Jakarta Setiabudi (Indonesia) Market Value
| JSPT Stock | IDR 8,925 1,050 10.53% |
| Symbol | Jakarta |
Jakarta Setiabudi '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 Jakarta Setiabudi'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 Jakarta Setiabudi.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Jakarta Setiabudi on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Jakarta Setiabudi Internasional or generate 0.0% return on investment in Jakarta Setiabudi over 510 days. Jakarta Setiabudi is related to or competes with Jasuindo Tiga, Jakarta Int, Inter Delta, Pudjiadi Sons, and Bayu Buana. PT Jakarta Setiabudi Internasional Tbk, together with its subsidiaries, engages in the hospitality and property business... More
Jakarta Setiabudi 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 Jakarta Setiabudi'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 Jakarta Setiabudi Internasional upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.18 | |||
| Information Ratio | 0.2572 | |||
| Maximum Drawdown | 38.56 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 24.82 |
Jakarta Setiabudi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jakarta Setiabudi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jakarta Setiabudi's standard deviation. In reality, there are many statistical measures that can use Jakarta Setiabudi historical prices to predict the future Jakarta Setiabudi's volatility.| Risk Adjusted Performance | 0.2153 | |||
| Jensen Alpha | 2.37 | |||
| Total Risk Alpha | 1.17 | |||
| Sortino Ratio | 0.3255 | |||
| Treynor Ratio | 0.7951 |
Jakarta Setiabudi Backtested Returns
Jakarta Setiabudi is very steady given 3 months investment horizon. Jakarta Setiabudi holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27% return per unit of risk over the last 3 months. We were able to collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.88% are justified by taking the suggested risk. Use Jakarta Setiabudi Internasional Downside Deviation of 8.18, market risk adjusted performance of 0.8051, and Risk Adjusted Performance of 0.2153 to evaluate company specific risk that cannot be diversified away. Jakarta Setiabudi holds a performance score of 21 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 3.5, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jakarta Setiabudi will likely underperform. Use Jakarta Setiabudi Internasional jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to analyze future returns on Jakarta Setiabudi Internasional.
Auto-correlation | 0.76 |
Good predictability
Jakarta Setiabudi Internasional has good predictability. Overlapping area represents the amount of predictability between Jakarta Setiabudi time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Jakarta Setiabudi price movement. The serial correlation of 0.76 indicates that around 76.0% of current Jakarta Setiabudi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 2.4 M |
Jakarta Setiabudi lagged returns against current returns
Autocorrelation, which is Jakarta Setiabudi 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 Jakarta Setiabudi's stock expected returns. We can calculate the autocorrelation of Jakarta Setiabudi returns to help us make a trade decision. For example, suppose you find that Jakarta Setiabudi 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 |
Jakarta Setiabudi 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 Jakarta Setiabudi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jakarta Setiabudi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jakarta Setiabudi stock over time.
Current vs Lagged Prices |
| Timeline |
Jakarta Setiabudi Lagged Returns
When evaluating Jakarta Setiabudi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jakarta Setiabudi stock have on its future price. Jakarta Setiabudi 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, Jakarta Setiabudi autocorrelation shows the relationship between Jakarta Setiabudi stock current value and its past values and can show if there is a momentum factor associated with investing in Jakarta Setiabudi Internasional.
Regressed Prices |
| Timeline |
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Jakarta Setiabudi financial ratios help investors to determine whether Jakarta 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 Jakarta with respect to the benefits of owning Jakarta Setiabudi security.