Kapuas Prima (Indonesia) Market Value
| ZINC Stock | IDR 16.00 1.00 6.67% |
| Symbol | Kapuas |
Kapuas Prima '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 Kapuas Prima'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 Kapuas Prima.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Kapuas Prima on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Kapuas Prima Coal or generate 0.0% return on investment in Kapuas Prima over 30 days. Kapuas Prima is related to or competes with Mitra Pinasthika, Jakarta Int, Asuransi Harta, Indosterling Technomedia, Indosat Tbk, Bank Negara, and PT Kusuma. More
Kapuas Prima 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 Kapuas Prima'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 Kapuas Prima Coal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.45 | |||
| Information Ratio | 0.0155 | |||
| Maximum Drawdown | 13.33 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 6.67 |
Kapuas Prima Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kapuas Prima's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kapuas Prima's standard deviation. In reality, there are many statistical measures that can use Kapuas Prima historical prices to predict the future Kapuas Prima's volatility.| Risk Adjusted Performance | 0.0418 | |||
| Jensen Alpha | 0.3406 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0095 | |||
| Treynor Ratio | (0.1) |
Kapuas Prima Coal Backtested Returns
Kapuas Prima Coal has Sharpe Ratio of -0.0072, which conveys that the firm had a -0.0072% return per unit of risk over the last 3 months. Kapuas Prima exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kapuas Prima's Downside Deviation of 6.45, mean deviation of 2.52, and Risk Adjusted Performance of 0.0418 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.7, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Kapuas Prima are expected to decrease by larger amounts. On the other hand, during market turmoil, Kapuas Prima is expected to outperform it. At this point, Kapuas Prima Coal has a negative expected return of -0.0271%. Please make sure to verify Kapuas Prima's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Kapuas Prima Coal performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.22 |
Weak reverse predictability
Kapuas Prima Coal has weak reverse predictability. Overlapping area represents the amount of predictability between Kapuas Prima 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 Kapuas Prima Coal price movement. The serial correlation of -0.22 indicates that over 22.0% of current Kapuas Prima price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Kapuas Prima Coal lagged returns against current returns
Autocorrelation, which is Kapuas Prima 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 Kapuas Prima's stock expected returns. We can calculate the autocorrelation of Kapuas Prima returns to help us make a trade decision. For example, suppose you find that Kapuas Prima 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 |
Kapuas Prima 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 Kapuas Prima stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kapuas Prima stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kapuas Prima stock over time.
Current vs Lagged Prices |
| Timeline |
Kapuas Prima Lagged Returns
When evaluating Kapuas Prima's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kapuas Prima stock have on its future price. Kapuas Prima 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, Kapuas Prima autocorrelation shows the relationship between Kapuas Prima stock current value and its past values and can show if there is a momentum factor associated with investing in Kapuas Prima Coal.
Regressed Prices |
| Timeline |
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Kapuas Prima financial ratios help investors to determine whether Kapuas 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 Kapuas with respect to the benefits of owning Kapuas Prima security.