Pelayaran Kurnia (Indonesia) Market Value
| KLAS Stock | 103.00 6.00 5.50% |
| Symbol | Pelayaran |
Pelayaran Kurnia '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 Pelayaran Kurnia'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 Pelayaran Kurnia.
| 11/25/2024 |
| 12/25/2024 |
If you would invest 0.00 in Pelayaran Kurnia on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Pelayaran Kurnia Lautan or generate 0.0% return on investment in Pelayaran Kurnia over 30 days.
Pelayaran Kurnia 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 Pelayaran Kurnia'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 Pelayaran Kurnia Lautan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.66 | |||
| Information Ratio | 0.0069 | |||
| Maximum Drawdown | 36.74 | |||
| Value At Risk | (6.13) | |||
| Potential Upside | 10.77 |
Pelayaran Kurnia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pelayaran Kurnia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pelayaran Kurnia's standard deviation. In reality, there are many statistical measures that can use Pelayaran Kurnia historical prices to predict the future Pelayaran Kurnia's volatility.| Risk Adjusted Performance | 0.0201 | |||
| Jensen Alpha | 0.1108 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0063 | |||
| Treynor Ratio | (0.08) |
Pelayaran Kurnia Lautan Backtested Returns
Pelayaran Kurnia Lautan maintains Sharpe Ratio (i.e., Efficiency) of -0.0116, which implies the firm had a -0.0116% return per unit of risk over the last 3 months. Pelayaran Kurnia Lautan exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pelayaran Kurnia's Coefficient Of Variation of 6992.45, semi deviation of 5.66, and Risk Adjusted Performance of 0.0201 to confirm the risk estimate we provide. The company holds a Beta of -0.98, which implies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Pelayaran Kurnia are expected to decrease slowly. On the other hand, during market turmoil, Pelayaran Kurnia is expected to outperform it slightly. At this point, Pelayaran Kurnia Lautan has a negative expected return of -0.0697%. Please make sure to check Pelayaran Kurnia's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Pelayaran Kurnia Lautan performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Pelayaran Kurnia Lautan has modest predictability. Overlapping area represents the amount of predictability between Pelayaran Kurnia time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pelayaran Kurnia Lautan price movement. The serial correlation of 0.51 indicates that about 51.0% of current Pelayaran Kurnia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 5.34 |
Pelayaran Kurnia Lautan lagged returns against current returns
Autocorrelation, which is Pelayaran Kurnia 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 Pelayaran Kurnia's stock expected returns. We can calculate the autocorrelation of Pelayaran Kurnia returns to help us make a trade decision. For example, suppose you find that Pelayaran Kurnia 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 |
Pelayaran Kurnia 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 Pelayaran Kurnia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pelayaran Kurnia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pelayaran Kurnia stock over time.
Current vs Lagged Prices |
| Timeline |
Pelayaran Kurnia Lagged Returns
When evaluating Pelayaran Kurnia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pelayaran Kurnia stock have on its future price. Pelayaran Kurnia 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, Pelayaran Kurnia autocorrelation shows the relationship between Pelayaran Kurnia stock current value and its past values and can show if there is a momentum factor associated with investing in Pelayaran Kurnia Lautan.
Regressed Prices |
| Timeline |
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