INDO-RAMA SYNTHETIC (Germany) Market Value
| 59I Stock | EUR 0.21 0.00 0.00% |
| Symbol | INDO-RAMA |
INDO-RAMA SYNTHETIC '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 INDO-RAMA SYNTHETIC'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 INDO-RAMA SYNTHETIC.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in INDO-RAMA SYNTHETIC on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding INDO RAMA SYNTHETIC or generate 0.0% return on investment in INDO-RAMA SYNTHETIC over 30 days. INDO-RAMA SYNTHETIC is related to or competes with Cleanaway Waste, Platinum Investment, Coor Service, Jupiter Fund, Taylor Morrison, and Neinor Homes. More
INDO-RAMA SYNTHETIC 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 INDO-RAMA SYNTHETIC'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 INDO RAMA SYNTHETIC upside and downside potential and time the market with a certain degree of confidence.
INDO-RAMA SYNTHETIC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INDO-RAMA SYNTHETIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INDO-RAMA SYNTHETIC's standard deviation. In reality, there are many statistical measures that can use INDO-RAMA SYNTHETIC historical prices to predict the future INDO-RAMA SYNTHETIC's volatility.INDO RAMA SYNTHETIC Backtested Returns
We have found three technical indicators for INDO RAMA SYNTHETIC, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and INDO-RAMA SYNTHETIC are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
INDO RAMA SYNTHETIC has no correlation between past and present. Overlapping area represents the amount of predictability between INDO-RAMA SYNTHETIC 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 INDO RAMA SYNTHETIC price movement. The serial correlation of 0.0 indicates that just 0.0% of current INDO-RAMA SYNTHETIC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
INDO RAMA SYNTHETIC lagged returns against current returns
Autocorrelation, which is INDO-RAMA SYNTHETIC 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 INDO-RAMA SYNTHETIC's stock expected returns. We can calculate the autocorrelation of INDO-RAMA SYNTHETIC returns to help us make a trade decision. For example, suppose you find that INDO-RAMA SYNTHETIC 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 |
INDO-RAMA SYNTHETIC 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 INDO-RAMA SYNTHETIC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INDO-RAMA SYNTHETIC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INDO-RAMA SYNTHETIC stock over time.
Current vs Lagged Prices |
| Timeline |
INDO-RAMA SYNTHETIC Lagged Returns
When evaluating INDO-RAMA SYNTHETIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INDO-RAMA SYNTHETIC stock have on its future price. INDO-RAMA SYNTHETIC 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, INDO-RAMA SYNTHETIC autocorrelation shows the relationship between INDO-RAMA SYNTHETIC stock current value and its past values and can show if there is a momentum factor associated with investing in INDO RAMA SYNTHETIC.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in INDO-RAMA Stock
INDO-RAMA SYNTHETIC financial ratios help investors to determine whether INDO-RAMA 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 INDO-RAMA with respect to the benefits of owning INDO-RAMA SYNTHETIC security.