Perdana Bangun (Indonesia) Market Value
| KONI Stock | IDR 1,840 200.00 9.80% |
| Symbol | Perdana |
Perdana Bangun '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 Perdana Bangun'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 Perdana Bangun.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Perdana Bangun on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Perdana Bangun Pusaka or generate 0.0% return on investment in Perdana Bangun over 30 days. Perdana Bangun is related to or competes with Inter Delta, Jakarta Setiabudi, Modern Internasional, Multi Indocitra, and Jasuindo Tiga. PT Perdana Bangun Pusaka Tbk sells and distributes photographic products More
Perdana Bangun 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 Perdana Bangun'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 Perdana Bangun Pusaka upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.49 | |||
| Information Ratio | 0.1754 | |||
| Maximum Drawdown | 41.33 | |||
| Value At Risk | (9.94) | |||
| Potential Upside | 24.72 |
Perdana Bangun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Perdana Bangun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Perdana Bangun's standard deviation. In reality, there are many statistical measures that can use Perdana Bangun historical prices to predict the future Perdana Bangun's volatility.| Risk Adjusted Performance | 0.1558 | |||
| Jensen Alpha | 1.36 | |||
| Total Risk Alpha | 0.2691 | |||
| Sortino Ratio | 0.2641 | |||
| Treynor Ratio | 0.9094 |
Perdana Bangun Pusaka Backtested Returns
Perdana Bangun appears to be very steady, given 3 months investment horizon. Perdana Bangun Pusaka maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Perdana Bangun's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please evaluate Perdana Bangun's Semi Deviation of 3.68, coefficient of variation of 522.82, and Risk Adjusted Performance of 0.1558 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Perdana Bangun holds a performance score of 8. The company holds a Beta of 1.73, which implies 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, Perdana Bangun will likely underperform. Please check Perdana Bangun's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Perdana Bangun's historical price patterns will revert.
Auto-correlation | -0.64 |
Very good reverse predictability
Perdana Bangun Pusaka has very good reverse predictability. Overlapping area represents the amount of predictability between Perdana Bangun time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Perdana Bangun Pusaka price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Perdana Bangun price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 37.3 K |
Perdana Bangun Pusaka lagged returns against current returns
Autocorrelation, which is Perdana Bangun 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 Perdana Bangun's stock expected returns. We can calculate the autocorrelation of Perdana Bangun returns to help us make a trade decision. For example, suppose you find that Perdana Bangun 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 |
Perdana Bangun 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 Perdana Bangun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Perdana Bangun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Perdana Bangun stock over time.
Current vs Lagged Prices |
| Timeline |
Perdana Bangun Lagged Returns
When evaluating Perdana Bangun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Perdana Bangun stock have on its future price. Perdana Bangun 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, Perdana Bangun autocorrelation shows the relationship between Perdana Bangun stock current value and its past values and can show if there is a momentum factor associated with investing in Perdana Bangun Pusaka.
Regressed Prices |
| Timeline |
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Perdana Bangun financial ratios help investors to determine whether Perdana 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 Perdana with respect to the benefits of owning Perdana Bangun security.