PT Lovina (Indonesia) Market Value
| STRK Stock | 50.00 0.00 0.00% |
| Symbol | STRK |
PT Lovina '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 Lovina'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 PT Lovina.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in PT Lovina on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding PT Lovina Beach or generate 0.0% return on investment in PT Lovina over 270 days.
PT Lovina 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 Lovina'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 PT Lovina Beach upside and downside potential and time the market with a certain degree of confidence.
PT Lovina Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Lovina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Lovina's standard deviation. In reality, there are many statistical measures that can use PT Lovina historical prices to predict the future PT Lovina's volatility.PT Lovina Beach Backtested Returns
We have found three technical indicators for PT Lovina, which you can use to evaluate the volatility of the company. The company owns a Beta (Systematic Risk) of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and PT Lovina are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
PT Lovina Beach has no correlation between past and present. Overlapping area represents the amount of predictability between PT Lovina time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 PT Lovina Beach price movement. The serial correlation of 0.0 indicates that just 0.0% of current PT Lovina price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Lovina Beach lagged returns against current returns
Autocorrelation, which is PT Lovina 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 PT Lovina's stock expected returns. We can calculate the autocorrelation of PT Lovina returns to help us make a trade decision. For example, suppose you find that PT Lovina 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 |
PT Lovina 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 Lovina stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Lovina stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Lovina stock over time.
Current vs Lagged Prices |
| Timeline |
PT Lovina Lagged Returns
When evaluating PT Lovina's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Lovina stock have on its future price. PT Lovina 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 Lovina autocorrelation shows the relationship between PT Lovina stock current value and its past values and can show if there is a momentum factor associated with investing in PT Lovina Beach.
Regressed Prices |
| Timeline |
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