Asuransi Jiwa (Indonesia) Market Value
| JMAS Stock | IDR 152.00 3.00 1.94% |
| Symbol | Asuransi |
Asuransi Jiwa '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 Asuransi Jiwa'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 Asuransi Jiwa.
| 05/23/2023 |
| 12/13/2024 |
If you would invest 0.00 in Asuransi Jiwa on May 23, 2023 and sell it all today you would earn a total of 0.00 from holding Asuransi Jiwa Syariah or generate 0.0% return on investment in Asuransi Jiwa over 570 days. Asuransi Jiwa is related to or competes with Paninvest Tbk, Maskapai Reasuransi, Panin Sekuritas, Wahana Ottomitra, and Lenox Pasifik. PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk operates as a sharia life insurance company in Indonesia More
Asuransi Jiwa 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 Asuransi Jiwa'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 Asuransi Jiwa Syariah upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.82 | |||
| Information Ratio | 0.0569 | |||
| Maximum Drawdown | 37.28 | |||
| Value At Risk | (8.67) | |||
| Potential Upside | 12.15 |
Asuransi Jiwa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asuransi Jiwa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asuransi Jiwa's standard deviation. In reality, there are many statistical measures that can use Asuransi Jiwa historical prices to predict the future Asuransi Jiwa's volatility.| Risk Adjusted Performance | 0.0626 | |||
| Jensen Alpha | 0.5446 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0776 | |||
| Treynor Ratio | (0.70) |
Asuransi Jiwa Syariah Backtested Returns
Asuransi Jiwa appears to be very steady, given 3 months investment horizon. Asuransi Jiwa Syariah secures Sharpe Ratio (or Efficiency) of 0.0867, which signifies that the company had a 0.0867% return per unit of risk over the last 3 months. By analyzing Asuransi Jiwa's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please makes use of Asuransi Jiwa's Mean Deviation of 4.66, risk adjusted performance of 0.0626, and Downside Deviation of 4.82 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Asuransi Jiwa holds a performance score of 6. The firm shows a Beta (market volatility) of -0.68, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Asuransi Jiwa are expected to decrease at a much lower rate. During the bear market, Asuransi Jiwa is likely to outperform the market. Please check Asuransi Jiwa's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Asuransi Jiwa's price patterns will revert.
Auto-correlation | -0.1 |
Very weak reverse predictability
Asuransi Jiwa Syariah has very weak reverse predictability. Overlapping area represents the amount of predictability between Asuransi Jiwa time series from 23rd of May 2023 to 3rd of March 2024 and 3rd of March 2024 to 13th 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 Asuransi Jiwa Syariah price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Asuransi Jiwa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 1800.47 |
Asuransi Jiwa Syariah lagged returns against current returns
Autocorrelation, which is Asuransi Jiwa 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 Asuransi Jiwa's stock expected returns. We can calculate the autocorrelation of Asuransi Jiwa returns to help us make a trade decision. For example, suppose you find that Asuransi Jiwa 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 |
Asuransi Jiwa 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 Asuransi Jiwa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asuransi Jiwa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asuransi Jiwa stock over time.
Current vs Lagged Prices |
| Timeline |
Asuransi Jiwa Lagged Returns
When evaluating Asuransi Jiwa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asuransi Jiwa stock have on its future price. Asuransi Jiwa 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, Asuransi Jiwa autocorrelation shows the relationship between Asuransi Jiwa stock current value and its past values and can show if there is a momentum factor associated with investing in Asuransi Jiwa Syariah.
Regressed Prices |
| Timeline |
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Asuransi Jiwa financial ratios help investors to determine whether Asuransi 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 Asuransi with respect to the benefits of owning Asuransi Jiwa security.