PT Arkora (Indonesia) Market Value
| ARKO Stock | 880.00 10.00 1.12% |
| Symbol | ARKO |
PT Arkora '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 Arkora'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 Arkora.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in PT Arkora on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding PT Arkora Hydro or generate 0.0% return on investment in PT Arkora over 90 days. PT Arkora is related to or competes with PT Dewi, Adaro Minerals, PT Cilacap, Habco Trans, and Wir Asia. More
PT Arkora 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 Arkora'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 Arkora Hydro upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0052 | |||
| Maximum Drawdown | 20.3 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 5.41 |
PT Arkora Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Arkora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Arkora's standard deviation. In reality, there are many statistical measures that can use PT Arkora historical prices to predict the future PT Arkora's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.2652 | |||
| Treynor Ratio | (0.82) |
PT Arkora Hydro Backtested Returns
PT Arkora Hydro retains Efficiency (Sharpe Ratio) of -0.0342, which implies the firm had a -0.0342 % return per unit of price deviation over the last 3 months. PT Arkora exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Arkora's market risk adjusted performance of (0.81), and Information Ratio of 0.0052 to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, PT Arkora's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Arkora is expected to be smaller as well. At this point, PT Arkora Hydro has a negative expected return of -0.1%. Please make sure to check PT Arkora's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if PT Arkora Hydro performance from the past will be repeated at some future date.
Auto-correlation | -0.24 |
Weak reverse predictability
PT Arkora Hydro has weak reverse predictability. Overlapping area represents the amount of predictability between PT Arkora time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. 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 Arkora Hydro price movement. The serial correlation of -0.24 indicates that over 24.0% of current PT Arkora price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 745.13 |
PT Arkora Hydro lagged returns against current returns
Autocorrelation, which is PT Arkora 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 Arkora's stock expected returns. We can calculate the autocorrelation of PT Arkora returns to help us make a trade decision. For example, suppose you find that PT Arkora 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 Arkora 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 Arkora stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Arkora stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Arkora stock over time.
Current vs Lagged Prices |
| Timeline |
PT Arkora Lagged Returns
When evaluating PT Arkora's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Arkora stock have on its future price. PT Arkora 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 Arkora autocorrelation shows the relationship between PT Arkora stock current value and its past values and can show if there is a momentum factor associated with investing in PT Arkora Hydro.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in ARKO Stock
PT Arkora financial ratios help investors to determine whether ARKO 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 ARKO with respect to the benefits of owning PT Arkora security.