Panca Global (Indonesia) Market Value
| PEGE Stock | IDR 110.00 5.00 4.76% |
| Symbol | Panca |
Panca Global '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 Global'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 Global.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Panca Global on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Panca Global Securities or generate 0.0% return on investment in Panca Global over 30 days. Panca Global is related to or competes with Panin Sekuritas, Reliance Securities, Mandala Multifinance, Paninvest Tbk, and Maskapai Reasuransi. More
Panca Global 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 Global'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 Global Securities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 25.8 | |||
| Value At Risk | (5.60) | |||
| Potential Upside | 8.09 |
Panca Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panca Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panca Global's standard deviation. In reality, there are many statistical measures that can use Panca Global historical prices to predict the future Panca Global's volatility.| Risk Adjusted Performance | 0.0029 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.09) |
Panca Global Securities Backtested Returns
Panca Global Securities maintains Sharpe Ratio (i.e., Efficiency) of -0.0225, which implies the firm had a -0.0225% return per unit of risk over the last 3 months. Panca Global Securities exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Panca Global's Risk Adjusted Performance of 0.0029, variance of 18.85, and Coefficient Of Variation of (14,367) to confirm the risk estimate we provide. The company holds a Beta of 0.44, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Panca Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Panca Global is expected to be smaller as well. At this point, Panca Global Securities has a negative expected return of -0.0943%. Please make sure to check Panca Global's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Panca Global Securities performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Panca Global Securities has insignificant reverse predictability. Overlapping area represents the amount of predictability between Panca Global time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Global Securities price movement. The serial correlation of -0.2 indicates that over 20.0% of current Panca Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 8.56 |
Panca Global Securities lagged returns against current returns
Autocorrelation, which is Panca Global 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 Global's stock expected returns. We can calculate the autocorrelation of Panca Global returns to help us make a trade decision. For example, suppose you find that Panca Global 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 Global 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 Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panca Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panca Global stock over time.
Current vs Lagged Prices |
| Timeline |
Panca Global Lagged Returns
When evaluating Panca Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panca Global stock have on its future price. Panca Global 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 Global autocorrelation shows the relationship between Panca Global stock current value and its past values and can show if there is a momentum factor associated with investing in Panca Global Securities.
Regressed Prices |
| Timeline |
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Panca Global 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 Global security.