Kedaung Indah (Indonesia) Market Value
| KICI Stock | IDR 121.00 1.00 0.83% |
| Symbol | Kedaung |
Kedaung Indah '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 Kedaung Indah'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 Kedaung Indah.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Kedaung Indah on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Kedaung Indah Can or generate 0.0% return on investment in Kedaung Indah over 720 days. Kedaung Indah is related to or competes with Langgeng Makmur, Kedawung Setia, Mustika Ratu, Kabelindo Murni, and Lion Metal. PT Kedaung Indah Can Tbk manufactures and sells enamel-on-steel cookware and cantin products in Indonesia More
Kedaung Indah 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 Kedaung Indah'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 Kedaung Indah Can upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.8 | |||
| Information Ratio | 0.001 | |||
| Maximum Drawdown | 45.24 | |||
| Value At Risk | (4.90) | |||
| Potential Upside | 5.41 |
Kedaung Indah Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kedaung Indah's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kedaung Indah's standard deviation. In reality, there are many statistical measures that can use Kedaung Indah historical prices to predict the future Kedaung Indah's volatility.| Risk Adjusted Performance | 0.0283 | |||
| Jensen Alpha | 0.2029 | |||
| Total Risk Alpha | (0.71) | |||
| Sortino Ratio | 0.0015 | |||
| Treynor Ratio | (0.20) |
Kedaung Indah Can Backtested Returns
Kedaung Indah appears to be very steady, given 3 months investment horizon. Kedaung Indah Can has Sharpe Ratio of 0.0386, which conveys that the firm had a 0.0386% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kedaung Indah, which you can use to evaluate the volatility of the firm. Please exercise Kedaung Indah's Mean Deviation of 2.91, risk adjusted performance of 0.0283, and Downside Deviation of 3.8 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kedaung Indah holds a performance score of 3. The company secures a Beta (Market Risk) of -0.63, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kedaung Indah are expected to decrease at a much lower rate. During the bear market, Kedaung Indah is likely to outperform the market. Please check Kedaung Indah's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Kedaung Indah's current price movements will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Kedaung Indah Can has insignificant reverse predictability. Overlapping area represents the amount of predictability between Kedaung Indah time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Kedaung Indah Can price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Kedaung Indah price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 403.77 |
Kedaung Indah Can lagged returns against current returns
Autocorrelation, which is Kedaung Indah 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 Kedaung Indah's stock expected returns. We can calculate the autocorrelation of Kedaung Indah returns to help us make a trade decision. For example, suppose you find that Kedaung Indah 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 |
Kedaung Indah 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 Kedaung Indah stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kedaung Indah stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kedaung Indah stock over time.
Current vs Lagged Prices |
| Timeline |
Kedaung Indah Lagged Returns
When evaluating Kedaung Indah's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kedaung Indah stock have on its future price. Kedaung Indah 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, Kedaung Indah autocorrelation shows the relationship between Kedaung Indah stock current value and its past values and can show if there is a momentum factor associated with investing in Kedaung Indah Can.
Regressed Prices |
| Timeline |
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Kedaung Indah financial ratios help investors to determine whether Kedaung 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 Kedaung with respect to the benefits of owning Kedaung Indah security.