Indointernet Tbk (Indonesia) Market Value
| EDGE Stock | IDR 4,820 90.00 1.83% |
| Symbol | Indointernet |
Indointernet 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 Indointernet 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 Indointernet Tbk.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Indointernet Tbk on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Indointernet Tbk PT or generate 0.0% return on investment in Indointernet Tbk over 90 days. Indointernet Tbk is related to or competes with DCI Indonesia, Digital Mediatama, Multipolar Technology, Bank Net, and Indosterling Technomedia. PT Indointernet Tbk. provides information and communication technology services and solutions in Indonesia More
Indointernet 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 Indointernet 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 Indointernet Tbk PT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.69 | |||
| Information Ratio | 0.0907 | |||
| Maximum Drawdown | 38.59 | |||
| Value At Risk | (8.64) | |||
| Potential Upside | 24.71 |
Indointernet Tbk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indointernet Tbk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indointernet Tbk's standard deviation. In reality, there are many statistical measures that can use Indointernet Tbk historical prices to predict the future Indointernet Tbk's volatility.| Risk Adjusted Performance | 0.0759 | |||
| Jensen Alpha | 0.6991 | |||
| Total Risk Alpha | 1.46 | |||
| Sortino Ratio | 0.1408 | |||
| Treynor Ratio | 0.4079 |
Indointernet Tbk Backtested Returns
Indointernet Tbk appears to be very steady, given 3 months investment horizon. Indointernet Tbk holds Efficiency (Sharpe) Ratio of 0.082, which attests that the entity had a 0.082 % return per unit of risk over the last 3 months. By evaluating Indointernet Tbk's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize Indointernet Tbk's Market Risk Adjusted Performance of 0.4179, risk adjusted performance of 0.0759, and Downside Deviation of 4.69 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Indointernet Tbk holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 1.35, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Indointernet Tbk will likely underperform. Please check Indointernet Tbk's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Indointernet Tbk's current trending patterns will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
Indointernet Tbk PT has poor reverse predictability. Overlapping area represents the amount of predictability between Indointernet Tbk time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Indointernet Tbk price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Indointernet Tbk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 M |
Indointernet Tbk lagged returns against current returns
Autocorrelation, which is Indointernet 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 Indointernet Tbk's stock expected returns. We can calculate the autocorrelation of Indointernet Tbk returns to help us make a trade decision. For example, suppose you find that Indointernet 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 |
Indointernet 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 Indointernet Tbk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indointernet Tbk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indointernet Tbk stock over time.
Current vs Lagged Prices |
| Timeline |
Indointernet Tbk Lagged Returns
When evaluating Indointernet Tbk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indointernet Tbk stock have on its future price. Indointernet 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, Indointernet Tbk autocorrelation shows the relationship between Indointernet Tbk stock current value and its past values and can show if there is a momentum factor associated with investing in Indointernet Tbk PT.
Regressed Prices |
| Timeline |
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Indointernet Tbk financial ratios help investors to determine whether Indointernet 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 Indointernet with respect to the benefits of owning Indointernet Tbk security.