Personel Alih (Indonesia) Market Value
| PADA Stock | 12.00 1.00 7.69% |
| Symbol | Personel |
Personel Alih '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 Personel Alih'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 Personel Alih.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Personel Alih on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Personel Alih Daya or generate 0.0% return on investment in Personel Alih over 60 days. Personel Alih is related to or competes with PT Surya, Satria Mega, Multifiling Mitra, Royal Prima, and Superkrane Mitra. More
Personel Alih 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 Personel Alih'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 Personel Alih Daya upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 17.42 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Personel Alih Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Personel Alih's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Personel Alih's standard deviation. In reality, there are many statistical measures that can use Personel Alih historical prices to predict the future Personel Alih's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (0.27) |
Personel Alih Daya Backtested Returns
Personel Alih Daya maintains Sharpe Ratio (i.e., Efficiency) of -0.0943, which implies the firm had a -0.0943% return per unit of risk over the last 3 months. Personel Alih Daya exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Personel Alih's Variance of 22.45, coefficient of variation of (2,087), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The company holds a Beta of 0.88, which implies possible diversification benefits within a given portfolio. Personel Alih returns are very sensitive to returns on the market. As the market goes up or down, Personel Alih is expected to follow. At this point, Personel Alih Daya has a negative expected return of -0.44%. Please make sure to check Personel Alih's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Personel Alih Daya performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Personel Alih Daya has modest reverse predictability. Overlapping area represents the amount of predictability between Personel Alih time series from 29th of September 2024 to 29th of October 2024 and 29th of October 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 Personel Alih Daya price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Personel Alih price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.79 |
Personel Alih Daya lagged returns against current returns
Autocorrelation, which is Personel Alih 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 Personel Alih's stock expected returns. We can calculate the autocorrelation of Personel Alih returns to help us make a trade decision. For example, suppose you find that Personel Alih 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 |
Personel Alih 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 Personel Alih stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Personel Alih stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Personel Alih stock over time.
Current vs Lagged Prices |
| Timeline |
Personel Alih Lagged Returns
When evaluating Personel Alih's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Personel Alih stock have on its future price. Personel Alih 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, Personel Alih autocorrelation shows the relationship between Personel Alih stock current value and its past values and can show if there is a momentum factor associated with investing in Personel Alih Daya.
Regressed Prices |
| Timeline |
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Personel Alih financial ratios help investors to determine whether Personel 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 Personel with respect to the benefits of owning Personel Alih security.