Indointernet Tbk (Indonesia) Market Value
| EDGE Stock | IDR 3,810 150.00 3.79% |
| Symbol | Indointernet |
Indointernet Tbk '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 Indointernet Tbk'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 Indointernet Tbk.
| 10/10/2023 |
| 12/03/2024 |
If you would invest 0.00 in Indointernet Tbk on October 10, 2023 and sell it all today you would earn a total of 0.00 from holding Indointernet Tbk PT or generate 0.0% return on investment in Indointernet Tbk over 420 days. Indointernet Tbk is related to or competes with Multipolar Technology, Indosterling Technomedia, and Envy Technologies. PT Indointernet Tbk. provides information and communication technology services and solutions in Indonesia More
Indointernet Tbk 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 Indointernet Tbk'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 Indointernet Tbk PT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.99 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 32.5 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 4.84 |
Indointernet Tbk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indointernet Tbk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indointernet Tbk's standard deviation. In reality, there are many statistical measures that can use Indointernet Tbk historical prices to predict the future Indointernet Tbk's volatility.| Risk Adjusted Performance | 0.0122 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0203 |
Indointernet Tbk Backtested Returns
As of now, Indointernet Stock is very steady. Indointernet Tbk holds Efficiency (Sharpe) Ratio of 0.0119, which attests that the entity had a 0.0119% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Indointernet Tbk, which you can use to evaluate the volatility of the firm. Please check out Indointernet Tbk's Market Risk Adjusted Performance of 0.0303, downside deviation of 1.99, and Risk Adjusted Performance of 0.0122 to validate if the risk estimate we provide is consistent with the expected return of 0.0461%. The company retains a Market Volatility (i.e., Beta) of 0.54, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Indointernet Tbk's returns are expected to increase less than the market. However, during the bear market, the loss of holding Indointernet Tbk is expected to be smaller as well. Indointernet Tbk right now retains a risk of 3.87%. Please check out Indointernet Tbk mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Indointernet Tbk will be following its current trending patterns.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Indointernet Tbk PT has insignificant reverse predictability. Overlapping area represents the amount of predictability between Indointernet Tbk time series from 10th of October 2023 to 7th of May 2024 and 7th of May 2024 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 Indointernet Tbk price movement. The serial correlation of -0.17 indicates that over 17.0% of current Indointernet Tbk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 63.6 K |
Indointernet Tbk lagged returns against current returns
Autocorrelation, which is Indointernet Tbk 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 Indointernet Tbk's stock expected returns. We can calculate the autocorrelation of Indointernet Tbk returns to help us make a trade decision. For example, suppose you find that Indointernet Tbk 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 |
Indointernet Tbk 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 Indointernet Tbk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indointernet Tbk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indointernet Tbk stock over time.
Current vs Lagged Prices |
| Timeline |
Indointernet Tbk Lagged Returns
When evaluating Indointernet Tbk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indointernet Tbk stock have on its future price. Indointernet Tbk 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, Indointernet Tbk autocorrelation shows the relationship between Indointernet Tbk stock current value and its past values and can show if there is a momentum factor associated with investing in Indointernet Tbk PT.
Regressed Prices |
| Timeline |
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Indointernet Tbk financial ratios help investors to determine whether Indointernet 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 Indointernet with respect to the benefits of owning Indointernet Tbk security.