Star Pacific (Indonesia) Market Value
| LPLI Stock | IDR 260.00 2.00 0.78% |
| Symbol | Star |
Star Pacific '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 Star Pacific'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 Star Pacific.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Star Pacific on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Star Pacific Tbk or generate 0.0% return on investment in Star Pacific over 180 days. Star Pacific is related to or competes with Lenox Pasifik, Multipolar Tbk, Lautan Luas, Metrodata Electronics, and Multi Indocitra. More
Star Pacific 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 Star Pacific'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 Star Pacific Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.71 | |||
| Information Ratio | 0.0218 | |||
| Maximum Drawdown | 31.25 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.39 |
Star Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Star Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Star Pacific's standard deviation. In reality, there are many statistical measures that can use Star Pacific historical prices to predict the future Star Pacific's volatility.| Risk Adjusted Performance | 0.0502 | |||
| Jensen Alpha | 0.173 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0314 | |||
| Treynor Ratio | 0.7604 |
Star Pacific Tbk Backtested Returns
Star Pacific appears to be out of control, given 3 months investment horizon. Star Pacific Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0527, which indicates the firm had a 0.0527% return per unit of risk over the last 3 months. We have found thirty technical indicators for Star Pacific Tbk, which you can use to evaluate the volatility of the company. Please review Star Pacific's Semi Deviation of 2.34, coefficient of variation of 1812.49, and Risk Adjusted Performance of 0.0502 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Star Pacific holds a performance score of 4. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Star Pacific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Star Pacific is expected to be smaller as well. Please check Star Pacific's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Star Pacific's existing price patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
Star Pacific Tbk has below average predictability. Overlapping area represents the amount of predictability between Star Pacific time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Star Pacific Tbk price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Star Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 329.74 |
Star Pacific Tbk lagged returns against current returns
Autocorrelation, which is Star Pacific 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 Star Pacific's stock expected returns. We can calculate the autocorrelation of Star Pacific returns to help us make a trade decision. For example, suppose you find that Star Pacific 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 |
Star Pacific 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 Star Pacific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Star Pacific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Star Pacific stock over time.
Current vs Lagged Prices |
| Timeline |
Star Pacific Lagged Returns
When evaluating Star Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Star Pacific stock have on its future price. Star Pacific 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, Star Pacific autocorrelation shows the relationship between Star Pacific stock current value and its past values and can show if there is a momentum factor associated with investing in Star Pacific Tbk.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Star Stock
Star Pacific financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Pacific security.