Pollux Properti (Indonesia) Market Value
| POLL Stock | 112.00 0.00 0.00% |
| Symbol | Pollux |
Pollux Properti '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 Pollux Properti'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 Pollux Properti.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Pollux Properti on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Pollux Properti Indonesia or generate 0.0% return on investment in Pollux Properti over 720 days. Pollux Properti is related to or competes with Transcoal Pacific, Medikaloka Hermina, Maha Properti, Jaya Sukses, and Garudafood Putra. More
Pollux Properti 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 Pollux Properti'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 Pollux Properti Indonesia upside and downside potential and time the market with a certain degree of confidence.
Pollux Properti Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pollux Properti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pollux Properti's standard deviation. In reality, there are many statistical measures that can use Pollux Properti historical prices to predict the future Pollux Properti's volatility.Pollux Properti Indonesia Backtested Returns
We have found three technical indicators for Pollux Properti Indonesia, 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 Pollux Properti are completely uncorrelated.
Auto-correlation | 0.54 |
Modest predictability
Pollux Properti Indonesia has modest predictability. Overlapping area represents the amount of predictability between Pollux Properti time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 Pollux Properti Indonesia price movement. The serial correlation of 0.54 indicates that about 54.0% of current Pollux Properti price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 258.7 |
Pollux Properti Indonesia lagged returns against current returns
Autocorrelation, which is Pollux Properti 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 Pollux Properti's stock expected returns. We can calculate the autocorrelation of Pollux Properti returns to help us make a trade decision. For example, suppose you find that Pollux Properti 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 |
Pollux Properti 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 Pollux Properti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pollux Properti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pollux Properti stock over time.
Current vs Lagged Prices |
| Timeline |
Pollux Properti Lagged Returns
When evaluating Pollux Properti's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pollux Properti stock have on its future price. Pollux Properti 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, Pollux Properti autocorrelation shows the relationship between Pollux Properti stock current value and its past values and can show if there is a momentum factor associated with investing in Pollux Properti Indonesia.
Regressed Prices |
| Timeline |
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Pollux Properti financial ratios help investors to determine whether Pollux 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 Pollux with respect to the benefits of owning Pollux Properti security.