Akr Corporindo Tbk Stock Market Value
| PKCPY Stock | USD 1.58 0.00 0.00% |
| Symbol | AKR |
AKR Corporindo '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 AKR Corporindo's pink sheet 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 AKR Corporindo.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in AKR Corporindo on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding AKR Corporindo Tbk or generate 0.0% return on investment in AKR Corporindo over 180 days. AKR Corporindo is related to or competes with Neste Oyj, and Valero Energy. PT AKR Corporindo Tbk, a logistics and supply chain company, engages in distribution and trading of petroleum and basic ... More
AKR Corporindo 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 AKR Corporindo's pink sheet 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 AKR Corporindo Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 24.76 |
AKR Corporindo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AKR Corporindo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AKR Corporindo's standard deviation. In reality, there are many statistical measures that can use AKR Corporindo historical prices to predict the future AKR Corporindo's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (2.73) |
AKR Corporindo Tbk Backtested Returns
AKR Corporindo Tbk secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. AKR Corporindo Tbk exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AKR Corporindo's risk adjusted performance of (0.1), and Mean Deviation of 0.739 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AKR Corporindo's returns are expected to increase less than the market. However, during the bear market, the loss of holding AKR Corporindo is expected to be smaller as well. At this point, AKR Corporindo Tbk has a negative expected return of -0.41%. Please make sure to confirm AKR Corporindo's risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and day median price , to decide if AKR Corporindo Tbk performance from the past will be repeated in the future.
Auto-correlation | 0.72 |
Good predictability
AKR Corporindo Tbk has good predictability. Overlapping area represents the amount of predictability between AKR Corporindo time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AKR Corporindo Tbk price movement. The serial correlation of 0.72 indicates that around 72.0% of current AKR Corporindo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
AKR Corporindo Tbk lagged returns against current returns
Autocorrelation, which is AKR Corporindo pink sheet'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 AKR Corporindo's pink sheet expected returns. We can calculate the autocorrelation of AKR Corporindo returns to help us make a trade decision. For example, suppose you find that AKR Corporindo has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
AKR Corporindo 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 AKR Corporindo pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AKR Corporindo pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AKR Corporindo pink sheet over time.
Current vs Lagged Prices |
| Timeline |
AKR Corporindo Lagged Returns
When evaluating AKR Corporindo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AKR Corporindo pink sheet have on its future price. AKR Corporindo 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, AKR Corporindo autocorrelation shows the relationship between AKR Corporindo pink sheet current value and its past values and can show if there is a momentum factor associated with investing in AKR Corporindo Tbk.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for AKR Pink Sheet Analysis
When running AKR Corporindo's price analysis, check to measure AKR Corporindo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AKR Corporindo is operating at the current time. Most of AKR Corporindo's value examination focuses on studying past and present price action to predict the probability of AKR Corporindo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AKR Corporindo's price. Additionally, you may evaluate how the addition of AKR Corporindo to your portfolios can decrease your overall portfolio volatility.