Repower Asia (Indonesia) Market Value
| REAL Stock | IDR 8.00 0.00 0.00% |
| Symbol | Repower |
Repower Asia '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 Repower Asia'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 Repower Asia.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Repower Asia on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Repower Asia Indonesia or generate 0.0% return on investment in Repower Asia over 690 days. Repower Asia is related to or competes with Prima Alloy, Trinitan Metals, Steel Pipe, Pacific Strategic, and Krakatau Steel. PT Repower Asia Indonesia Tbk engages in the real estate property business in Indonesia More
Repower Asia 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 Repower Asia'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 Repower Asia Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.63 | |||
| Information Ratio | 0.013 | |||
| Maximum Drawdown | 25.0 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 12.5 |
Repower Asia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Repower Asia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Repower Asia's standard deviation. In reality, there are many statistical measures that can use Repower Asia historical prices to predict the future Repower Asia's volatility.| Risk Adjusted Performance | 0.0334 | |||
| Jensen Alpha | 0.1384 | |||
| Total Risk Alpha | (0.79) | |||
| Sortino Ratio | 0.008 | |||
| Treynor Ratio | 0.3726 |
Repower Asia Indonesia Backtested Returns
Repower Asia Indonesia maintains Sharpe Ratio (i.e., Efficiency) of -0.0988, which implies the firm had a -0.0988% return per unit of risk over the last 3 months. Repower Asia Indonesia exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Repower Asia's Semi Deviation of 4.82, risk adjusted performance of 0.0334, and Coefficient Of Variation of 3114.2 to confirm the risk estimate we provide. The company holds a Beta of 0.54, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Repower Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Repower Asia is expected to be smaller as well. At this point, Repower Asia Indonesia has a negative expected return of -0.6%. Please make sure to check Repower Asia's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Repower Asia Indonesia performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Repower Asia Indonesia has very weak reverse predictability. Overlapping area represents the amount of predictability between Repower Asia time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Repower Asia Indonesia price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Repower Asia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 3.59 |
Repower Asia Indonesia lagged returns against current returns
Autocorrelation, which is Repower Asia 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 Repower Asia's stock expected returns. We can calculate the autocorrelation of Repower Asia returns to help us make a trade decision. For example, suppose you find that Repower Asia 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 |
Repower Asia 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 Repower Asia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Repower Asia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Repower Asia stock over time.
Current vs Lagged Prices |
| Timeline |
Repower Asia Lagged Returns
When evaluating Repower Asia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Repower Asia stock have on its future price. Repower Asia 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, Repower Asia autocorrelation shows the relationship between Repower Asia stock current value and its past values and can show if there is a momentum factor associated with investing in Repower Asia Indonesia.
Regressed Prices |
| Timeline |
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Repower Asia financial ratios help investors to determine whether Repower 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 Repower with respect to the benefits of owning Repower Asia security.