Star Pacific (Indonesia) Market Value
| LPLI Stock | IDR 244.00 4.00 1.61% |
| Symbol | Star |
Star Pacific '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 Star Pacific'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 Star Pacific.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Star Pacific on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Star Pacific Tbk or generate 0.0% return on investment in Star Pacific over 30 days. Star Pacific is related to or competes with Lenox Pasifik, Multipolar Tbk, Lautan Luas, Metrodata Electronics, and Multi Indocitra. More
Star Pacific 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 Star Pacific'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 Star Pacific Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 9.17 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 4.07 |
Star Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Star Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Star Pacific's standard deviation. In reality, there are many statistical measures that can use Star Pacific historical prices to predict the future Star Pacific's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.7513 |
Star Pacific Tbk Backtested Returns
Star Pacific Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1 % return per unit of risk over the last 3 months. Star Pacific Tbk exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Star Pacific's Variance of 6.0, risk adjusted performance of (0.08), and Coefficient Of Variation of (976.19) to confirm the risk estimate we provide. The entity has a beta of -0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Star Pacific are expected to decrease at a much lower rate. During the bear market, Star Pacific is likely to outperform the market. At this point, Star Pacific Tbk has a negative expected return of -0.25%. Please make sure to validate Star Pacific's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Star Pacific Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.23 |
Weak reverse predictability
Star Pacific Tbk has weak reverse predictability. Overlapping area represents the amount of predictability between Star Pacific time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd 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 Star Pacific Tbk price movement. The serial correlation of -0.23 indicates that over 23.0% of current Star Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 13.0 |
Star Pacific Tbk lagged returns against current returns
Autocorrelation, which is Star Pacific 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 Star Pacific's stock expected returns. We can calculate the autocorrelation of Star Pacific returns to help us make a trade decision. For example, suppose you find that Star Pacific 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 |
Star Pacific 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 Star Pacific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Star Pacific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Star Pacific stock over time.
Current vs Lagged Prices |
| Timeline |
Star Pacific Lagged Returns
When evaluating Star Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Star Pacific stock have on its future price. Star Pacific 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, Star Pacific autocorrelation shows the relationship between Star Pacific stock current value and its past values and can show if there is a momentum factor associated with investing in Star Pacific Tbk.
Regressed Prices |
| Timeline |
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Star Pacific financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Pacific security.