Indonesia Energy Stock Market Value
| INDO Stock | USD 3.08 0.22 6.67% |
| Symbol | Indonesia |
Indonesia Energy Price To Book Ratio
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Indonesia Energy. If investors know Indonesia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Indonesia Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 0.308 | Quarterly Revenue Growth (0.22) | Return On Assets (0.12) | Return On Equity (0.22) |
The market value of Indonesia Energy is measured differently than its book value, which is the value of Indonesia that is recorded on the company's balance sheet. Investors also form their own opinion of Indonesia Energy's value that differs from its market value or its book value, called intrinsic value, which is Indonesia Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Indonesia Energy's market value can be influenced by many factors that don't directly affect Indonesia Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Indonesia Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indonesia Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indonesia Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Indonesia Energy '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 Indonesia Energy'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 Indonesia Energy.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Indonesia Energy on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Indonesia Energy or generate 0.0% return on investment in Indonesia Energy over 30 days. Indonesia Energy is related to or competes with Sabine Royalty, Cross Timbers, MV Oil, San Juan, VOC Energy, North European, and Mesa Royalty. Indonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia More
Indonesia Energy 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 Indonesia Energy'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 Indonesia Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.96 | |||
| Information Ratio | 0.0271 | |||
| Maximum Drawdown | 71.63 | |||
| Value At Risk | (9.64) | |||
| Potential Upside | 16.67 |
Indonesia Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indonesia Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indonesia Energy's standard deviation. In reality, there are many statistical measures that can use Indonesia Energy historical prices to predict the future Indonesia Energy's volatility.| Risk Adjusted Performance | 0.0397 | |||
| Jensen Alpha | 0.7493 | |||
| Total Risk Alpha | (1.17) | |||
| Sortino Ratio | 0.0456 | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Indonesia Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Indonesia Energy Backtested Returns
Indonesia Energy appears to be very risky, given 3 months investment horizon. Indonesia Energy holds Efficiency (Sharpe) Ratio of 0.0281, which attests that the entity had a 0.0281% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Indonesia Energy, which you can use to evaluate the volatility of the firm. Please utilize Indonesia Energy's Market Risk Adjusted Performance of (0.12), downside deviation of 5.96, and Risk Adjusted Performance of 0.0397 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Indonesia Energy holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of -3.03, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Indonesia Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Indonesia Energy is expected to outperform it. Please check Indonesia Energy's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Indonesia Energy's current trending patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Indonesia Energy has insignificant reverse predictability. Overlapping area represents the amount of predictability between Indonesia Energy time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Indonesia Energy price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Indonesia Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Indonesia Energy lagged returns against current returns
Autocorrelation, which is Indonesia Energy 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 Indonesia Energy's stock expected returns. We can calculate the autocorrelation of Indonesia Energy returns to help us make a trade decision. For example, suppose you find that Indonesia Energy 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 |
Indonesia Energy 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 Indonesia Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indonesia Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indonesia Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Indonesia Energy Lagged Returns
When evaluating Indonesia Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indonesia Energy stock have on its future price. Indonesia Energy 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, Indonesia Energy autocorrelation shows the relationship between Indonesia Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Indonesia Energy.
Regressed Prices |
| Timeline |
Pair Trading with Indonesia Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Indonesia Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Indonesia Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Indonesia Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Indonesia Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Indonesia Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Indonesia Energy to buy it.
The correlation of Indonesia Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Indonesia Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Indonesia Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Indonesia Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Indonesia Energy Correlation, Indonesia Energy Volatility and Indonesia Energy Alpha and Beta module to complement your research on Indonesia Energy. To learn how to invest in Indonesia Stock, please use our How to Invest in Indonesia Energy guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Indonesia Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.