Jaya Real (Indonesia) Market Value
| JRPT Stock | IDR 650.00 5.00 0.78% |
| Symbol | Jaya |
Jaya Real '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 Jaya Real'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 Jaya Real.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Jaya Real on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Jaya Real Property or generate 0.0% return on investment in Jaya Real over 30 days. Jaya Real is related to or competes with Agung Podomoro, Surya Semesta, Alam Sutera, Bumi Serpong, and Sentul City. More
Jaya Real 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 Jaya Real'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 Jaya Real Property upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.05 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 0.7692 |
Jaya Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jaya Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jaya Real's standard deviation. In reality, there are many statistical measures that can use Jaya Real historical prices to predict the future Jaya Real's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | 0.2334 |
Jaya Real Property Backtested Returns
Jaya Real Property holds Efficiency (Sharpe) Ratio of -0.0366, which attests that the entity had a -0.0366% return per unit of risk over the last 3 months. Jaya Real Property exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jaya Real's Market Risk Adjusted Performance of 0.2434, standard deviation of 0.6123, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jaya Real are expected to decrease at a much lower rate. During the bear market, Jaya Real is likely to outperform the market. At this point, Jaya Real Property has a negative expected return of -0.0224%. Please make sure to check out Jaya Real's skewness, accumulation distribution, rate of daily change, as well as the relationship between the kurtosis and daily balance of power , to decide if Jaya Real Property performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Jaya Real Property has modest reverse predictability. Overlapping area represents the amount of predictability between Jaya Real time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Jaya Real Property price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Jaya Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 3.72 |
Jaya Real Property lagged returns against current returns
Autocorrelation, which is Jaya Real 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 Jaya Real's stock expected returns. We can calculate the autocorrelation of Jaya Real returns to help us make a trade decision. For example, suppose you find that Jaya Real 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 |
Jaya Real 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 Jaya Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jaya Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jaya Real stock over time.
Current vs Lagged Prices |
| Timeline |
Jaya Real Lagged Returns
When evaluating Jaya Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jaya Real stock have on its future price. Jaya Real 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, Jaya Real autocorrelation shows the relationship between Jaya Real stock current value and its past values and can show if there is a momentum factor associated with investing in Jaya Real Property.
Regressed Prices |
| Timeline |
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Jaya Real financial ratios help investors to determine whether Jaya 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 Jaya with respect to the benefits of owning Jaya Real security.