Andalan Sakti (Indonesia) Market Value
| ASPI Stock | IDR 142.00 10.00 6.58% |
| Symbol | Andalan |
Andalan Sakti '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 Andalan Sakti'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 Andalan Sakti.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Andalan Sakti on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Andalan Sakti Primaindo or generate 0.0% return on investment in Andalan Sakti over 30 days. Andalan Sakti is related to or competes with Royalindo Investa, Mitrabara Adiperdana, Bank Ina, Mitrabahtera Segara, Putra Mandiri, Citatah Tbk, and Pt Pakuan. PT Andalan Sakti Primaindo, Tbk engages in property business in Indonesia More
Andalan Sakti 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 Andalan Sakti'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 Andalan Sakti Primaindo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 25.95 | |||
| Value At Risk | (8.57) | |||
| Potential Upside | 3.33 |
Andalan Sakti Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Andalan Sakti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Andalan Sakti's standard deviation. In reality, there are many statistical measures that can use Andalan Sakti historical prices to predict the future Andalan Sakti's volatility.| Risk Adjusted Performance | (0.23) | |||
| Jensen Alpha | (1.55) | |||
| Total Risk Alpha | (2.17) | |||
| Treynor Ratio | (2.01) |
Andalan Sakti Primaindo Backtested Returns
Andalan Sakti Primaindo secures Sharpe Ratio (or Efficiency) of -0.32, which signifies that the company had a -0.32% return per unit of standard deviation over the last 3 months. Andalan Sakti Primaindo exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Andalan Sakti's mean deviation of 2.59, and Risk Adjusted Performance of (0.23) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Andalan Sakti's returns are expected to increase less than the market. However, during the bear market, the loss of holding Andalan Sakti is expected to be smaller as well. At this point, Andalan Sakti Primaindo has a negative expected return of -1.43%. Please make sure to confirm Andalan Sakti's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Andalan Sakti Primaindo performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Andalan Sakti Primaindo has weak reverse predictability. Overlapping area represents the amount of predictability between Andalan Sakti 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 Andalan Sakti Primaindo price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Andalan Sakti price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 125.04 |
Andalan Sakti Primaindo lagged returns against current returns
Autocorrelation, which is Andalan Sakti 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 Andalan Sakti's stock expected returns. We can calculate the autocorrelation of Andalan Sakti returns to help us make a trade decision. For example, suppose you find that Andalan Sakti 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 |
Andalan Sakti 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 Andalan Sakti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Andalan Sakti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Andalan Sakti stock over time.
Current vs Lagged Prices |
| Timeline |
Andalan Sakti Lagged Returns
When evaluating Andalan Sakti's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Andalan Sakti stock have on its future price. Andalan Sakti 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, Andalan Sakti autocorrelation shows the relationship between Andalan Sakti stock current value and its past values and can show if there is a momentum factor associated with investing in Andalan Sakti Primaindo.
Regressed Prices |
| Timeline |
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Andalan Sakti financial ratios help investors to determine whether Andalan 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 Andalan with respect to the benefits of owning Andalan Sakti security.