Ladangbaja Murni (Indonesia) Market Value
| LABA Stock | 342.00 2.00 0.59% |
| Symbol | Ladangbaja |
Ladangbaja 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 Ladangbaja 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 Ladangbaja Murni.
| 09/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in Ladangbaja Murni on September 16, 2024 and sell it all today you would earn a total of 0.00 from holding Ladangbaja Murni PT or generate 0.0% return on investment in Ladangbaja Murni over 90 days. Ladangbaja Murni is related to or competes with Alumindo Light, Duta Pertiwi, Berlina Tbk, and Asiaplast Industries. More
Ladangbaja 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 Ladangbaja 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 Ladangbaja Murni PT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 31.89 | |||
| Value At Risk | (9.40) | |||
| Potential Upside | 15.7 |
Ladangbaja Murni Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ladangbaja Murni's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ladangbaja Murni's standard deviation. In reality, there are many statistical measures that can use Ladangbaja Murni historical prices to predict the future Ladangbaja Murni's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.80) | |||
| Total Risk Alpha | (1.76) | |||
| Treynor Ratio | 1.06 |
Ladangbaja Murni Backtested Returns
Ladangbaja Murni has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Ladangbaja Murni exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Ladangbaja Murni's Risk Adjusted Performance of (0.08), mean deviation of 4.61, and Standard Deviation of 7.2 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.82, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ladangbaja Murni are expected to decrease at a much lower rate. During the bear market, Ladangbaja Murni is likely to outperform the market. At this point, Ladangbaja Murni has a negative expected return of -0.84%. Please make sure to verify Ladangbaja Murni's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Ladangbaja Murni performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.59 |
Modest predictability
Ladangbaja Murni PT has modest predictability. Overlapping area represents the amount of predictability between Ladangbaja Murni time series from 16th of September 2024 to 31st of October 2024 and 31st of October 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 Ladangbaja Murni price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Ladangbaja Murni price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 1166.19 |
Ladangbaja Murni lagged returns against current returns
Autocorrelation, which is Ladangbaja 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 Ladangbaja Murni's stock expected returns. We can calculate the autocorrelation of Ladangbaja Murni returns to help us make a trade decision. For example, suppose you find that Ladangbaja 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 |
Ladangbaja 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 Ladangbaja Murni stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ladangbaja Murni stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ladangbaja Murni stock over time.
Current vs Lagged Prices |
| Timeline |
Ladangbaja Murni Lagged Returns
When evaluating Ladangbaja Murni's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ladangbaja Murni stock have on its future price. Ladangbaja 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, Ladangbaja Murni autocorrelation shows the relationship between Ladangbaja Murni stock current value and its past values and can show if there is a momentum factor associated with investing in Ladangbaja Murni PT.
Regressed Prices |
| Timeline |
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Ladangbaja Murni financial ratios help investors to determine whether Ladangbaja 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 Ladangbaja with respect to the benefits of owning Ladangbaja Murni security.