Pt Semen Indonesia Stock Market Value
| PSGTF Stock | USD 0.23 0.00 0.00% |
| Symbol | PSGTF |
PT Semen '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 PT Semen'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 PT Semen.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in PT Semen on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding PT Semen Indonesia or generate 0.0% return on investment in PT Semen over 30 days. PT Semen is related to or competes with Microbot Medical, Sonida Senior, NETGEAR, Anterix, Joint Corp, Weibo Corp, and Iridium Communications. PT Semen Indonesia Tbk, together with its subsidiaries, manufactures, packs, and distributes cement in Indonesia and int... More
PT Semen 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 PT Semen'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 PT Semen Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 33.33 |
PT Semen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Semen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Semen's standard deviation. In reality, there are many statistical measures that can use PT Semen historical prices to predict the future PT Semen's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (1.30) | |||
| Treynor Ratio | 1.22 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PT Semen's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PT Semen Indonesia Backtested Returns
PT Semen Indonesia retains Efficiency (Sharpe Ratio) of -0.16, which implies the firm had a -0.16% return per unit of price deviation over the last 3 months. PT Semen exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Semen's market risk adjusted performance of 1.23, and Information Ratio of (0.18) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.57, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PT Semen are expected to decrease at a much lower rate. During the bear market, PT Semen is likely to outperform the market. At this point, PT Semen Indonesia has a negative expected return of -0.71%. Please make sure to check PT Semen's risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if PT Semen Indonesia performance from the past will be repeated at some future date.
Auto-correlation | -92,233,720,368,547,760 |
Near perfect reversele predictability
PT Semen Indonesia has near perfect reversele predictability. Overlapping area represents the amount of predictability between PT Semen time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 PT Semen Indonesia price movement. The serial correlation of -9.223372036854776E16 indicates that 9.223372036854776E16% of current PT Semen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -92233.7 T | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Semen Indonesia lagged returns against current returns
Autocorrelation, which is PT Semen 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 PT Semen's pink sheet expected returns. We can calculate the autocorrelation of PT Semen returns to help us make a trade decision. For example, suppose you find that PT Semen 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 |
PT Semen 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 PT Semen pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Semen pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Semen pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PT Semen Lagged Returns
When evaluating PT Semen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Semen pink sheet have on its future price. PT Semen 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, PT Semen autocorrelation shows the relationship between PT Semen pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PT Semen Indonesia.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PSGTF Pink Sheet
PT Semen financial ratios help investors to determine whether PSGTF Pink Sheet 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 PSGTF with respect to the benefits of owning PT Semen security.