PT Utama (Indonesia) Market Value
| RCCC Stock | 316.00 12.00 3.66% |
| Symbol | RCCC |
PT Utama '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 Utama'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 PT Utama.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in PT Utama on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding PT Utama Radar or generate 0.0% return on investment in PT Utama over 30 days. PT Utama is related to or competes with PT Sari, Habco Trans, PT Dewi, Tera Data, and PT Cerestar. More
PT Utama 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 Utama'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 PT Utama Radar upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.96 | |||
| Information Ratio | 0.0273 | |||
| Maximum Drawdown | 19.38 | |||
| Value At Risk | (9.82) | |||
| Potential Upside | 4.79 |
PT Utama Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Utama's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Utama's standard deviation. In reality, there are many statistical measures that can use PT Utama historical prices to predict the future PT Utama's volatility.| Risk Adjusted Performance | 0.0443 | |||
| Jensen Alpha | 0.1427 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0154 | |||
| Treynor Ratio | 0.2734 |
PT Utama Radar Backtested Returns
PT Utama appears to be very steady, given 3 months investment horizon. PT Utama Radar retains Efficiency (Sharpe Ratio) of 0.1, which implies the firm had a 0.1% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for PT Utama, which you can use to evaluate the volatility of the company. Please evaluate PT Utama's market risk adjusted performance of 0.2834, and Standard Deviation of 4.5 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PT Utama holds a performance score of 8. The company owns a Beta (Systematic Risk) of 0.78, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PT Utama's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Utama is expected to be smaller as well. Please check PT Utama's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether PT Utama's current price history will revert.
Auto-correlation | 0.66 |
Good predictability
PT Utama Radar has good predictability. Overlapping area represents the amount of predictability between PT Utama 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 PT Utama Radar price movement. The serial correlation of 0.66 indicates that around 66.0% of current PT Utama price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 970.45 |
PT Utama Radar lagged returns against current returns
Autocorrelation, which is PT Utama 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 PT Utama's stock expected returns. We can calculate the autocorrelation of PT Utama returns to help us make a trade decision. For example, suppose you find that PT Utama 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 |
PT Utama 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 Utama stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Utama stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Utama stock over time.
Current vs Lagged Prices |
| Timeline |
PT Utama Lagged Returns
When evaluating PT Utama's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Utama stock have on its future price. PT Utama 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 Utama autocorrelation shows the relationship between PT Utama stock current value and its past values and can show if there is a momentum factor associated with investing in PT Utama Radar.
Regressed Prices |
| Timeline |
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PT Utama financial ratios help investors to determine whether RCCC 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 RCCC with respect to the benefits of owning PT Utama security.