Ramayana Lestari (Indonesia) Market Value
| RALS Stock | IDR 374.00 8.00 2.19% |
| Symbol | Ramayana |
Ramayana Lestari '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 Ramayana Lestari'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 Ramayana Lestari.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ramayana Lestari on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Ramayana Lestari Sentosa or generate 0.0% return on investment in Ramayana Lestari over 180 days. Ramayana Lestari is related to or competes with Mitra Adiperkasa, Matahari Putra, Summarecon Agung, Ciputra Development, and Perusahaan Perkebunan. PT Ramayana Lestari Sentosa Tbk operates department stores in Indonesia More
Ramayana Lestari 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 Ramayana Lestari'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 Ramayana Lestari Sentosa upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 4.53 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 2.01 |
Ramayana Lestari Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ramayana Lestari's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ramayana Lestari's standard deviation. In reality, there are many statistical measures that can use Ramayana Lestari historical prices to predict the future Ramayana Lestari's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.65) |
Ramayana Lestari Sentosa Backtested Returns
Ramayana Lestari Sentosa maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Ramayana Lestari Sentosa exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ramayana Lestari's Variance of 0.8401, coefficient of variation of (612.21), and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide. The company holds a Beta of 0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ramayana Lestari's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ramayana Lestari is expected to be smaller as well. At this point, Ramayana Lestari Sentosa has a negative expected return of -0.14%. Please make sure to check Ramayana Lestari's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Ramayana Lestari Sentosa performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Ramayana Lestari Sentosa has below average predictability. Overlapping area represents the amount of predictability between Ramayana Lestari time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 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 Ramayana Lestari Sentosa price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Ramayana Lestari price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 152.22 |
Ramayana Lestari Sentosa lagged returns against current returns
Autocorrelation, which is Ramayana Lestari 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 Ramayana Lestari's stock expected returns. We can calculate the autocorrelation of Ramayana Lestari returns to help us make a trade decision. For example, suppose you find that Ramayana Lestari 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 |
Ramayana Lestari 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 Ramayana Lestari stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ramayana Lestari stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ramayana Lestari stock over time.
Current vs Lagged Prices |
| Timeline |
Ramayana Lestari Lagged Returns
When evaluating Ramayana Lestari's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ramayana Lestari stock have on its future price. Ramayana Lestari 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, Ramayana Lestari autocorrelation shows the relationship between Ramayana Lestari stock current value and its past values and can show if there is a momentum factor associated with investing in Ramayana Lestari Sentosa.
Regressed Prices |
| Timeline |
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Ramayana Lestari financial ratios help investors to determine whether Ramayana 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 Ramayana with respect to the benefits of owning Ramayana Lestari security.