Akbar Indomakmur (Indonesia) Market Value
| AIMS Stock | IDR 446.00 4.00 0.90% |
| Symbol | Akbar |
Akbar Indomakmur '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 Akbar Indomakmur'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 Akbar Indomakmur.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Akbar Indomakmur on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Akbar Indomakmur Stimec or generate 0.0% return on investment in Akbar Indomakmur over 720 days. Akbar Indomakmur is related to or competes with Bayu Buana, Alakasa Industrindo, Mahaka Media, Arthavest Tbk, and Argha Karya. PT Akbar Indo Makmur Stimec Tbk engages in the coal mining and trading business in Indonesia More
Akbar Indomakmur 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 Akbar Indomakmur'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 Akbar Indomakmur Stimec upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 33.99 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 6.25 |
Akbar Indomakmur Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akbar Indomakmur's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akbar Indomakmur's standard deviation. In reality, there are many statistical measures that can use Akbar Indomakmur historical prices to predict the future Akbar Indomakmur's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.27) |
Akbar Indomakmur Stimec Backtested Returns
Akbar Indomakmur Stimec secures Sharpe Ratio (or Efficiency) of -0.0238, which signifies that the company had a -0.0238% return per unit of standard deviation over the last 3 months. Akbar Indomakmur Stimec exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Akbar Indomakmur's mean deviation of 2.21, and Risk Adjusted Performance of (0) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Akbar Indomakmur's returns are expected to increase less than the market. However, during the bear market, the loss of holding Akbar Indomakmur is expected to be smaller as well. At this point, Akbar Indomakmur Stimec has a negative expected return of -0.0962%. Please make sure to confirm Akbar Indomakmur's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Akbar Indomakmur Stimec performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Akbar Indomakmur Stimec has virtually no predictability. Overlapping area represents the amount of predictability between Akbar Indomakmur time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Akbar Indomakmur Stimec price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Akbar Indomakmur price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 34.1 K |
Akbar Indomakmur Stimec lagged returns against current returns
Autocorrelation, which is Akbar Indomakmur 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 Akbar Indomakmur's stock expected returns. We can calculate the autocorrelation of Akbar Indomakmur returns to help us make a trade decision. For example, suppose you find that Akbar Indomakmur 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 |
Akbar Indomakmur 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 Akbar Indomakmur stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akbar Indomakmur stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akbar Indomakmur stock over time.
Current vs Lagged Prices |
| Timeline |
Akbar Indomakmur Lagged Returns
When evaluating Akbar Indomakmur's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akbar Indomakmur stock have on its future price. Akbar Indomakmur 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, Akbar Indomakmur autocorrelation shows the relationship between Akbar Indomakmur stock current value and its past values and can show if there is a momentum factor associated with investing in Akbar Indomakmur Stimec.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Akbar Stock
Akbar Indomakmur financial ratios help investors to determine whether Akbar 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 Akbar with respect to the benefits of owning Akbar Indomakmur security.