Langgeng Makmur (Indonesia) Market Value
| LMPI Stock | IDR 168.00 11.00 6.15% |
| Symbol | Langgeng |
Langgeng Makmur '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 Langgeng Makmur'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 Langgeng Makmur.
| 06/17/2024 |
| 12/14/2024 |
If you would invest 0.00 in Langgeng Makmur on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding Langgeng Makmur Industri or generate 0.0% return on investment in Langgeng Makmur over 180 days. Langgeng Makmur is related to or competes with Kedaung Indah, Kedawung Setia, Mustika Ratu, Pyridam Farma, and Prasidha Aneka. More
Langgeng Makmur 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 Langgeng Makmur'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 Langgeng Makmur Industri upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.18 | |||
| Information Ratio | 0.1449 | |||
| Maximum Drawdown | 46.18 | |||
| Value At Risk | (7.44) | |||
| Potential Upside | 34.41 |
Langgeng Makmur Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Langgeng Makmur's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Langgeng Makmur's standard deviation. In reality, there are many statistical measures that can use Langgeng Makmur historical prices to predict the future Langgeng Makmur's volatility.| Risk Adjusted Performance | 0.1218 | |||
| Jensen Alpha | 1.54 | |||
| Total Risk Alpha | 0.2924 | |||
| Sortino Ratio | 0.2738 | |||
| Treynor Ratio | (4.74) |
Langgeng Makmur Industri Backtested Returns
Langgeng Makmur is very steady given 3 months investment horizon. Langgeng Makmur Industri has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We were able to collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.59% are justified by taking the suggested risk. Use Langgeng Makmur Industri Mean Deviation of 5.66, downside deviation of 5.18, and Risk Adjusted Performance of 0.1218 to evaluate company specific risk that cannot be diversified away. Langgeng Makmur holds a performance score of 12 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Langgeng Makmur are expected to decrease at a much lower rate. During the bear market, Langgeng Makmur is likely to outperform the market. Use Langgeng Makmur Industri sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to analyze future returns on Langgeng Makmur Industri.
Auto-correlation | -0.64 |
Very good reverse predictability
Langgeng Makmur Industri has very good reverse predictability. Overlapping area represents the amount of predictability between Langgeng Makmur time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th 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 Langgeng Makmur Industri price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Langgeng Makmur price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 946.67 |
Langgeng Makmur Industri lagged returns against current returns
Autocorrelation, which is Langgeng Makmur 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 Langgeng Makmur's stock expected returns. We can calculate the autocorrelation of Langgeng Makmur returns to help us make a trade decision. For example, suppose you find that Langgeng Makmur 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 |
Langgeng Makmur 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 Langgeng Makmur stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Langgeng Makmur stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Langgeng Makmur stock over time.
Current vs Lagged Prices |
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Langgeng Makmur Lagged Returns
When evaluating Langgeng Makmur's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Langgeng Makmur stock have on its future price. Langgeng Makmur 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, Langgeng Makmur autocorrelation shows the relationship between Langgeng Makmur stock current value and its past values and can show if there is a momentum factor associated with investing in Langgeng Makmur Industri.
Regressed Prices |
| Timeline |
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Langgeng Makmur financial ratios help investors to determine whether Langgeng 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 Langgeng with respect to the benefits of owning Langgeng Makmur security.