PT Pelayaran (Indonesia) Market Value
| TAMU Stock | 15.00 1.00 7.14% |
| Symbol | TAMU |
PT Pelayaran '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 Pelayaran'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 Pelayaran.
| 01/07/2024 |
| 12/02/2024 |
If you would invest 0.00 in PT Pelayaran on January 7, 2024 and sell it all today you would earn a total of 0.00 from holding PT Pelayaran Tamarin or generate 0.0% return on investment in PT Pelayaran over 330 days. PT Pelayaran is related to or competes with Dharma Polimetal, Trinitan Metals, Indosterling Technomedia, Weha Transportasi, and Alumindo Light. More
PT Pelayaran 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 Pelayaran'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 Pelayaran Tamarin upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 19.52 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 9.09 |
PT Pelayaran Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Pelayaran's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Pelayaran's standard deviation. In reality, there are many statistical measures that can use PT Pelayaran historical prices to predict the future PT Pelayaran's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (1.04) | |||
| Total Risk Alpha | (1.82) | |||
| Treynor Ratio | (0.83) |
PT Pelayaran Tamarin Backtested Returns
PT Pelayaran Tamarin retains Efficiency (Sharpe Ratio) of -0.16, which implies the firm had a -0.16% return per unit of price deviation over the last 3 months. PT Pelayaran exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Pelayaran's market risk adjusted performance of (0.82), and Information Ratio of (0.19) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 1.09, which implies a somewhat significant risk relative to the market. PT Pelayaran returns are very sensitive to returns on the market. As the market goes up or down, PT Pelayaran is expected to follow. At this point, PT Pelayaran Tamarin has a negative expected return of -0.89%. Please make sure to check PT Pelayaran's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if PT Pelayaran Tamarin performance from the past will be repeated at some future date.
Auto-correlation | -0.51 |
Good reverse predictability
PT Pelayaran Tamarin has good reverse predictability. Overlapping area represents the amount of predictability between PT Pelayaran time series from 7th of January 2024 to 20th of June 2024 and 20th of June 2024 to 2nd 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 Pelayaran Tamarin price movement. The serial correlation of -0.51 indicates that about 51.0% of current PT Pelayaran price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 76.13 |
PT Pelayaran Tamarin lagged returns against current returns
Autocorrelation, which is PT Pelayaran 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 Pelayaran's stock expected returns. We can calculate the autocorrelation of PT Pelayaran returns to help us make a trade decision. For example, suppose you find that PT Pelayaran 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 Pelayaran 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 Pelayaran stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Pelayaran stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Pelayaran stock over time.
Current vs Lagged Prices |
| Timeline |
PT Pelayaran Lagged Returns
When evaluating PT Pelayaran's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Pelayaran stock have on its future price. PT Pelayaran 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 Pelayaran autocorrelation shows the relationship between PT Pelayaran stock current value and its past values and can show if there is a momentum factor associated with investing in PT Pelayaran Tamarin.
Regressed Prices |
| Timeline |
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PT Pelayaran financial ratios help investors to determine whether TAMU 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 TAMU with respect to the benefits of owning PT Pelayaran security.