Integra Indocabinet (Indonesia) Market Value
| WOOD Stock | IDR 294.00 2.00 0.68% |
| Symbol | Integra |
Integra Indocabinet '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 Integra Indocabinet'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 Integra Indocabinet.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Integra Indocabinet on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Integra Indocabinet Tbk or generate 0.0% return on investment in Integra Indocabinet over 30 days. Integra Indocabinet is related to or competes with Buyung Poetra, Erajaya Swasembada, Sariguna Primatirta, Puradelta Lestari, and Wijaya Karya. More
Integra Indocabinet 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 Integra Indocabinet'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 Integra Indocabinet Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.07 | |||
| Information Ratio | 0.0624 | |||
| Maximum Drawdown | 23.44 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 4.49 |
Integra Indocabinet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Integra Indocabinet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Integra Indocabinet's standard deviation. In reality, there are many statistical measures that can use Integra Indocabinet historical prices to predict the future Integra Indocabinet's volatility.| Risk Adjusted Performance | 0.087 | |||
| Jensen Alpha | 0.3317 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0958 | |||
| Treynor Ratio | (3.09) |
Integra Indocabinet Tbk Backtested Returns
Integra Indocabinet appears to be very steady, given 3 months investment horizon. Integra Indocabinet Tbk holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Integra Indocabinet Tbk, which you can use to evaluate the volatility of the firm. Please utilize Integra Indocabinet's Market Risk Adjusted Performance of (3.08), risk adjusted performance of 0.087, and Downside Deviation of 2.07 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Integra Indocabinet holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Integra Indocabinet are expected to decrease at a much lower rate. During the bear market, Integra Indocabinet is likely to outperform the market. Please check Integra Indocabinet's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Integra Indocabinet's current trending patterns will revert.
Auto-correlation | 0.28 |
Poor predictability
Integra Indocabinet Tbk has poor predictability. Overlapping area represents the amount of predictability between Integra Indocabinet time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Integra Indocabinet Tbk price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Integra Indocabinet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 17.64 |
Integra Indocabinet Tbk lagged returns against current returns
Autocorrelation, which is Integra Indocabinet 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 Integra Indocabinet's stock expected returns. We can calculate the autocorrelation of Integra Indocabinet returns to help us make a trade decision. For example, suppose you find that Integra Indocabinet 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 |
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Integra Indocabinet 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 Integra Indocabinet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Integra Indocabinet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Integra Indocabinet stock over time.
Current vs Lagged Prices |
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Integra Indocabinet Lagged Returns
When evaluating Integra Indocabinet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Integra Indocabinet stock have on its future price. Integra Indocabinet 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, Integra Indocabinet autocorrelation shows the relationship between Integra Indocabinet stock current value and its past values and can show if there is a momentum factor associated with investing in Integra Indocabinet Tbk.
Regressed Prices |
| Timeline |
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Integra Indocabinet financial ratios help investors to determine whether Integra 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 Integra with respect to the benefits of owning Integra Indocabinet security.