Planet Properindo (Indonesia) Market Value
| PLAN Stock | IDR 34.00 3.00 9.68% |
| Symbol | Planet |
Planet Properindo '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 Planet Properindo'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 Planet Properindo.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Planet Properindo on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Planet Properindo Jaya or generate 0.0% return on investment in Planet Properindo over 30 days. Planet Properindo is related to or competes with PT Boston, Sejahtera Bintang, Menteng Heritage, Lancartama Sejati, and Prima Globalindo. PT Planet Properindo Jaya engages in hotels, restaurants, and tourism consulting activities More
Planet Properindo 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 Planet Properindo'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 Planet Properindo Jaya upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.73 | |||
| Information Ratio | 0.1112 | |||
| Maximum Drawdown | 17.42 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 8.7 |
Planet Properindo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Planet Properindo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Planet Properindo's standard deviation. In reality, there are many statistical measures that can use Planet Properindo historical prices to predict the future Planet Properindo's volatility.| Risk Adjusted Performance | 0.1174 | |||
| Jensen Alpha | 0.7637 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0845 | |||
| Treynor Ratio | (0.51) |
Planet Properindo Jaya Backtested Returns
Planet Properindo appears to be not too volatile, given 3 months investment horizon. Planet Properindo Jaya maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Planet Properindo's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please evaluate Planet Properindo's Semi Deviation of 3.1, risk adjusted performance of 0.1174, and Coefficient Of Variation of 700.58 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Planet Properindo holds a performance score of 12. The company holds a Beta of -1.19, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Planet Properindo are expected to decrease by larger amounts. On the other hand, during market turmoil, Planet Properindo is expected to outperform it. Please check Planet Properindo's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Planet Properindo's historical price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
Planet Properindo Jaya has good predictability. Overlapping area represents the amount of predictability between Planet Properindo time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Planet Properindo Jaya price movement. The serial correlation of 0.72 indicates that around 72.0% of current Planet Properindo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 11.34 |
Planet Properindo Jaya lagged returns against current returns
Autocorrelation, which is Planet Properindo 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 Planet Properindo's stock expected returns. We can calculate the autocorrelation of Planet Properindo returns to help us make a trade decision. For example, suppose you find that Planet Properindo 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 |
Planet Properindo 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 Planet Properindo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Planet Properindo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Planet Properindo stock over time.
Current vs Lagged Prices |
| Timeline |
Planet Properindo Lagged Returns
When evaluating Planet Properindo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Planet Properindo stock have on its future price. Planet Properindo 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, Planet Properindo autocorrelation shows the relationship between Planet Properindo stock current value and its past values and can show if there is a momentum factor associated with investing in Planet Properindo Jaya.
Regressed Prices |
| Timeline |
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Planet Properindo financial ratios help investors to determine whether Planet 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 Planet with respect to the benefits of owning Planet Properindo security.