Putra Rajawali (Indonesia) Market Value
| PURA Stock | IDR 12.00 1.00 7.69% |
| Symbol | Putra |
Putra Rajawali '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 Putra Rajawali'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 Putra Rajawali.
| 09/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in Putra Rajawali on September 16, 2024 and sell it all today you would earn a total of 0.00 from holding Putra Rajawali Kencana or generate 0.0% return on investment in Putra Rajawali over 90 days. Putra Rajawali is related to or competes with PT Trimuda, Yelooo Integra, Transcoal Pacific, and Weha Transportasi. PT Putra Rajawali Kencana Tbk operates as an intra logistic and multimode company in Indonesia and internationally More
Putra Rajawali 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 Putra Rajawali'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 Putra Rajawali Kencana upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 16.78 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Putra Rajawali Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putra Rajawali's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Putra Rajawali's standard deviation. In reality, there are many statistical measures that can use Putra Rajawali historical prices to predict the future Putra Rajawali's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (1.34) | |||
| Treynor Ratio | 0.6886 |
Putra Rajawali Kencana Backtested Returns
Putra Rajawali Kencana maintains Sharpe Ratio (i.e., Efficiency) of -0.0933, which implies the firm had a -0.0933% return per unit of risk over the last 3 months. Putra Rajawali Kencana exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putra Rajawali's Variance of 23.13, risk adjusted performance of (0.10), and Coefficient Of Variation of (658.70) to confirm the risk estimate we provide. The company holds a Beta of -1.07, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Putra Rajawali are expected to decrease slowly. On the other hand, during market turmoil, Putra Rajawali is expected to outperform it slightly. At this point, Putra Rajawali Kencana has a negative expected return of -0.44%. Please make sure to check Putra Rajawali's potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Putra Rajawali Kencana performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Putra Rajawali Kencana has insignificant predictability. Overlapping area represents the amount of predictability between Putra Rajawali time series from 16th of September 2024 to 31st of October 2024 and 31st of October 2024 to 15th 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 Putra Rajawali Kencana price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Putra Rajawali price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 1.23 |
Putra Rajawali Kencana lagged returns against current returns
Autocorrelation, which is Putra Rajawali 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 Putra Rajawali's stock expected returns. We can calculate the autocorrelation of Putra Rajawali returns to help us make a trade decision. For example, suppose you find that Putra Rajawali 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 |
Putra Rajawali 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 Putra Rajawali stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Putra Rajawali stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Putra Rajawali stock over time.
Current vs Lagged Prices |
| Timeline |
Putra Rajawali Lagged Returns
When evaluating Putra Rajawali's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Putra Rajawali stock have on its future price. Putra Rajawali 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, Putra Rajawali autocorrelation shows the relationship between Putra Rajawali stock current value and its past values and can show if there is a momentum factor associated with investing in Putra Rajawali Kencana.
Regressed Prices |
| Timeline |
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Putra Rajawali financial ratios help investors to determine whether Putra 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 Putra with respect to the benefits of owning Putra Rajawali security.