Jasa Armada (Indonesia) Market Value
| IPCM Stock | IDR 264.00 2.00 0.75% |
| Symbol | Jasa |
Jasa Armada '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 Jasa Armada'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 Jasa Armada.
| 01/23/2022 |
| 01/07/2025 |
If you would invest 0.00 in Jasa Armada on January 23, 2022 and sell it all today you would earn a total of 0.00 from holding Jasa Armada Indonesia or generate 0.0% return on investment in Jasa Armada over 1080 days. Jasa Armada is related to or competes with PT Indonesia, PP Presisi, Cikarang Listrindo, Pelita Samudera, and Hartadinata Abadi. More
Jasa Armada 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 Jasa Armada'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 Jasa Armada Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.06 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.7456 |
Jasa Armada Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jasa Armada's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jasa Armada's standard deviation. In reality, there are many statistical measures that can use Jasa Armada historical prices to predict the future Jasa Armada's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.5581 |
Jasa Armada Indonesia Backtested Returns
Jasa Armada Indonesia holds Efficiency (Sharpe) Ratio of -0.0189, which attests that the entity had a -0.0189% return per unit of risk over the last 3 months. Jasa Armada Indonesia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jasa Armada's Standard Deviation of 0.6248, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of 0.5681 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0367, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jasa Armada are expected to decrease at a much lower rate. During the bear market, Jasa Armada is likely to outperform the market. At this point, Jasa Armada Indonesia has a negative expected return of -0.0119%. Please make sure to check out Jasa Armada's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Jasa Armada Indonesia performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.23 |
Weak reverse predictability
Jasa Armada Indonesia has weak reverse predictability. Overlapping area represents the amount of predictability between Jasa Armada time series from 23rd of January 2022 to 17th of July 2023 and 17th of July 2023 to 7th of January 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 Jasa Armada Indonesia price movement. The serial correlation of -0.23 indicates that over 23.0% of current Jasa Armada price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 16.43 |
Jasa Armada Indonesia lagged returns against current returns
Autocorrelation, which is Jasa Armada 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 Jasa Armada's stock expected returns. We can calculate the autocorrelation of Jasa Armada returns to help us make a trade decision. For example, suppose you find that Jasa Armada 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 |
Jasa Armada 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 Jasa Armada stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jasa Armada stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jasa Armada stock over time.
Current vs Lagged Prices |
| Timeline |
Jasa Armada Lagged Returns
When evaluating Jasa Armada's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jasa Armada stock have on its future price. Jasa Armada 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, Jasa Armada autocorrelation shows the relationship between Jasa Armada stock current value and its past values and can show if there is a momentum factor associated with investing in Jasa Armada Indonesia.
Regressed Prices |
| Timeline |
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Jasa Armada financial ratios help investors to determine whether Jasa 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 Jasa with respect to the benefits of owning Jasa Armada security.