Fks Multi (Indonesia) Market Value
| FISH Stock | IDR 10,650 50.00 0.47% |
| Symbol | Fks |
Fks Multi '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 Fks Multi'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 Fks Multi.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in Fks Multi on December 30, 2022 and sell it all today you would earn a total of 0.00 from holding Fks Multi Agro or generate 0.0% return on investment in Fks Multi over 720 days. Fks Multi is related to or competes with Austindo Nusantara, Garudafood Putra, Dharma Satya, and Sawit Sumbermas. PT FKS Multi Agro Tbk, together with its subsidiaries, manufactures, distributes, and trades in food and feed ingredient... More
Fks Multi 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 Fks Multi'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 Fks Multi Agro upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.81 | |||
| Information Ratio | 0.1515 | |||
| Maximum Drawdown | 16.88 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 7.27 |
Fks Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fks Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fks Multi's standard deviation. In reality, there are many statistical measures that can use Fks Multi historical prices to predict the future Fks Multi's volatility.| Risk Adjusted Performance | 0.1354 | |||
| Jensen Alpha | 0.4856 | |||
| Total Risk Alpha | 0.4051 | |||
| Sortino Ratio | 0.1631 | |||
| Treynor Ratio | (1.20) |
Fks Multi Agro Backtested Returns
Fks Multi appears to be very steady, given 3 months investment horizon. Fks Multi Agro secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. By reviewing Fks Multi's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Fks Multi's Downside Deviation of 2.81, mean deviation of 1.79, and Coefficient Of Variation of 620.64 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fks Multi holds a performance score of 12. The firm shows a Beta (market volatility) of -0.4, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fks Multi are expected to decrease at a much lower rate. During the bear market, Fks Multi is likely to outperform the market. Please check Fks Multi's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Fks Multi's price patterns will revert.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
Fks Multi Agro has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Fks Multi time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th 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 Fks Multi Agro price movement. The serial correlation of -0.8 indicates that around 80.0% of current Fks Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 5.1 M |
Fks Multi Agro lagged returns against current returns
Autocorrelation, which is Fks Multi 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 Fks Multi's stock expected returns. We can calculate the autocorrelation of Fks Multi returns to help us make a trade decision. For example, suppose you find that Fks Multi 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 |
Fks Multi 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 Fks Multi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fks Multi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fks Multi stock over time.
Current vs Lagged Prices |
| Timeline |
Fks Multi Lagged Returns
When evaluating Fks Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fks Multi stock have on its future price. Fks Multi 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, Fks Multi autocorrelation shows the relationship between Fks Multi stock current value and its past values and can show if there is a momentum factor associated with investing in Fks Multi Agro.
Regressed Prices |
| Timeline |
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Fks Multi financial ratios help investors to determine whether Fks 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 Fks with respect to the benefits of owning Fks Multi security.