Indal Aluminium (Indonesia) Market Value
| INAI Stock | IDR 171.00 22.00 11.40% |
| Symbol | Indal |
Indal Aluminium '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 Indal Aluminium'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 Indal Aluminium.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Indal Aluminium on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Indal Aluminium Industry or generate 0.0% return on investment in Indal Aluminium over 90 days. Indal Aluminium is related to or competes with Intanwijaya Internasional, Alumindo Light, Champion Pacific, Betonjaya Manunggal, and Intikeramik Alamasri. More
Indal Aluminium 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 Indal Aluminium'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 Indal Aluminium Industry upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.71 | |||
| Information Ratio | 0.097 | |||
| Maximum Drawdown | 51.79 | |||
| Value At Risk | (8.89) | |||
| Potential Upside | 23.17 |
Indal Aluminium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indal Aluminium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indal Aluminium's standard deviation. In reality, there are many statistical measures that can use Indal Aluminium historical prices to predict the future Indal Aluminium's volatility.| Risk Adjusted Performance | 0.0839 | |||
| Jensen Alpha | 0.8171 | |||
| Total Risk Alpha | 1.89 | |||
| Sortino Ratio | 0.1532 | |||
| Treynor Ratio | 1.59 |
Indal Aluminium Industry Backtested Returns
Indal Aluminium appears to be very steady, given 3 months investment horizon. Indal Aluminium Industry holds Efficiency (Sharpe) Ratio of 0.0994, which attests that the entity had a 0.0994 % return per unit of risk over the last 3 months. By evaluating Indal Aluminium's technical indicators, you can evaluate if the expected return of 0.95% is justified by implied risk. Please utilize Indal Aluminium's Downside Deviation of 5.71, risk adjusted performance of 0.0839, and Market Risk Adjusted Performance of 1.6 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Indal Aluminium holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Indal Aluminium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Indal Aluminium is expected to be smaller as well. Please check Indal Aluminium's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Indal Aluminium's current trending patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Indal Aluminium Industry has weak reverse predictability. Overlapping area represents the amount of predictability between Indal Aluminium 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 Indal Aluminium Industry price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Indal Aluminium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 1466.96 |
Indal Aluminium Industry lagged returns against current returns
Autocorrelation, which is Indal Aluminium 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 Indal Aluminium's stock expected returns. We can calculate the autocorrelation of Indal Aluminium returns to help us make a trade decision. For example, suppose you find that Indal Aluminium 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 |
Indal Aluminium 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 Indal Aluminium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indal Aluminium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indal Aluminium stock over time.
Current vs Lagged Prices |
| Timeline |
Indal Aluminium Lagged Returns
When evaluating Indal Aluminium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indal Aluminium stock have on its future price. Indal Aluminium 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, Indal Aluminium autocorrelation shows the relationship between Indal Aluminium stock current value and its past values and can show if there is a momentum factor associated with investing in Indal Aluminium Industry.
Regressed Prices |
| Timeline |
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Indal Aluminium financial ratios help investors to determine whether Indal 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 Indal with respect to the benefits of owning Indal Aluminium security.