Asuransi Jasa (Indonesia) Market Value
| ASJT Stock | IDR 109.00 4.00 3.54% |
| Symbol | Asuransi |
Asuransi Jasa '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 Asuransi Jasa'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 Asuransi Jasa.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Asuransi Jasa on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Asuransi Jasa Tania or generate 0.0% return on investment in Asuransi Jasa over 30 days. Asuransi Jasa is related to or competes with Asuransi Bintang, Asuransi Ramayana, Asuransi Harta, Asuransi Dayin, and Asuransi Bina. PT Asuransi Jasa Tania Tbk provides general insurance products and services in Indonesia More
Asuransi Jasa 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 Asuransi Jasa'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 Asuransi Jasa Tania upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.78 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 2.91 |
Asuransi Jasa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asuransi Jasa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asuransi Jasa's standard deviation. In reality, there are many statistical measures that can use Asuransi Jasa historical prices to predict the future Asuransi Jasa's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.0749 |
Asuransi Jasa Tania Backtested Returns
Asuransi Jasa Tania secures Sharpe Ratio (or Efficiency) of -0.0322, which signifies that the company had a -0.0322 % return per unit of risk over the last 3 months. Asuransi Jasa Tania exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asuransi Jasa's Mean Deviation of 1.28, risk adjusted performance of (0.02), and Standard Deviation of 1.81 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Asuransi Jasa are expected to decrease at a much lower rate. During the bear market, Asuransi Jasa is likely to outperform the market. At this point, Asuransi Jasa Tania has a negative expected return of -0.061%. Please make sure to confirm Asuransi Jasa's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Asuransi Jasa Tania performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.23 |
Weak reverse predictability
Asuransi Jasa Tania has weak reverse predictability. Overlapping area represents the amount of predictability between Asuransi Jasa time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Asuransi Jasa Tania price movement. The serial correlation of -0.23 indicates that over 23.0% of current Asuransi Jasa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 4.84 |
Asuransi Jasa Tania lagged returns against current returns
Autocorrelation, which is Asuransi Jasa 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 Asuransi Jasa's stock expected returns. We can calculate the autocorrelation of Asuransi Jasa returns to help us make a trade decision. For example, suppose you find that Asuransi Jasa 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 |
Asuransi Jasa 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 Asuransi Jasa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asuransi Jasa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asuransi Jasa stock over time.
Current vs Lagged Prices |
| Timeline |
Asuransi Jasa Lagged Returns
When evaluating Asuransi Jasa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asuransi Jasa stock have on its future price. Asuransi Jasa 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, Asuransi Jasa autocorrelation shows the relationship between Asuransi Jasa stock current value and its past values and can show if there is a momentum factor associated with investing in Asuransi Jasa Tania.
Regressed Prices |
| Timeline |
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Asuransi Jasa financial ratios help investors to determine whether Asuransi 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 Asuransi with respect to the benefits of owning Asuransi Jasa security.