Ifishdeco (Indonesia) Market Value
| IFSH Stock | IDR 840.00 65.00 8.39% |
| Symbol | Ifishdeco |
Ifishdeco '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 Ifishdeco'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 Ifishdeco.
| 09/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Ifishdeco on September 13, 2024 and sell it all today you would earn a total of 0.00 from holding Ifishdeco PT or generate 0.0% return on investment in Ifishdeco over 90 days. Ifishdeco is related to or competes with Merdeka Copper, Aneka Tambang, Bumi Resources, Cita Mineral, Timah Persero, Petrosea Tbk, and PAM Mineral. PT Ifishdeco Tbk engages in the exploration and development of nickel ore properties More
Ifishdeco 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 Ifishdeco'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 Ifishdeco PT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 17.03 | |||
| Value At Risk | (5.92) | |||
| Potential Upside | 6.39 |
Ifishdeco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ifishdeco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ifishdeco's standard deviation. In reality, there are many statistical measures that can use Ifishdeco historical prices to predict the future Ifishdeco's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.17) |
Ifishdeco PT Backtested Returns
Ifishdeco PT holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Ifishdeco PT exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ifishdeco's Standard Deviation of 3.46, market risk adjusted performance of (0.16), and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.87, which attests to possible diversification benefits within a given portfolio. Ifishdeco returns are very sensitive to returns on the market. As the market goes up or down, Ifishdeco is expected to follow. At this point, Ifishdeco PT has a negative expected return of -0.39%. Please make sure to check out Ifishdeco's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Ifishdeco PT performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Ifishdeco PT has modest predictability. Overlapping area represents the amount of predictability between Ifishdeco time series from 13th of September 2024 to 28th of October 2024 and 28th of October 2024 to 12th 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 Ifishdeco PT price movement. The serial correlation of 0.51 indicates that about 51.0% of current Ifishdeco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 852.24 |
Ifishdeco PT lagged returns against current returns
Autocorrelation, which is Ifishdeco 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 Ifishdeco's stock expected returns. We can calculate the autocorrelation of Ifishdeco returns to help us make a trade decision. For example, suppose you find that Ifishdeco 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 |
Ifishdeco 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 Ifishdeco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ifishdeco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ifishdeco stock over time.
Current vs Lagged Prices |
| Timeline |
Ifishdeco Lagged Returns
When evaluating Ifishdeco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ifishdeco stock have on its future price. Ifishdeco 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, Ifishdeco autocorrelation shows the relationship between Ifishdeco stock current value and its past values and can show if there is a momentum factor associated with investing in Ifishdeco PT.
Regressed Prices |
| Timeline |
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Ifishdeco financial ratios help investors to determine whether Ifishdeco 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 Ifishdeco with respect to the benefits of owning Ifishdeco security.