Prima Cakrawala (Indonesia) Market Value
| PCAR Stock | IDR 50.00 0.00 0.00% |
| Symbol | Prima |
Prima Cakrawala '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 Prima Cakrawala'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 Prima Cakrawala.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Prima Cakrawala on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Prima Cakrawala Abadi or generate 0.0% return on investment in Prima Cakrawala over 30 days. Prima Cakrawala is related to or competes with Kalbe Farma, and Akr Corporindo. More
Prima Cakrawala 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 Prima Cakrawala'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 Prima Cakrawala Abadi upside and downside potential and time the market with a certain degree of confidence.
Prima Cakrawala Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prima Cakrawala's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prima Cakrawala's standard deviation. In reality, there are many statistical measures that can use Prima Cakrawala historical prices to predict the future Prima Cakrawala's volatility.Prima Cakrawala Abadi Backtested Returns
We have found three technical indicators for Prima Cakrawala Abadi, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Prima Cakrawala are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Prima Cakrawala Abadi has no correlation between past and present. Overlapping area represents the amount of predictability between Prima Cakrawala time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Prima Cakrawala Abadi price movement. The serial correlation of 0.0 indicates that just 0.0% of current Prima Cakrawala 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 |
Prima Cakrawala Abadi lagged returns against current returns
Autocorrelation, which is Prima Cakrawala 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 Prima Cakrawala's stock expected returns. We can calculate the autocorrelation of Prima Cakrawala returns to help us make a trade decision. For example, suppose you find that Prima Cakrawala 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 |
Prima Cakrawala 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 Prima Cakrawala stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prima Cakrawala stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prima Cakrawala stock over time.
Current vs Lagged Prices |
| Timeline |
Prima Cakrawala Lagged Returns
When evaluating Prima Cakrawala's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prima Cakrawala stock have on its future price. Prima Cakrawala 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, Prima Cakrawala autocorrelation shows the relationship between Prima Cakrawala stock current value and its past values and can show if there is a momentum factor associated with investing in Prima Cakrawala Abadi.
Regressed Prices |
| Timeline |
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Prima Cakrawala financial ratios help investors to determine whether Prima 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 Prima with respect to the benefits of owning Prima Cakrawala security.