Capitol Nusantara (Indonesia) Market Value
| CANI Stock | IDR 49.00 0.00 0.00% |
| Symbol | Capitol |
Capitol Nusantara '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 Capitol Nusantara'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 Capitol Nusantara.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Capitol Nusantara on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Capitol Nusantara Indonesia or generate 0.0% return on investment in Capitol Nusantara over 30 days. Capitol Nusantara is related to or competes with Pelayaran Nasional, Buana Listya, Trans Power, and Indo Straits. More
Capitol Nusantara 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 Capitol Nusantara'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 Capitol Nusantara Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.58 | |||
| Information Ratio | 0.0186 | |||
| Maximum Drawdown | 19.52 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 8.7 |
Capitol Nusantara Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capitol Nusantara's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capitol Nusantara's standard deviation. In reality, there are many statistical measures that can use Capitol Nusantara historical prices to predict the future Capitol Nusantara's volatility.| Risk Adjusted Performance | 0.0399 | |||
| Jensen Alpha | 0.1425 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0112 | |||
| Treynor Ratio | 0.6882 |
Capitol Nusantara Backtested Returns
As of now, Capitol Stock is very steady. Capitol Nusantara secures Sharpe Ratio (or Efficiency) of 0.0453, which signifies that the company had a 0.0453% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Capitol Nusantara Indonesia, which you can use to evaluate the volatility of the firm. Please confirm Capitol Nusantara's Mean Deviation of 2.17, risk adjusted performance of 0.0399, and Downside Deviation of 6.58 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Capitol Nusantara has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Capitol Nusantara's returns are expected to increase less than the market. However, during the bear market, the loss of holding Capitol Nusantara is expected to be smaller as well. Capitol Nusantara right now shows a risk of 3.73%. Please confirm Capitol Nusantara total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Capitol Nusantara will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Capitol Nusantara Indonesia has no correlation between past and present. Overlapping area represents the amount of predictability between Capitol Nusantara time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Capitol Nusantara price movement. The serial correlation of 0.0 indicates that just 0.0% of current Capitol Nusantara price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Capitol Nusantara lagged returns against current returns
Autocorrelation, which is Capitol Nusantara 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 Capitol Nusantara's stock expected returns. We can calculate the autocorrelation of Capitol Nusantara returns to help us make a trade decision. For example, suppose you find that Capitol Nusantara 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 |
Capitol Nusantara 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 Capitol Nusantara stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capitol Nusantara stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capitol Nusantara stock over time.
Current vs Lagged Prices |
| Timeline |
Capitol Nusantara Lagged Returns
When evaluating Capitol Nusantara's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capitol Nusantara stock have on its future price. Capitol Nusantara 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, Capitol Nusantara autocorrelation shows the relationship between Capitol Nusantara stock current value and its past values and can show if there is a momentum factor associated with investing in Capitol Nusantara Indonesia.
Regressed Prices |
| Timeline |
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Capitol Nusantara financial ratios help investors to determine whether Capitol 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 Capitol with respect to the benefits of owning Capitol Nusantara security.