Indika Energy (Indonesia) Market Value
| INDY Stock | IDR 1,430 30.00 2.14% |
| Symbol | Indika |
Indika Energy '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 Indika Energy'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 Indika Energy.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Indika Energy on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Indika Energy Tbk or generate 0.0% return on investment in Indika Energy over 30 days. Indika Energy is related to or competes with Indo Tambangraya, Adaro Energy, Medco Energi, Vale Indonesia, and Elnusa Tbk. Indika Energy Tbk operates as an integrated energy company in Indonesia More
Indika Energy 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 Indika Energy'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 Indika Energy Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | 0.0077 | |||
| Maximum Drawdown | 13.74 | |||
| Value At Risk | (4.56) | |||
| Potential Upside | 5.61 |
Indika Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indika Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indika Energy's standard deviation. In reality, there are many statistical measures that can use Indika Energy historical prices to predict the future Indika Energy's volatility.| Risk Adjusted Performance | 0.014 | |||
| Jensen Alpha | 0.0145 | |||
| Total Risk Alpha | 0.0418 | |||
| Sortino Ratio | 0.0083 | |||
| Treynor Ratio | (0.07) |
Indika Energy Tbk Backtested Returns
As of now, Indika Stock is very steady. Indika Energy Tbk holds Efficiency (Sharpe) Ratio of 0.0172, which attests that the entity had a 0.0172 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Indika Energy Tbk, which you can use to evaluate the volatility of the firm. Please check out Indika Energy's Risk Adjusted Performance of 0.014, downside deviation of 2.69, and Market Risk Adjusted Performance of (0.06) to validate if the risk estimate we provide is consistent with the expected return of 0.054%. Indika Energy has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Indika Energy are expected to decrease at a much lower rate. During the bear market, Indika Energy is likely to outperform the market. Indika Energy Tbk right now retains a risk of 3.14%. Please check out Indika Energy coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Indika Energy will be following its current trending patterns.
Auto-correlation | 0.01 |
Virtually no predictability
Indika Energy Tbk has virtually no predictability. Overlapping area represents the amount of predictability between Indika Energy time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th 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 Indika Energy Tbk price movement. The serial correlation of 0.01 indicates that just 1.0% of current Indika Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 4757.25 |
Indika Energy Tbk lagged returns against current returns
Autocorrelation, which is Indika Energy 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 Indika Energy's stock expected returns. We can calculate the autocorrelation of Indika Energy returns to help us make a trade decision. For example, suppose you find that Indika Energy 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 |
Indika Energy 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 Indika Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indika Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indika Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Indika Energy Lagged Returns
When evaluating Indika Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indika Energy stock have on its future price. Indika Energy 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, Indika Energy autocorrelation shows the relationship between Indika Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Indika Energy Tbk.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Indika Stock
Indika Energy financial ratios help investors to determine whether Indika 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 Indika with respect to the benefits of owning Indika Energy security.