Asia Pacific (Indonesia) Market Value
| MYTX Stock | IDR 36.00 0.00 0.00% |
| Symbol | Asia |
Asia 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 Asia 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 Asia Pacific.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Asia Pacific on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Asia Pacific Investama or generate 0.0% return on investment in Asia Pacific over 360 days. Asia Pacific is related to or competes with Jakarta Int, Asuransi Harta, Indosterling Technomedia, Indosat Tbk, Bank Negara, PT Kusuma, and Capital Financial. PT Asia Pacific Investama Tbk operates as a garments company in Indonesia, Africa, the United States, Asia, Australia, a... More
Asia 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 Asia 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 Asia Pacific Investama upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.24 | |||
| Information Ratio | 0.0635 | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 7.69 |
Asia Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asia Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asia Pacific's standard deviation. In reality, there are many statistical measures that can use Asia Pacific historical prices to predict the future Asia Pacific's volatility.| Risk Adjusted Performance | 0.0859 | |||
| Jensen Alpha | 0.2791 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0279 | |||
| Treynor Ratio | 0.9721 |
Asia Pacific Investama Backtested Returns
Asia Pacific appears to be not too volatile, given 3 months investment horizon. Asia Pacific Investama secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Asia Pacific Investama, which you can use to evaluate the volatility of the firm. Please makes use of Asia Pacific's Risk Adjusted Performance of 0.0859, mean deviation of 1.62, and Downside Deviation of 7.24 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Asia Pacific holds a performance score of 8. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asia Pacific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asia Pacific is expected to be smaller as well. Please check Asia Pacific's treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether Asia Pacific's price patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Asia Pacific Investama has weak reverse predictability. Overlapping area represents the amount of predictability between Asia Pacific time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Asia Pacific Investama price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Asia Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 86.12 |
Asia Pacific Investama lagged returns against current returns
Autocorrelation, which is Asia 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 Asia Pacific's stock expected returns. We can calculate the autocorrelation of Asia Pacific returns to help us make a trade decision. For example, suppose you find that Asia 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 |
Asia 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 Asia Pacific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asia Pacific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asia Pacific stock over time.
Current vs Lagged Prices |
| Timeline |
Asia Pacific Lagged Returns
When evaluating Asia Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asia Pacific stock have on its future price. Asia 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, Asia Pacific autocorrelation shows the relationship between Asia Pacific stock current value and its past values and can show if there is a momentum factor associated with investing in Asia Pacific Investama.
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 Asia Stock
Asia Pacific financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Pacific security.