Indo Rama's market value is the price at which a share of Indo Rama trades on a public exchange. It measures the collective expectations of Indo Rama Synthetics investors about its performance. Indo Rama is selling at 45.11 as of the 16th of January 2025; that is 8.99 percent increase since the beginning of the trading day. The stock's lowest day price was 41.2. With this module, you can estimate the performance of a buy and hold strategy of Indo Rama Synthetics and determine expected loss or profit from investing in Indo Rama over a given investment horizon. Check out Indo Rama Correlation, Indo Rama Volatility and Indo Rama Alpha and Beta module to complement your research on Indo Rama.
Please note, there is a significant difference between Indo Rama's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indo Rama is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indo Rama'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.
Indo Rama '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 Indo Rama'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 Indo Rama.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Indo Rama'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 Indo Rama Synthetics upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indo Rama's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indo Rama's standard deviation. In reality, there are many statistical measures that can use Indo Rama historical prices to predict the future Indo Rama's volatility.
As of now, Indo Stock is very steady. Indo Rama Synthetics holds Efficiency (Sharpe) Ratio of 0.0135, which attests that the entity had a 0.0135% return per unit of risk over the last 3 months. We have found thirty technical indicators for Indo Rama Synthetics, which you can use to evaluate the volatility of the firm. Please check out Indo Rama's Market Risk Adjusted Performance of 0.0868, risk adjusted performance of 0.0184, and Downside Deviation of 2.96 to validate if the risk estimate we provide is consistent with the expected return of 0.0373%. Indo Rama has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Indo Rama's returns are expected to increase less than the market. However, during the bear market, the loss of holding Indo Rama is expected to be smaller as well. Indo Rama Synthetics right now retains a risk of 2.77%. Please check out Indo Rama jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to decide if Indo Rama will be following its current trending patterns.
Auto-correlation
0.37
Below average predictability
Indo Rama Synthetics has below average predictability. Overlapping area represents the amount of predictability between Indo Rama time series from 20th of July 2024 to 18th of October 2024 and 18th of October 2024 to 16th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Indo Rama Synthetics price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Indo Rama price fluctuation can be explain by its past prices.
Correlation Coefficient
0.37
Spearman Rank Test
0.26
Residual Average
0.0
Price Variance
3.96
Indo Rama Synthetics lagged returns against current returns
Autocorrelation, which is Indo Rama 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 Indo Rama's stock expected returns. We can calculate the autocorrelation of Indo Rama returns to help us make a trade decision. For example, suppose you find that Indo Rama 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
Indo Rama 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 Indo Rama stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indo Rama stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indo Rama stock over time.
Current vs Lagged Prices
Timeline
Indo Rama Lagged Returns
When evaluating Indo Rama's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indo Rama stock have on its future price. Indo Rama 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, Indo Rama autocorrelation shows the relationship between Indo Rama stock current value and its past values and can show if there is a momentum factor associated with investing in Indo Rama Synthetics.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Indo Rama financial ratios help investors to determine whether Indo 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 Indo with respect to the benefits of owning Indo Rama security.