Kmi Wire (Indonesia) Market Value
| KBLI Stock | IDR 364.00 4.00 1.09% |
| Symbol | Kmi |
Kmi Wire '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 Kmi Wire'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 Kmi Wire.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Kmi Wire on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Kmi Wire And or generate 0.0% return on investment in Kmi Wire over 30 days. Kmi Wire is related to or competes with Kabelindo Murni, Jembo Cable, Gajah Tunggal, Indospring Tbk, and Selamat Sempurna. PT KMI Wire and Cable Tbk manufactures and sells various power cables in Indonesia More
Kmi Wire 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 Kmi Wire'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 Kmi Wire And upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.51 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 3.19 |
Kmi Wire Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kmi Wire's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kmi Wire's standard deviation. In reality, there are many statistical measures that can use Kmi Wire historical prices to predict the future Kmi Wire's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (2.31) |
Kmi Wire And Backtested Returns
Kmi Wire And has Sharpe Ratio of -0.0278, which conveys that the firm had a -0.0278 % return per unit of risk over the last 3 months. Kmi Wire exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kmi Wire's Standard Deviation of 1.64, mean deviation of 1.02, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0438, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kmi Wire's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kmi Wire is expected to be smaller as well. At this point, Kmi Wire And has a negative expected return of -0.0432%. Please make sure to verify Kmi Wire's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Kmi Wire And performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
Kmi Wire And has below average predictability. Overlapping area represents the amount of predictability between Kmi Wire time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Kmi Wire And price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Kmi Wire price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 6.02 |
Kmi Wire And lagged returns against current returns
Autocorrelation, which is Kmi Wire 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 Kmi Wire's stock expected returns. We can calculate the autocorrelation of Kmi Wire returns to help us make a trade decision. For example, suppose you find that Kmi Wire 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 |
Kmi Wire 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 Kmi Wire stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kmi Wire stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kmi Wire stock over time.
Current vs Lagged Prices |
| Timeline |
Kmi Wire Lagged Returns
When evaluating Kmi Wire's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kmi Wire stock have on its future price. Kmi Wire 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, Kmi Wire autocorrelation shows the relationship between Kmi Wire stock current value and its past values and can show if there is a momentum factor associated with investing in Kmi Wire And.
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 Kmi Stock
Kmi Wire financial ratios help investors to determine whether Kmi 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 Kmi with respect to the benefits of owning Kmi Wire security.