Arkha Jayanti (Indonesia) Market Value
| ARKA Stock | IDR 29.00 3.00 9.37% |
| Symbol | Arkha |
Arkha Jayanti '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 Arkha Jayanti'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 Arkha Jayanti.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Arkha Jayanti on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Arkha Jayanti Persada or generate 0.0% return on investment in Arkha Jayanti over 30 days. Arkha Jayanti is related to or competes with Berkah Prima, Jasnita Telekomindo, Darmi Bersaudara, Agro Yasa, and Communication Cable. PT Arkha Jayanti Persada Tbk provides solutions for parts and components More
Arkha Jayanti 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 Arkha Jayanti'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 Arkha Jayanti Persada upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.61 | |||
| Information Ratio | 0.1668 | |||
| Maximum Drawdown | 19.52 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 9.09 |
Arkha Jayanti Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arkha Jayanti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arkha Jayanti's standard deviation. In reality, there are many statistical measures that can use Arkha Jayanti historical prices to predict the future Arkha Jayanti's volatility.| Risk Adjusted Performance | 0.1484 | |||
| Jensen Alpha | 0.9903 | |||
| Total Risk Alpha | 0.7121 | |||
| Sortino Ratio | 0.1204 | |||
| Treynor Ratio | (0.83) |
Arkha Jayanti Persada Backtested Returns
Arkha Jayanti is somewhat reliable given 3 months investment horizon. Arkha Jayanti Persada secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. We were able to collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.2% are justified by taking the suggested risk. Use Arkha Jayanti Mean Deviation of 4.35, risk adjusted performance of 0.1484, and Downside Deviation of 7.61 to evaluate company specific risk that cannot be diversified away. Arkha Jayanti holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.14, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Arkha Jayanti are expected to decrease slowly. On the other hand, during market turmoil, Arkha Jayanti is expected to outperform it slightly. Use Arkha Jayanti downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Arkha Jayanti.
Auto-correlation | 0.97 |
Excellent predictability
Arkha Jayanti Persada has excellent predictability. Overlapping area represents the amount of predictability between Arkha Jayanti time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Arkha Jayanti Persada price movement. The serial correlation of 0.97 indicates that 97.0% of current Arkha Jayanti price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.97 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 17.06 |
Arkha Jayanti Persada lagged returns against current returns
Autocorrelation, which is Arkha Jayanti 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 Arkha Jayanti's stock expected returns. We can calculate the autocorrelation of Arkha Jayanti returns to help us make a trade decision. For example, suppose you find that Arkha Jayanti 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 |
Arkha Jayanti 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 Arkha Jayanti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arkha Jayanti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arkha Jayanti stock over time.
Current vs Lagged Prices |
| Timeline |
Arkha Jayanti Lagged Returns
When evaluating Arkha Jayanti's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arkha Jayanti stock have on its future price. Arkha Jayanti 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, Arkha Jayanti autocorrelation shows the relationship between Arkha Jayanti stock current value and its past values and can show if there is a momentum factor associated with investing in Arkha Jayanti Persada.
Regressed Prices |
| Timeline |
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Arkha Jayanti financial ratios help investors to determine whether Arkha 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 Arkha with respect to the benefits of owning Arkha Jayanti security.