Kino Indonesia (Indonesia) Market Value
| KINO Stock | IDR 1,150 15.00 1.29% |
| Symbol | Kino |
Kino Indonesia '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 Kino Indonesia'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 Kino Indonesia.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Kino Indonesia on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Kino Indonesia Tbk or generate 0.0% return on investment in Kino Indonesia over 90 days. Kino Indonesia is related to or competes with Nippon Indosari, Mitra Keluarga, Buyung Poetra, Sariguna Primatirta, and Mayora Indah. More
Kino Indonesia 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 Kino Indonesia'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 Kino Indonesia Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0227 | |||
| Maximum Drawdown | 7.85 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.07 |
Kino Indonesia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kino Indonesia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kino Indonesia's standard deviation. In reality, there are many statistical measures that can use Kino Indonesia historical prices to predict the future Kino Indonesia's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.0946 | |||
| Treynor Ratio | 7.48 |
Kino Indonesia Tbk Backtested Returns
Kino Indonesia Tbk has Sharpe Ratio of -0.043, which conveys that the firm had a -0.043 % return per unit of risk over the last 3 months. Kino Indonesia exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kino Indonesia's Standard Deviation of 1.38, risk adjusted performance of (0.04), and Mean Deviation of 0.8523 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0104, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kino Indonesia are expected to decrease at a much lower rate. During the bear market, Kino Indonesia is likely to outperform the market. At this point, Kino Indonesia Tbk has a negative expected return of -0.0629%. Please make sure to verify Kino Indonesia's treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if Kino Indonesia Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Kino Indonesia Tbk has virtually no predictability. Overlapping area represents the amount of predictability between Kino Indonesia time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Kino Indonesia Tbk price movement. The serial correlation of 0.03 indicates that only 3.0% of current Kino Indonesia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 167.28 |
Kino Indonesia Tbk lagged returns against current returns
Autocorrelation, which is Kino Indonesia 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 Kino Indonesia's stock expected returns. We can calculate the autocorrelation of Kino Indonesia returns to help us make a trade decision. For example, suppose you find that Kino Indonesia 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 |
Kino Indonesia 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 Kino Indonesia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kino Indonesia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kino Indonesia stock over time.
Current vs Lagged Prices |
| Timeline |
Kino Indonesia Lagged Returns
When evaluating Kino Indonesia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kino Indonesia stock have on its future price. Kino Indonesia 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, Kino Indonesia autocorrelation shows the relationship between Kino Indonesia stock current value and its past values and can show if there is a momentum factor associated with investing in Kino Indonesia Tbk.
Regressed Prices |
| Timeline |
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Kino Indonesia financial ratios help investors to determine whether Kino 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 Kino with respect to the benefits of owning Kino Indonesia security.