Kabelindo Murni (Indonesia) Market Value
| KBLM Stock | IDR 296.00 4.00 1.33% |
| Symbol | Kabelindo |
Kabelindo Murni '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 Kabelindo Murni'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 Kabelindo Murni.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Kabelindo Murni on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Kabelindo Murni Tbk or generate 0.0% return on investment in Kabelindo Murni over 480 days. Kabelindo Murni is related to or competes with Kmi Wire, Jembo Cable, Sumi Indo, Voksel Electric, and Kedawung Setia. More
Kabelindo Murni 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 Kabelindo Murni'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 Kabelindo Murni Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.72 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 2.74 |
Kabelindo Murni Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kabelindo Murni's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kabelindo Murni's standard deviation. In reality, there are many statistical measures that can use Kabelindo Murni historical prices to predict the future Kabelindo Murni's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.8699 |
Kabelindo Murni Tbk Backtested Returns
Kabelindo Murni Tbk has Sharpe Ratio of -0.0882, which conveys that the firm had a -0.0882% return per unit of risk over the last 3 months. Kabelindo Murni exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kabelindo Murni's Risk Adjusted Performance of (0.05), standard deviation of 1.63, and Mean Deviation of 1.16 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kabelindo Murni are expected to decrease at a much lower rate. During the bear market, Kabelindo Murni is likely to outperform the market. At this point, Kabelindo Murni Tbk has a negative expected return of -0.14%. Please make sure to verify Kabelindo Murni's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Kabelindo Murni Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Kabelindo Murni Tbk has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Kabelindo Murni time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Kabelindo Murni Tbk price movement. The serial correlation of -0.73 indicates that around 73.0% of current Kabelindo Murni price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 1534.58 |
Kabelindo Murni Tbk lagged returns against current returns
Autocorrelation, which is Kabelindo Murni 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 Kabelindo Murni's stock expected returns. We can calculate the autocorrelation of Kabelindo Murni returns to help us make a trade decision. For example, suppose you find that Kabelindo Murni 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 |
Kabelindo Murni 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 Kabelindo Murni stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kabelindo Murni stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kabelindo Murni stock over time.
Current vs Lagged Prices |
| Timeline |
Kabelindo Murni Lagged Returns
When evaluating Kabelindo Murni's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kabelindo Murni stock have on its future price. Kabelindo Murni 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, Kabelindo Murni autocorrelation shows the relationship between Kabelindo Murni stock current value and its past values and can show if there is a momentum factor associated with investing in Kabelindo Murni Tbk.
Regressed Prices |
| Timeline |
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Kabelindo Murni financial ratios help investors to determine whether Kabelindo 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 Kabelindo with respect to the benefits of owning Kabelindo Murni security.