Intanwijaya Internasional (Indonesia) Market Value
| INCI Stock | IDR 575.00 10.00 1.71% |
| Symbol | Intanwijaya |
Intanwijaya Internasional 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Intanwijaya Internasional's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Intanwijaya Internasional.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Intanwijaya Internasional on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Intanwijaya Internasional Tbk or generate 0.0% return on investment in Intanwijaya Internasional over 30 days. Intanwijaya Internasional is related to or competes with Kedaung Indah, Langgeng Makmur, Kabelindo Murni, Mustika Ratu, and Champion Pacific. More
Intanwijaya Internasional Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Intanwijaya Internasional's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Intanwijaya Internasional Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 8.49 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 1.75 |
Intanwijaya Internasional Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intanwijaya Internasional's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intanwijaya Internasional's standard deviation. In reality, there are many statistical measures that can use Intanwijaya Internasional historical prices to predict the future Intanwijaya Internasional's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.4341 |
Intanwijaya Internasional Backtested Returns
Intanwijaya Internasional holds Efficiency (Sharpe) Ratio of -0.0026, which attests that the entity had a -0.0026% return per unit of risk over the last 3 months. Intanwijaya Internasional exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intanwijaya Internasional's Market Risk Adjusted Performance of 0.4441, standard deviation of 1.39, and insignificant Risk Adjusted Performance to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0611, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Intanwijaya Internasional are expected to decrease at a much lower rate. During the bear market, Intanwijaya Internasional is likely to outperform the market. At this point, Intanwijaya Internasional has a negative expected return of -0.0037%. Please make sure to check out Intanwijaya Internasional's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Intanwijaya Internasional performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Intanwijaya Internasional Tbk has good predictability. Overlapping area represents the amount of predictability between Intanwijaya Internasional time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Intanwijaya Internasional price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Intanwijaya Internasional price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 42.56 |
Intanwijaya Internasional lagged returns against current returns
Autocorrelation, which is Intanwijaya Internasional stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Intanwijaya Internasional's stock expected returns. We can calculate the autocorrelation of Intanwijaya Internasional returns to help us make a trade decision. For example, suppose you find that Intanwijaya Internasional has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Intanwijaya Internasional regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Intanwijaya Internasional stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intanwijaya Internasional stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intanwijaya Internasional stock over time.
Current vs Lagged Prices |
| Timeline |
Intanwijaya Internasional Lagged Returns
When evaluating Intanwijaya Internasional's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intanwijaya Internasional stock have on its future price. Intanwijaya Internasional autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Intanwijaya Internasional autocorrelation shows the relationship between Intanwijaya Internasional stock current value and its past values and can show if there is a momentum factor associated with investing in Intanwijaya Internasional Tbk.
Regressed Prices |
| Timeline |
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Intanwijaya Internasional financial ratios help investors to determine whether Intanwijaya Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Intanwijaya with respect to the benefits of owning Intanwijaya Internasional security.