Paninvest Tbk (Indonesia) Market Value
| PNIN Stock | IDR 1,065 45.00 4.05% |
| Symbol | Paninvest |
Paninvest Tbk '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 Paninvest Tbk'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 Paninvest Tbk.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Paninvest Tbk on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Paninvest Tbk or generate 0.0% return on investment in Paninvest Tbk over 720 days. Paninvest Tbk is related to or competes with Panin Financial, Bank Pan, Panin Sekuritas, Clipan Finance, and Trimegah Securities. PT Paninvest Tbk provides life insurance products in Indonesia More
Paninvest Tbk 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 Paninvest Tbk'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 Paninvest Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.27 | |||
| Information Ratio | 0.0648 | |||
| Maximum Drawdown | 16.17 | |||
| Value At Risk | (3.96) | |||
| Potential Upside | 6.16 |
Paninvest Tbk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paninvest Tbk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Paninvest Tbk's standard deviation. In reality, there are many statistical measures that can use Paninvest Tbk historical prices to predict the future Paninvest Tbk's volatility.| Risk Adjusted Performance | 0.0895 | |||
| Jensen Alpha | 0.3207 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0887 | |||
| Treynor Ratio | 22.24 |
Paninvest Tbk Backtested Returns
Paninvest Tbk appears to be very steady, given 3 months investment horizon. Paninvest Tbk maintains Sharpe Ratio (i.e., Efficiency) of 0.0797, which implies the firm had a 0.0797% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Paninvest Tbk, which you can use to evaluate the volatility of the company. Please evaluate Paninvest Tbk's Semi Deviation of 1.91, coefficient of variation of 936.22, and Risk Adjusted Performance of 0.0895 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Paninvest Tbk holds a performance score of 6. The company holds a Beta of 0.0145, which implies not very significant fluctuations relative to the market. As returns on the market increase, Paninvest Tbk's returns are expected to increase less than the market. However, during the bear market, the loss of holding Paninvest Tbk is expected to be smaller as well. Please check Paninvest Tbk's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Paninvest Tbk's historical price patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
Paninvest Tbk has poor reverse predictability. Overlapping area represents the amount of predictability between Paninvest Tbk time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Paninvest Tbk price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Paninvest Tbk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 8232.77 |
Paninvest Tbk lagged returns against current returns
Autocorrelation, which is Paninvest Tbk 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 Paninvest Tbk's stock expected returns. We can calculate the autocorrelation of Paninvest Tbk returns to help us make a trade decision. For example, suppose you find that Paninvest Tbk 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 |
Paninvest Tbk 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 Paninvest Tbk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Paninvest Tbk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Paninvest Tbk stock over time.
Current vs Lagged Prices |
| Timeline |
Paninvest Tbk Lagged Returns
When evaluating Paninvest Tbk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Paninvest Tbk stock have on its future price. Paninvest Tbk 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, Paninvest Tbk autocorrelation shows the relationship between Paninvest Tbk stock current value and its past values and can show if there is a momentum factor associated with investing in Paninvest Tbk.
Regressed Prices |
| Timeline |
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Paninvest Tbk financial ratios help investors to determine whether Paninvest 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 Paninvest with respect to the benefits of owning Paninvest Tbk security.