Pt Gudang Garam Stock Market Value
| GGNPF Stock | USD 1.14 0.00 0.00% |
| Symbol | GGNPF |
PT Gudang '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 PT Gudang's pink sheet 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 PT Gudang.
| 02/05/2023 |
| 12/26/2024 |
If you would invest 0.00 in PT Gudang on February 5, 2023 and sell it all today you would earn a total of 0.00 from holding PT Gudang Garam or generate 0.0% return on investment in PT Gudang over 690 days. PT Gudang is related to or competes with NiSource, Vodka Brands, Kenon Holdings, Safety Shot, Kinetik Holdings, Celsius Holdings, and Vita Coco. PT Gudang Garam Tbk produces and sells cigarettes in Indonesia and internationally More
PT Gudang 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 PT Gudang's pink sheet 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 PT Gudang Garam upside and downside potential and time the market with a certain degree of confidence.
PT Gudang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Gudang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Gudang's standard deviation. In reality, there are many statistical measures that can use PT Gudang historical prices to predict the future PT Gudang's volatility.PT Gudang Garam Backtested Returns
We have found three technical indicators for PT Gudang, which you can use to evaluate the volatility of the company. The company owns a Beta (Systematic Risk) of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and PT Gudang are completely uncorrelated.
Auto-correlation | -0.67 |
Very good reverse predictability
PT Gudang Garam has very good reverse predictability. Overlapping area represents the amount of predictability between PT Gudang time series from 5th of February 2023 to 16th of January 2024 and 16th of January 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 PT Gudang Garam price movement. The serial correlation of -0.67 indicates that around 67.0% of current PT Gudang price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
PT Gudang Garam lagged returns against current returns
Autocorrelation, which is PT Gudang pink sheet'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 PT Gudang's pink sheet expected returns. We can calculate the autocorrelation of PT Gudang returns to help us make a trade decision. For example, suppose you find that PT Gudang has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
PT Gudang 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 PT Gudang pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Gudang pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Gudang pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PT Gudang Lagged Returns
When evaluating PT Gudang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Gudang pink sheet have on its future price. PT Gudang 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, PT Gudang autocorrelation shows the relationship between PT Gudang pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PT Gudang Garam.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GGNPF Pink Sheet
PT Gudang financial ratios help investors to determine whether GGNPF Pink Sheet 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 GGNPF with respect to the benefits of owning PT Gudang security.