Arthavest Tbk (Indonesia) Market Value
| ARTA Stock | IDR 2,350 50.00 2.17% |
| Symbol | Arthavest |
Arthavest Tbk '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 Arthavest Tbk'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 Arthavest Tbk.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Arthavest Tbk on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Arthavest Tbk or generate 0.0% return on investment in Arthavest Tbk over 180 days. Arthavest Tbk is related to or competes with Asuransi Bintang, Pacific Strategic, Maming Enam, Asuransi Harta, and Asuransi Jasa. PT Arthavest Tbk, through its subsidiary, PT Sanggraha Dhika, engages in the hospitality business in Central Jakarta More
Arthavest Tbk 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 Arthavest Tbk'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 Arthavest Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.2 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 2.0 |
Arthavest Tbk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arthavest Tbk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arthavest Tbk's standard deviation. In reality, there are many statistical measures that can use Arthavest Tbk historical prices to predict the future Arthavest Tbk's volatility.| Risk Adjusted Performance | (0.000078) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.15) |
Arthavest Tbk Backtested Returns
Arthavest Tbk secures Sharpe Ratio (or Efficiency) of -0.027, which signifies that the company had a -0.027% return per unit of risk over the last 3 months. Arthavest Tbk exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arthavest Tbk's Risk Adjusted Performance of (0.000078), mean deviation of 0.9576, and Standard Deviation of 1.2 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Arthavest Tbk's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arthavest Tbk is expected to be smaller as well. At this point, Arthavest Tbk has a negative expected return of -0.0328%. Please make sure to confirm Arthavest Tbk's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if Arthavest Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
Arthavest Tbk has good predictability. Overlapping area represents the amount of predictability between Arthavest Tbk time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Arthavest Tbk price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Arthavest Tbk price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 10.9 K |
Arthavest Tbk lagged returns against current returns
Autocorrelation, which is Arthavest Tbk 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 Arthavest Tbk's stock expected returns. We can calculate the autocorrelation of Arthavest Tbk returns to help us make a trade decision. For example, suppose you find that Arthavest Tbk 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 |
Arthavest Tbk 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 Arthavest Tbk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arthavest Tbk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arthavest Tbk stock over time.
Current vs Lagged Prices |
| Timeline |
Arthavest Tbk Lagged Returns
When evaluating Arthavest Tbk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arthavest Tbk stock have on its future price. Arthavest Tbk 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, Arthavest Tbk autocorrelation shows the relationship between Arthavest Tbk stock current value and its past values and can show if there is a momentum factor associated with investing in Arthavest Tbk.
Regressed Prices |
| Timeline |
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Arthavest Tbk financial ratios help investors to determine whether Arthavest 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 Arthavest with respect to the benefits of owning Arthavest Tbk security.