Nusantara Almazia (Indonesia) Market Value
| NZIA Stock | IDR 71.00 1.00 1.39% |
| Symbol | Nusantara |
Nusantara Almazia '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 Nusantara Almazia'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 Nusantara Almazia.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Nusantara Almazia on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Nusantara Almazia or generate 0.0% return on investment in Nusantara Almazia over 390 days. Nusantara Almazia is related to or competes with Perintis Triniti, Diamond Citra, Karya Bersama, Pratama Widya, and Era Mandiri. PT Nusantara Almazia, Tbk. engages in the property development business in Indonesia More
Nusantara Almazia 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 Nusantara Almazia'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 Nusantara Almazia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 56.23 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 2.78 |
Nusantara Almazia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nusantara Almazia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nusantara Almazia's standard deviation. In reality, there are many statistical measures that can use Nusantara Almazia historical prices to predict the future Nusantara Almazia's volatility.| Risk Adjusted Performance | 0.0016 | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.98) | |||
| Treynor Ratio | (0.04) |
Nusantara Almazia Backtested Returns
Nusantara Almazia has Sharpe Ratio of -0.0016, which conveys that the firm had a -0.0016% return per unit of risk over the last 3 months. Nusantara Almazia exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nusantara Almazia's Mean Deviation of 2.94, standard deviation of 6.43, and Risk Adjusted Performance of 0.0016 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.88, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nusantara Almazia will likely underperform. At this point, Nusantara Almazia has a negative expected return of -0.0109%. Please make sure to verify Nusantara Almazia's maximum drawdown, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Nusantara Almazia performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Nusantara Almazia has very good reverse predictability. Overlapping area represents the amount of predictability between Nusantara Almazia time series from 19th of November 2023 to 1st of June 2024 and 1st of June 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 Nusantara Almazia price movement. The serial correlation of -0.7 indicates that around 70.0% of current Nusantara Almazia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 232.64 |
Nusantara Almazia lagged returns against current returns
Autocorrelation, which is Nusantara Almazia 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 Nusantara Almazia's stock expected returns. We can calculate the autocorrelation of Nusantara Almazia returns to help us make a trade decision. For example, suppose you find that Nusantara Almazia 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 |
Nusantara Almazia 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 Nusantara Almazia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nusantara Almazia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nusantara Almazia stock over time.
Current vs Lagged Prices |
| Timeline |
Nusantara Almazia Lagged Returns
When evaluating Nusantara Almazia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nusantara Almazia stock have on its future price. Nusantara Almazia 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, Nusantara Almazia autocorrelation shows the relationship between Nusantara Almazia stock current value and its past values and can show if there is a momentum factor associated with investing in Nusantara Almazia.
Regressed Prices |
| Timeline |
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Nusantara Almazia financial ratios help investors to determine whether Nusantara 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 Nusantara with respect to the benefits of owning Nusantara Almazia security.