Grand Kartech (Indonesia) Market Value
| KRAH Stock | IDR 436.00 0.00 0.00% |
| Symbol | Grand |
Grand Kartech '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 Grand Kartech'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 Grand Kartech.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Grand Kartech on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Grand Kartech Tbk or generate 0.0% return on investment in Grand Kartech over 30 days. Grand Kartech is related to or competes with Lippo General, HK Metals, Chandra Asri, Merdeka Copper, Ace Hardware, Lion Metal, and Surya Citra. More
Grand Kartech 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 Grand Kartech'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 Grand Kartech Tbk upside and downside potential and time the market with a certain degree of confidence.
Grand Kartech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grand Kartech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grand Kartech's standard deviation. In reality, there are many statistical measures that can use Grand Kartech historical prices to predict the future Grand Kartech's volatility.Grand Kartech Tbk Backtested Returns
We have found three technical indicators for Grand Kartech Tbk, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Grand Kartech are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Grand Kartech Tbk has no correlation between past and present. Overlapping area represents the amount of predictability between Grand Kartech time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Grand Kartech Tbk price movement. The serial correlation of 0.0 indicates that just 0.0% of current Grand Kartech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Grand Kartech Tbk lagged returns against current returns
Autocorrelation, which is Grand Kartech 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 Grand Kartech's stock expected returns. We can calculate the autocorrelation of Grand Kartech returns to help us make a trade decision. For example, suppose you find that Grand Kartech 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 |
Grand Kartech 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 Grand Kartech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grand Kartech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grand Kartech stock over time.
Current vs Lagged Prices |
| Timeline |
Grand Kartech Lagged Returns
When evaluating Grand Kartech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grand Kartech stock have on its future price. Grand Kartech 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, Grand Kartech autocorrelation shows the relationship between Grand Kartech stock current value and its past values and can show if there is a momentum factor associated with investing in Grand Kartech Tbk.
Regressed Prices |
| Timeline |
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Grand Kartech financial ratios help investors to determine whether Grand 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 Grand with respect to the benefits of owning Grand Kartech security.