Panca Budi (Indonesia) Market Value
| PBID Stock | IDR 520.00 10.00 1.89% |
| Symbol | Panca |
Panca Budi '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 Panca Budi'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 Panca Budi.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Panca Budi on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Panca Budi Idaman or generate 0.0% return on investment in Panca Budi over 60 days. Panca Budi is related to or competes with Mitrabara Adiperdana, Mark Dynamics, Prodia Widyahusada, Selamat Sempurna, and Cikarang Listrindo. PT Panca Budi Idaman Tbk manufactures, distributes, and trades in plastic packaging items More
Panca Budi 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 Panca Budi'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 Panca Budi Idaman upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.0431 | |||
| Maximum Drawdown | 12.31 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 2.78 |
Panca Budi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panca Budi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panca Budi's standard deviation. In reality, there are many statistical measures that can use Panca Budi historical prices to predict the future Panca Budi's volatility.| Risk Adjusted Performance | 0.0988 | |||
| Jensen Alpha | 0.2385 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0584 | |||
| Treynor Ratio | (0.45) |
Panca Budi Idaman Backtested Returns
Panca Budi appears to be very steady, given 3 months investment horizon. Panca Budi Idaman maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Panca Budi Idaman, which you can use to evaluate the volatility of the company. Please evaluate Panca Budi's Coefficient Of Variation of 817.5, semi deviation of 0.7949, and Risk Adjusted Performance of 0.0988 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Panca Budi holds a performance score of 10. The company holds a Beta of -0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Panca Budi are expected to decrease at a much lower rate. During the bear market, Panca Budi is likely to outperform the market. Please check Panca Budi's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Panca Budi's historical price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
Panca Budi Idaman has good predictability. Overlapping area represents the amount of predictability between Panca Budi time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 Panca Budi Idaman price movement. The serial correlation of 0.72 indicates that around 72.0% of current Panca Budi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 382.08 |
Panca Budi Idaman lagged returns against current returns
Autocorrelation, which is Panca Budi 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 Panca Budi's stock expected returns. We can calculate the autocorrelation of Panca Budi returns to help us make a trade decision. For example, suppose you find that Panca Budi 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 |
Panca Budi 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 Panca Budi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panca Budi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panca Budi stock over time.
Current vs Lagged Prices |
| Timeline |
Panca Budi Lagged Returns
When evaluating Panca Budi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panca Budi stock have on its future price. Panca Budi 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, Panca Budi autocorrelation shows the relationship between Panca Budi stock current value and its past values and can show if there is a momentum factor associated with investing in Panca Budi Idaman.
Regressed Prices |
| Timeline |
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Panca Budi financial ratios help investors to determine whether Panca 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 Panca with respect to the benefits of owning Panca Budi security.