Indomobil Sukses (Indonesia) Market Value
| IMAS Stock | IDR 990.00 15.00 1.49% |
| Symbol | Indomobil |
Indomobil Sukses '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 Indomobil Sukses' 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 Indomobil Sukses.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Indomobil Sukses on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Indomobil Sukses Internasional or generate 0.0% return on investment in Indomobil Sukses over 30 days. Indomobil Sukses is related to or competes with Pembangunan Graha, Pembangunan Jaya, Hotel Sahid, Mitrabara Adiperdana, Bank Ina, Mitrabahtera Segara, and Putra Mandiri. PT Indomobil Sukses Internasional Tbk engages in the integrated automotive business in Indonesia More
Indomobil Sukses 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 Indomobil Sukses' 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 Indomobil Sukses Internasional upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 12.02 | |||
| Value At Risk | (3.29) | |||
| Potential Upside | 1.57 |
Indomobil Sukses Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indomobil Sukses' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indomobil Sukses' standard deviation. In reality, there are many statistical measures that can use Indomobil Sukses historical prices to predict the future Indomobil Sukses' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | 0.4535 |
Indomobil Sukses Int Backtested Returns
Indomobil Sukses Int holds Efficiency (Sharpe) Ratio of -0.22, which attests that the entity had a -0.22% return per unit of risk over the last 3 months. Indomobil Sukses Int exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indomobil Sukses' Risk Adjusted Performance of (0.15), standard deviation of 1.94, and Market Risk Adjusted Performance of 0.4635 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.94, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Indomobil Sukses are expected to decrease slowly. On the other hand, during market turmoil, Indomobil Sukses is expected to outperform it slightly. At this point, Indomobil Sukses Int has a negative expected return of -0.44%. Please make sure to check out Indomobil Sukses' coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Indomobil Sukses Int performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Indomobil Sukses Internasional has insignificant reverse predictability. Overlapping area represents the amount of predictability between Indomobil Sukses time series from 12th of November 2024 to 27th of November 2024 and 27th of November 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 Indomobil Sukses Int price movement. The serial correlation of -0.19 indicates that over 19.0% of current Indomobil Sukses price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 206.25 |
Indomobil Sukses Int lagged returns against current returns
Autocorrelation, which is Indomobil Sukses 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 Indomobil Sukses' stock expected returns. We can calculate the autocorrelation of Indomobil Sukses returns to help us make a trade decision. For example, suppose you find that Indomobil Sukses 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 |
Indomobil Sukses 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 Indomobil Sukses stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indomobil Sukses stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indomobil Sukses stock over time.
Current vs Lagged Prices |
| Timeline |
Indomobil Sukses Lagged Returns
When evaluating Indomobil Sukses' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indomobil Sukses stock have on its future price. Indomobil Sukses 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, Indomobil Sukses autocorrelation shows the relationship between Indomobil Sukses stock current value and its past values and can show if there is a momentum factor associated with investing in Indomobil Sukses Internasional.
Regressed Prices |
| Timeline |
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Indomobil Sukses financial ratios help investors to determine whether Indomobil 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 Indomobil with respect to the benefits of owning Indomobil Sukses security.