Unilever Indonesia (Indonesia) Market Value
| UNVR Stock | IDR 1,870 5.00 0.27% |
| Symbol | Unilever |
Unilever Indonesia '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 Unilever Indonesia'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 Unilever Indonesia.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Unilever Indonesia on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Unilever Indonesia Tbk or generate 0.0% return on investment in Unilever Indonesia over 30 days. Unilever Indonesia is related to or competes with Astra International, Telkom Indonesia, Bank Mandiri, and Perusahaan Gas. PT Unilever Indonesia Tbk engages in the manufacture, marketing, and distribution of consumer goods in Indonesia More
Unilever Indonesia 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 Unilever Indonesia'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 Unilever Indonesia Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 13.19 | |||
| Value At Risk | (3.81) | |||
| Potential Upside | 4.24 |
Unilever Indonesia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unilever Indonesia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unilever Indonesia's standard deviation. In reality, there are many statistical measures that can use Unilever Indonesia historical prices to predict the future Unilever Indonesia's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.808 |
Unilever Indonesia Tbk Backtested Returns
Unilever Indonesia Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. Unilever Indonesia Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Unilever Indonesia's Risk Adjusted Performance of (0.08), variance of 5.66, and Coefficient Of Variation of (896.42) to confirm the risk estimate we provide. The entity has a beta of -0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Unilever Indonesia are expected to decrease at a much lower rate. During the bear market, Unilever Indonesia is likely to outperform the market. At this point, Unilever Indonesia Tbk has a negative expected return of -0.25%. Please make sure to validate Unilever Indonesia's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Unilever Indonesia Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Unilever Indonesia Tbk has insignificant predictability. Overlapping area represents the amount of predictability between Unilever Indonesia time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Unilever Indonesia Tbk price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Unilever Indonesia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 2400.0 |
Unilever Indonesia Tbk lagged returns against current returns
Autocorrelation, which is Unilever Indonesia 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 Unilever Indonesia's stock expected returns. We can calculate the autocorrelation of Unilever Indonesia returns to help us make a trade decision. For example, suppose you find that Unilever Indonesia 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 |
Unilever Indonesia 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 Unilever Indonesia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unilever Indonesia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unilever Indonesia stock over time.
Current vs Lagged Prices |
| Timeline |
Unilever Indonesia Lagged Returns
When evaluating Unilever Indonesia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unilever Indonesia stock have on its future price. Unilever Indonesia 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, Unilever Indonesia autocorrelation shows the relationship between Unilever Indonesia stock current value and its past values and can show if there is a momentum factor associated with investing in Unilever Indonesia Tbk.
Regressed Prices |
| Timeline |
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Unilever Indonesia financial ratios help investors to determine whether Unilever 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 Unilever with respect to the benefits of owning Unilever Indonesia security.