Voksel Electric (Indonesia) Market Value
| VOKS Stock | IDR 246.00 2.00 0.82% |
| Symbol | Voksel |
Voksel Electric '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 Voksel Electric'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 Voksel Electric.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Voksel Electric on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Voksel Electric Tbk or generate 0.0% return on investment in Voksel Electric over 30 days. Voksel Electric is related to or competes with PT Indonesia, Surya Toto, Mitra Pinasthika, Integra Indocabinet, Multistrada Arah, Bhuwanatala Indah, and Mitrabara Adiperdana. More
Voksel Electric 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 Voksel Electric'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 Voksel Electric Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.64 | |||
| Information Ratio | 0.0669 | |||
| Maximum Drawdown | 49.55 | |||
| Value At Risk | (6.43) | |||
| Potential Upside | 24.43 |
Voksel Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voksel Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voksel Electric's standard deviation. In reality, there are many statistical measures that can use Voksel Electric historical prices to predict the future Voksel Electric's volatility.| Risk Adjusted Performance | 0.0675 | |||
| Jensen Alpha | 0.7252 | |||
| Total Risk Alpha | (0.71) | |||
| Sortino Ratio | 0.1303 | |||
| Treynor Ratio | (12.79) |
Voksel Electric Tbk Backtested Returns
As of now, Voksel Stock is very steady. Voksel Electric Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0202, which indicates the firm had a 0.0202% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Voksel Electric Tbk, which you can use to evaluate the volatility of the company. Please validate Voksel Electric's Risk Adjusted Performance of 0.0675, coefficient of variation of 1239.92, and Semi Deviation of 4.06 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Voksel Electric has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.0562, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Voksel Electric are expected to decrease at a much lower rate. During the bear market, Voksel Electric is likely to outperform the market. Voksel Electric Tbk right now has a risk of 7.79%. Please validate Voksel Electric sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Voksel Electric will be following its existing price patterns.
Auto-correlation | 0.53 |
Modest predictability
Voksel Electric Tbk has modest predictability. Overlapping area represents the amount of predictability between Voksel Electric time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Voksel Electric Tbk price movement. The serial correlation of 0.53 indicates that about 53.0% of current Voksel Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 752.2 |
Voksel Electric Tbk lagged returns against current returns
Autocorrelation, which is Voksel Electric 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 Voksel Electric's stock expected returns. We can calculate the autocorrelation of Voksel Electric returns to help us make a trade decision. For example, suppose you find that Voksel Electric 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 |
Voksel Electric 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 Voksel Electric stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voksel Electric stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Voksel Electric stock over time.
Current vs Lagged Prices |
| Timeline |
Voksel Electric Lagged Returns
When evaluating Voksel Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voksel Electric stock have on its future price. Voksel Electric 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, Voksel Electric autocorrelation shows the relationship between Voksel Electric stock current value and its past values and can show if there is a momentum factor associated with investing in Voksel Electric Tbk.
Regressed Prices |
| Timeline |
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Voksel Electric financial ratios help investors to determine whether Voksel 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 Voksel with respect to the benefits of owning Voksel Electric security.