Pollux Investasi (Indonesia) Market Value
| POLI Stock | 720.00 50.00 6.49% |
| Symbol | Pollux |
Pollux Investasi '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 Pollux Investasi'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 Pollux Investasi.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Pollux Investasi on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding Pollux Investasi Internasional or generate 0.0% return on investment in Pollux Investasi over 360 days. Pollux Investasi is related to or competes with Pollux Properti, Maha Properti, Mega Manunggal, Urban Jakarta, and Jaya Sukses. More
Pollux Investasi 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 Pollux Investasi'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 Pollux Investasi Internasional upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 19.7 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 6.67 |
Pollux Investasi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pollux Investasi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pollux Investasi's standard deviation. In reality, there are many statistical measures that can use Pollux Investasi historical prices to predict the future Pollux Investasi's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.31) |
Pollux Investasi Int Backtested Returns
Pollux Investasi Int maintains Sharpe Ratio (i.e., Efficiency) of -0.0809, which implies the firm had a -0.0809% return per unit of risk over the last 3 months. Pollux Investasi Int exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pollux Investasi's Coefficient Of Variation of (6,536), variance of 7.94, and insignificant Risk Adjusted Performance to confirm the risk estimate we provide. The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pollux Investasi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pollux Investasi is expected to be smaller as well. At this point, Pollux Investasi Int has a negative expected return of -0.2%. Please make sure to check Pollux Investasi's treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if Pollux Investasi Int performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Pollux Investasi Internasional has very good reverse predictability. Overlapping area represents the amount of predictability between Pollux Investasi time series from 19th of December 2023 to 16th of June 2024 and 16th 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 Pollux Investasi Int price movement. The serial correlation of -0.7 indicates that around 70.0% of current Pollux Investasi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 3319.25 |
Pollux Investasi Int lagged returns against current returns
Autocorrelation, which is Pollux Investasi 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 Pollux Investasi's stock expected returns. We can calculate the autocorrelation of Pollux Investasi returns to help us make a trade decision. For example, suppose you find that Pollux Investasi 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 |
Pollux Investasi 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 Pollux Investasi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pollux Investasi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pollux Investasi stock over time.
Current vs Lagged Prices |
| Timeline |
Pollux Investasi Lagged Returns
When evaluating Pollux Investasi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pollux Investasi stock have on its future price. Pollux Investasi 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, Pollux Investasi autocorrelation shows the relationship between Pollux Investasi stock current value and its past values and can show if there is a momentum factor associated with investing in Pollux Investasi Internasional.
Regressed Prices |
| Timeline |
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Pollux Investasi financial ratios help investors to determine whether Pollux 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 Pollux with respect to the benefits of owning Pollux Investasi security.