Ricky Putra (Indonesia) Market Value
| RICY Stock | IDR 75.00 1.00 1.35% |
| Symbol | Ricky |
Ricky Putra '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 Ricky Putra'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 Ricky Putra.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Ricky Putra on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Ricky Putra Globalindo or generate 0.0% return on investment in Ricky Putra over 30 days. Ricky Putra is related to or competes with Pan Brothers, Sunson Textile, Asia Pacific, Prima Alloy, and Asia Pacific. More
Ricky Putra 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 Ricky Putra'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 Ricky Putra Globalindo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 19.48 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.74 |
Ricky Putra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ricky Putra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ricky Putra's standard deviation. In reality, there are many statistical measures that can use Ricky Putra historical prices to predict the future Ricky Putra's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.30) |
Ricky Putra Globalindo Backtested Returns
Ricky Putra Globalindo maintains Sharpe Ratio (i.e., Efficiency) of -0.0663, which implies the firm had a -0.0663% return per unit of risk over the last 3 months. Ricky Putra Globalindo exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ricky Putra's Coefficient Of Variation of (1,596), variance of 6.43, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The company holds a Beta of 0.55, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Ricky Putra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ricky Putra is expected to be smaller as well. At this point, Ricky Putra Globalindo has a negative expected return of -0.17%. Please make sure to check Ricky Putra's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Ricky Putra Globalindo performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Ricky Putra Globalindo has insignificant predictability. Overlapping area represents the amount of predictability between Ricky Putra time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 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 Ricky Putra Globalindo price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Ricky Putra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Ricky Putra Globalindo lagged returns against current returns
Autocorrelation, which is Ricky Putra 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 Ricky Putra's stock expected returns. We can calculate the autocorrelation of Ricky Putra returns to help us make a trade decision. For example, suppose you find that Ricky Putra 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 |
Ricky Putra 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 Ricky Putra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ricky Putra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ricky Putra stock over time.
Current vs Lagged Prices |
| Timeline |
Ricky Putra Lagged Returns
When evaluating Ricky Putra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ricky Putra stock have on its future price. Ricky Putra 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, Ricky Putra autocorrelation shows the relationship between Ricky Putra stock current value and its past values and can show if there is a momentum factor associated with investing in Ricky Putra Globalindo.
Regressed Prices |
| Timeline |
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Ricky Putra financial ratios help investors to determine whether Ricky 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 Ricky with respect to the benefits of owning Ricky Putra security.