Pakuwon Jati (Indonesia) Market Value
| PWON Stock | IDR 408.00 10.00 2.39% |
| Symbol | Pakuwon |
Pakuwon Jati '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 Pakuwon Jati'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 Pakuwon Jati.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Pakuwon Jati on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Pakuwon Jati Tbk or generate 0.0% return on investment in Pakuwon Jati over 360 days. Pakuwon Jati is related to or competes with Mitra Pinasthika, Jakarta Int, Asuransi Harta, Indosterling Technomedia, Indosat Tbk, Bank Negara, and PT Kusuma. PT Pakuwon Jati Tbk operates as a real estate developer primarily in Jakarta and Surabaya, Indonesia More
Pakuwon Jati 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 Pakuwon Jati'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 Pakuwon Jati Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 2.91 |
Pakuwon Jati Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pakuwon Jati's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pakuwon Jati's standard deviation. In reality, there are many statistical measures that can use Pakuwon Jati historical prices to predict the future Pakuwon Jati's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | 0.5744 |
Pakuwon Jati Tbk Backtested Returns
Pakuwon Jati Tbk maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Pakuwon Jati Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pakuwon Jati's Variance of 3.86, coefficient of variation of (843.17), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The company holds a Beta of -0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Pakuwon Jati are expected to decrease at a much lower rate. During the bear market, Pakuwon Jati is likely to outperform the market. At this point, Pakuwon Jati Tbk has a negative expected return of -0.26%. Please make sure to check Pakuwon Jati's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Pakuwon Jati Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.65 |
Very good reverse predictability
Pakuwon Jati Tbk has very good reverse predictability. Overlapping area represents the amount of predictability between Pakuwon Jati time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Pakuwon Jati Tbk price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Pakuwon Jati price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 2299.07 |
Pakuwon Jati Tbk lagged returns against current returns
Autocorrelation, which is Pakuwon Jati 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 Pakuwon Jati's stock expected returns. We can calculate the autocorrelation of Pakuwon Jati returns to help us make a trade decision. For example, suppose you find that Pakuwon Jati 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 |
Pakuwon Jati 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 Pakuwon Jati stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pakuwon Jati stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pakuwon Jati stock over time.
Current vs Lagged Prices |
| Timeline |
Pakuwon Jati Lagged Returns
When evaluating Pakuwon Jati's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pakuwon Jati stock have on its future price. Pakuwon Jati 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, Pakuwon Jati autocorrelation shows the relationship between Pakuwon Jati stock current value and its past values and can show if there is a momentum factor associated with investing in Pakuwon Jati Tbk.
Regressed Prices |
| Timeline |
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Pakuwon Jati financial ratios help investors to determine whether Pakuwon 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 Pakuwon with respect to the benefits of owning Pakuwon Jati security.