Pioneerindo Gourmet (Indonesia) Market Value
| PTSP Stock | IDR 930.00 30.00 3.33% |
| Symbol | Pioneerindo |
Pioneerindo Gourmet '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 Pioneerindo Gourmet'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 Pioneerindo Gourmet.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Pioneerindo Gourmet on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Pioneerindo Gourmet International or generate 0.0% return on investment in Pioneerindo Gourmet over 720 days. Pioneerindo Gourmet is related to or competes with PT Dewi, Bangun Karya, Gaya Abadi, Habco Trans, and PT Cilacap. PT Pioneerindo Gourmet International Tbk, together with its subsidiaries, operates restaurants in Indonesia More
Pioneerindo Gourmet 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 Pioneerindo Gourmet'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 Pioneerindo Gourmet International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 22.01 | |||
| Value At Risk | (6.35) | |||
| Potential Upside | 5.53 |
Pioneerindo Gourmet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneerindo Gourmet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneerindo Gourmet's standard deviation. In reality, there are many statistical measures that can use Pioneerindo Gourmet historical prices to predict the future Pioneerindo Gourmet's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | (1.41) |
Pioneerindo Gourmet Backtested Returns
Pioneerindo Gourmet maintains Sharpe Ratio (i.e., Efficiency) of -0.0126, which implies the firm had a -0.0126% return per unit of risk over the last 3 months. Pioneerindo Gourmet exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pioneerindo Gourmet's Risk Adjusted Performance of (0.03), variance of 13.93, and Coefficient Of Variation of (2,245) to confirm the risk estimate we provide. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pioneerindo Gourmet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pioneerindo Gourmet is expected to be smaller as well. At this point, Pioneerindo Gourmet has a negative expected return of -0.0473%. Please make sure to check Pioneerindo Gourmet's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Pioneerindo Gourmet performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
Pioneerindo Gourmet International has good predictability. Overlapping area represents the amount of predictability between Pioneerindo Gourmet time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Pioneerindo Gourmet price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Pioneerindo Gourmet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 708.2 K |
Pioneerindo Gourmet lagged returns against current returns
Autocorrelation, which is Pioneerindo Gourmet 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 Pioneerindo Gourmet's stock expected returns. We can calculate the autocorrelation of Pioneerindo Gourmet returns to help us make a trade decision. For example, suppose you find that Pioneerindo Gourmet 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 |
Pioneerindo Gourmet 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 Pioneerindo Gourmet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pioneerindo Gourmet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pioneerindo Gourmet stock over time.
Current vs Lagged Prices |
| Timeline |
Pioneerindo Gourmet Lagged Returns
When evaluating Pioneerindo Gourmet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pioneerindo Gourmet stock have on its future price. Pioneerindo Gourmet 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, Pioneerindo Gourmet autocorrelation shows the relationship between Pioneerindo Gourmet stock current value and its past values and can show if there is a momentum factor associated with investing in Pioneerindo Gourmet International.
Regressed Prices |
| Timeline |
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Pioneerindo Gourmet financial ratios help investors to determine whether Pioneerindo 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 Pioneerindo with respect to the benefits of owning Pioneerindo Gourmet security.