Kmi Wire (Indonesia) Market Value
| KBLI Stock | IDR 374.00 12.00 3.11% |
| Symbol | Kmi |
Kmi Wire '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 Kmi Wire'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 Kmi Wire.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Kmi Wire on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Kmi Wire And or generate 0.0% return on investment in Kmi Wire over 510 days. Kmi Wire is related to or competes with Rukun Raharja, and Weha Transportasi. PT KMI Wire and Cable Tbk manufactures and sells various power cables in Indonesia More
Kmi Wire 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 Kmi Wire'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 Kmi Wire And upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 13.59 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.87 |
Kmi Wire Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kmi Wire's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kmi Wire's standard deviation. In reality, there are many statistical measures that can use Kmi Wire historical prices to predict the future Kmi Wire's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 4.39 |
Kmi Wire And Backtested Returns
Kmi Wire And has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Kmi Wire exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kmi Wire's Standard Deviation of 1.97, risk adjusted performance of (0.04), and Mean Deviation of 1.14 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.028, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kmi Wire are expected to decrease at a much lower rate. During the bear market, Kmi Wire is likely to outperform the market. At this point, Kmi Wire And has a negative expected return of -0.19%. Please make sure to verify Kmi Wire's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Kmi Wire And performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Kmi Wire And has virtually no predictability. Overlapping area represents the amount of predictability between Kmi Wire 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 Kmi Wire And price movement. The serial correlation of 0.02 indicates that only 2.0% of current Kmi Wire price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1389.84 |
Kmi Wire And lagged returns against current returns
Autocorrelation, which is Kmi Wire 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 Kmi Wire's stock expected returns. We can calculate the autocorrelation of Kmi Wire returns to help us make a trade decision. For example, suppose you find that Kmi Wire 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 |
Kmi Wire 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 Kmi Wire stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kmi Wire stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kmi Wire stock over time.
Current vs Lagged Prices |
| Timeline |
Kmi Wire Lagged Returns
When evaluating Kmi Wire's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kmi Wire stock have on its future price. Kmi Wire 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, Kmi Wire autocorrelation shows the relationship between Kmi Wire stock current value and its past values and can show if there is a momentum factor associated with investing in Kmi Wire And.
Regressed Prices |
| Timeline |
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Kmi Wire financial ratios help investors to determine whether Kmi 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 Kmi with respect to the benefits of owning Kmi Wire security.