Telkom Indonesia (Germany) Market Value
| TCID Stock | EUR 0.15 0.01 6.25% |
| Symbol | Telkom |
Telkom Indonesia '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 Telkom Indonesia'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 Telkom Indonesia.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Telkom Indonesia on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Telkom Indonesia Tbk or generate 0.0% return on investment in Telkom Indonesia over 30 days. Telkom Indonesia is related to or competes with Bank of America, ATT, ATT, Deutsche Telekom, and Nippon Telegraph. Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk provides telecommunications, information, and media and edutainment... More
Telkom Indonesia 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 Telkom Indonesia'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 Telkom Indonesia Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.6 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 28.29 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 11.76 |
Telkom Indonesia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telkom Indonesia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telkom Indonesia's standard deviation. In reality, there are many statistical measures that can use Telkom Indonesia historical prices to predict the future Telkom Indonesia's volatility.| Risk Adjusted Performance | 0.0165 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.82) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0342 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Telkom Indonesia's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Telkom Indonesia Tbk Backtested Returns
Telkom Indonesia Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0254, which indicates the firm had a -0.0254% return per unit of risk over the last 3 months. Telkom Indonesia Tbk exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Telkom Indonesia's Semi Deviation of 4.53, coefficient of variation of 9733.86, and Risk Adjusted Performance of 0.0165 to confirm the risk estimate we provide. The entity has a beta of 1.37, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Telkom Indonesia will likely underperform. At this point, Telkom Indonesia Tbk has a negative expected return of -0.14%. Please make sure to validate Telkom Indonesia's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Telkom Indonesia Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Telkom Indonesia Tbk has very weak predictability. Overlapping area represents the amount of predictability between Telkom Indonesia time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 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 Telkom Indonesia Tbk price movement. The serial correlation of 0.19 indicates that over 19.0% of current Telkom Indonesia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Telkom Indonesia Tbk lagged returns against current returns
Autocorrelation, which is Telkom Indonesia 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 Telkom Indonesia's stock expected returns. We can calculate the autocorrelation of Telkom Indonesia returns to help us make a trade decision. For example, suppose you find that Telkom Indonesia 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 |
Telkom Indonesia 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 Telkom Indonesia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telkom Indonesia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telkom Indonesia stock over time.
Current vs Lagged Prices |
| Timeline |
Telkom Indonesia Lagged Returns
When evaluating Telkom Indonesia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telkom Indonesia stock have on its future price. Telkom Indonesia 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, Telkom Indonesia autocorrelation shows the relationship between Telkom Indonesia stock current value and its past values and can show if there is a momentum factor associated with investing in Telkom Indonesia Tbk.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Telkom Stock
When determining whether Telkom Indonesia Tbk is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Telkom Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Telkom Indonesia Tbk Stock. Highlighted below are key reports to facilitate an investment decision about Telkom Indonesia Tbk Stock:Check out Telkom Indonesia Correlation, Telkom Indonesia Volatility and Telkom Indonesia Alpha and Beta module to complement your research on Telkom Indonesia. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Telkom Indonesia technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.