Indah Prakasa (Indonesia) Market Value
| INPS Stock | IDR 162.00 8.00 4.71% |
| Symbol | Indah |
Indah Prakasa '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 Indah Prakasa'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 Indah Prakasa.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Indah Prakasa on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Indah Prakasa Sentosa or generate 0.0% return on investment in Indah Prakasa over 30 days. Indah Prakasa is related to or competes with Dwi Guna, Borneo Olah, Gihon Telekomunikasi, Sumber Energi, and Jaya Trishindo. PT Indah Prakasa Sentosa Tbk. engages in integrated logistics, transportation, distribution, and retail business in fuel... More
Indah Prakasa 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 Indah Prakasa'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 Indah Prakasa Sentosa upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.01 | |||
| Information Ratio | 0.0806 | |||
| Maximum Drawdown | 47.79 | |||
| Value At Risk | (7.10) | |||
| Potential Upside | 13.85 |
Indah Prakasa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indah Prakasa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indah Prakasa's standard deviation. In reality, there are many statistical measures that can use Indah Prakasa historical prices to predict the future Indah Prakasa's volatility.| Risk Adjusted Performance | 0.0762 | |||
| Jensen Alpha | 0.6817 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.1354 | |||
| Treynor Ratio | 0.7937 |
Indah Prakasa Sentosa Backtested Returns
Indah Prakasa appears to be very steady, given 3 months investment horizon. Indah Prakasa Sentosa holds Efficiency (Sharpe) Ratio of 0.0924, which attests that the entity had a 0.0924% return per unit of risk over the last 3 months. By evaluating Indah Prakasa's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please utilize Indah Prakasa's Downside Deviation of 5.01, market risk adjusted performance of 0.8037, and Risk Adjusted Performance of 0.0762 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Indah Prakasa holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.97, which attests to possible diversification benefits within a given portfolio. Indah Prakasa returns are very sensitive to returns on the market. As the market goes up or down, Indah Prakasa is expected to follow. Please check Indah Prakasa's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Indah Prakasa's current trending patterns will revert.
Auto-correlation | -0.23 |
Weak reverse predictability
Indah Prakasa Sentosa has weak reverse predictability. Overlapping area represents the amount of predictability between Indah Prakasa time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Indah Prakasa Sentosa price movement. The serial correlation of -0.23 indicates that over 23.0% of current Indah Prakasa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 77.14 |
Indah Prakasa Sentosa lagged returns against current returns
Autocorrelation, which is Indah Prakasa 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 Indah Prakasa's stock expected returns. We can calculate the autocorrelation of Indah Prakasa returns to help us make a trade decision. For example, suppose you find that Indah Prakasa 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 |
Indah Prakasa 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 Indah Prakasa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indah Prakasa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indah Prakasa stock over time.
Current vs Lagged Prices |
| Timeline |
Indah Prakasa Lagged Returns
When evaluating Indah Prakasa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indah Prakasa stock have on its future price. Indah Prakasa 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, Indah Prakasa autocorrelation shows the relationship between Indah Prakasa stock current value and its past values and can show if there is a momentum factor associated with investing in Indah Prakasa Sentosa.
Regressed Prices |
| Timeline |
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Indah Prakasa financial ratios help investors to determine whether Indah 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 Indah with respect to the benefits of owning Indah Prakasa security.