Pt Indosat Tbk Stock Market Value
| PTITF Stock | USD 0.16 0.02 11.11% |
| Symbol | PTITF |
PT Indosat '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 PT Indosat's pink sheet 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 PT Indosat.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in PT Indosat on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding PT Indosat Tbk or generate 0.0% return on investment in PT Indosat over 30 days. PT Indosat is related to or competes with Verizon Communications, ATT, Comcast Corp, Deutsche Telekom, and Nippon Telegraph. PT Indosat Ooredoo Hutchison Tbk, together with its subsidiaries, provides telecommunication services in Indonesia More
PT Indosat 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 PT Indosat's pink sheet 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 PT Indosat Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 71.43 |
PT Indosat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Indosat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Indosat's standard deviation. In reality, there are many statistical measures that can use PT Indosat historical prices to predict the future PT Indosat's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (1.40) | |||
| Total Risk Alpha | (2.36) | |||
| Treynor Ratio | (0.82) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PT Indosat's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PT Indosat Tbk Backtested Returns
PT Indosat Tbk retains Efficiency (Sharpe Ratio) of -0.14, which implies the firm had a -0.14% return per unit of price deviation over the last 3 months. PT Indosat exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Indosat's information ratio of (0.15), and Market Risk Adjusted Performance of (0.81) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 1.54, which implies 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, PT Indosat will likely underperform. At this point, PT Indosat Tbk has a negative expected return of -1.29%. Please make sure to check PT Indosat's variance, as well as the relationship between the kurtosis and price action indicator , to decide if PT Indosat Tbk performance from the past will be repeated at some future date.
Auto-correlation | 0.00 |
No correlation between past and present
PT Indosat Tbk has no correlation between past and present. Overlapping area represents the amount of predictability between PT Indosat time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 PT Indosat Tbk price movement. The serial correlation of 0.0 indicates that just 0.0% of current PT Indosat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
PT Indosat Tbk lagged returns against current returns
Autocorrelation, which is PT Indosat pink sheet'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 PT Indosat's pink sheet expected returns. We can calculate the autocorrelation of PT Indosat returns to help us make a trade decision. For example, suppose you find that PT Indosat has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
PT Indosat 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 PT Indosat pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Indosat pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Indosat pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PT Indosat Lagged Returns
When evaluating PT Indosat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Indosat pink sheet have on its future price. PT Indosat 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, PT Indosat autocorrelation shows the relationship between PT Indosat pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PT Indosat Tbk.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PTITF Pink Sheet
PT Indosat financial ratios help investors to determine whether PTITF Pink Sheet 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 PTITF with respect to the benefits of owning PT Indosat security.