Kresna Graha (Indonesia) Market Value
| KREN Stock | IDR 6.00 1.00 14.29% |
| Symbol | Kresna |
Kresna Graha '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 Kresna Graha'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 Kresna Graha.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Kresna Graha on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Kresna Graha Investama or generate 0.0% return on investment in Kresna Graha over 360 days. Kresna Graha is related to or competes with Mnc Land, Nusantara Infrastructure, Lenox Pasifik, Mandala Multifinance, and Panin Sekuritas. PT Kresna Graha Investama Tbk, together with its subsidiaries, operates in financial and investment, and technology and ... More
Kresna Graha 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 Kresna Graha'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 Kresna Graha Investama upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 30.95 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 14.29 |
Kresna Graha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kresna Graha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kresna Graha's standard deviation. In reality, there are many statistical measures that can use Kresna Graha historical prices to predict the future Kresna Graha's volatility.| Risk Adjusted Performance | 0.0023 | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (1.51) | |||
| Treynor Ratio | (0.25) |
Kresna Graha Investama Backtested Returns
Kresna Graha Investama has Sharpe Ratio of -0.0564, which conveys that the firm had a -0.0564% return per unit of risk over the last 3 months. Kresna Graha exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kresna Graha's Standard Deviation of 8.55, mean deviation of 5.71, and Risk Adjusted Performance of 0.0023 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kresna Graha's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kresna Graha is expected to be smaller as well. At this point, Kresna Graha Investama has a negative expected return of -0.47%. Please make sure to verify Kresna Graha's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if Kresna Graha Investama performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
Kresna Graha Investama has poor reverse predictability. Overlapping area represents the amount of predictability between Kresna Graha time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 Kresna Graha Investama price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Kresna Graha price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 2.71 |
Kresna Graha Investama lagged returns against current returns
Autocorrelation, which is Kresna Graha 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 Kresna Graha's stock expected returns. We can calculate the autocorrelation of Kresna Graha returns to help us make a trade decision. For example, suppose you find that Kresna Graha 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 |
Kresna Graha 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 Kresna Graha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kresna Graha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kresna Graha stock over time.
Current vs Lagged Prices |
| Timeline |
Kresna Graha Lagged Returns
When evaluating Kresna Graha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kresna Graha stock have on its future price. Kresna Graha 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, Kresna Graha autocorrelation shows the relationship between Kresna Graha stock current value and its past values and can show if there is a momentum factor associated with investing in Kresna Graha Investama.
Regressed Prices |
| Timeline |
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Kresna Graha financial ratios help investors to determine whether Kresna 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 Kresna with respect to the benefits of owning Kresna Graha security.