Pelita Samudera (Indonesia) Market Value
| PSSI Stock | IDR 386.00 6.00 1.53% |
| Symbol | Pelita |
Pelita Samudera '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 Pelita Samudera'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 Pelita Samudera.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Pelita Samudera on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Pelita Samudera Shipping or generate 0.0% return on investment in Pelita Samudera over 30 days. Pelita Samudera is related to or competes with Samudera Indonesia, Pelayaran Nelly, Buana Listya, Mitrabahtera Segara, and Trans Power. More
Pelita Samudera 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 Pelita Samudera'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 Pelita Samudera Shipping upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.53 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.59 |
Pelita Samudera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pelita Samudera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pelita Samudera's standard deviation. In reality, there are many statistical measures that can use Pelita Samudera historical prices to predict the future Pelita Samudera's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.9732 |
Pelita Samudera Shipping Backtested Returns
Pelita Samudera Shipping maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13 % return per unit of risk over the last 3 months. Pelita Samudera Shipping exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pelita Samudera's Risk Adjusted Performance of (0.1), variance of 1.09, and Coefficient Of Variation of (726.97) to confirm the risk estimate we provide. The company holds a Beta of -0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pelita Samudera are expected to decrease at a much lower rate. During the bear market, Pelita Samudera is likely to outperform the market. At this point, Pelita Samudera Shipping has a negative expected return of -0.14%. Please make sure to check Pelita Samudera's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Pelita Samudera Shipping performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Pelita Samudera Shipping has very good reverse predictability. Overlapping area represents the amount of predictability between Pelita Samudera time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th 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 Pelita Samudera Shipping price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Pelita Samudera price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 26.4 |
Pelita Samudera Shipping lagged returns against current returns
Autocorrelation, which is Pelita Samudera 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 Pelita Samudera's stock expected returns. We can calculate the autocorrelation of Pelita Samudera returns to help us make a trade decision. For example, suppose you find that Pelita Samudera 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 |
Pelita Samudera 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 Pelita Samudera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pelita Samudera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pelita Samudera stock over time.
Current vs Lagged Prices |
| Timeline |
Pelita Samudera Lagged Returns
When evaluating Pelita Samudera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pelita Samudera stock have on its future price. Pelita Samudera 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, Pelita Samudera autocorrelation shows the relationship between Pelita Samudera stock current value and its past values and can show if there is a momentum factor associated with investing in Pelita Samudera Shipping.
Regressed Prices |
| Timeline |
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Pelita Samudera financial ratios help investors to determine whether Pelita 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 Pelita with respect to the benefits of owning Pelita Samudera security.