Indo Straits (Indonesia) Market Value
| PTIS Stock | IDR 234.00 2.00 0.85% |
| Symbol | Indo |
Indo Straits '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 Indo Straits' 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 Indo Straits.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Indo Straits on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Indo Straits Tbk or generate 0.0% return on investment in Indo Straits over 30 days. Indo Straits is related to or competes with PT Indonesia, Surya Toto, Mitra Pinasthika, Integra Indocabinet, Multistrada Arah, Bhuwanatala Indah, and Mitrabara Adiperdana. PT Indo Straits Tbk., together with its subsidiaries, provides integrated marine engineering and logistics support servi... More
Indo Straits 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 Indo Straits' 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 Indo Straits Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.95 | |||
| Information Ratio | 0.003 | |||
| Maximum Drawdown | 38.01 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 24.55 |
Indo Straits Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indo Straits' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indo Straits' standard deviation. In reality, there are many statistical measures that can use Indo Straits historical prices to predict the future Indo Straits' volatility.| Risk Adjusted Performance | 0.0213 | |||
| Jensen Alpha | 0.3166 | |||
| Total Risk Alpha | (0.79) | |||
| Sortino Ratio | 0.0044 | |||
| Treynor Ratio | (0.05) |
Indo Straits Tbk Backtested Returns
Indo Straits appears to be very steady, given 3 months investment horizon. Indo Straits Tbk holds Efficiency (Sharpe) Ratio of 0.0461, which attests that the entity had a 0.0461% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Indo Straits Tbk, which you can use to evaluate the volatility of the firm. Please utilize Indo Straits' Market Risk Adjusted Performance of (0.04), downside deviation of 4.95, and Risk Adjusted Performance of 0.0213 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Indo Straits holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of -2.27, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Indo Straits are expected to decrease by larger amounts. On the other hand, during market turmoil, Indo Straits is expected to outperform it. Please check Indo Straits' downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Indo Straits' current trending patterns will revert.
Auto-correlation | -0.39 |
Poor reverse predictability
Indo Straits Tbk has poor reverse predictability. Overlapping area represents the amount of predictability between Indo Straits time series from 14th of November 2024 to 29th of November 2024 and 29th of November 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 Indo Straits Tbk price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Indo Straits price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 230.88 |
Indo Straits Tbk lagged returns against current returns
Autocorrelation, which is Indo Straits 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 Indo Straits' stock expected returns. We can calculate the autocorrelation of Indo Straits returns to help us make a trade decision. For example, suppose you find that Indo Straits 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 |
Indo Straits 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 Indo Straits stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indo Straits stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indo Straits stock over time.
Current vs Lagged Prices |
| Timeline |
Indo Straits Lagged Returns
When evaluating Indo Straits' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indo Straits stock have on its future price. Indo Straits 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, Indo Straits autocorrelation shows the relationship between Indo Straits stock current value and its past values and can show if there is a momentum factor associated with investing in Indo Straits Tbk.
Regressed Prices |
| Timeline |
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Indo Straits financial ratios help investors to determine whether Indo 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 Indo with respect to the benefits of owning Indo Straits security.