Jayamas Medica (Indonesia) Market Value
| OMED Stock | 166.00 1.00 0.60% |
| Symbol | Jayamas |
Jayamas Medica '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 Jayamas Medica'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 Jayamas Medica.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Jayamas Medica on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Jayamas Medica Industri or generate 0.0% return on investment in Jayamas Medica over 90 days. Jayamas Medica is related to or competes with Garuda Metalindo, Cisarua Mountain, Garudafood Putra, Krakatau Steel, Panin Financial, and Victoria Insurance. More
Jayamas Medica 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 Jayamas Medica'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 Jayamas Medica Industri upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0396 | |||
| Maximum Drawdown | 10.08 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 2.22 |
Jayamas Medica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jayamas Medica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jayamas Medica's standard deviation. In reality, there are many statistical measures that can use Jayamas Medica historical prices to predict the future Jayamas Medica's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.1444 | |||
| Treynor Ratio | 1.26 |
Jayamas Medica Industri Backtested Returns
Jayamas Medica Industri holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16 % return per unit of risk over the last 3 months. Jayamas Medica Industri exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jayamas Medica's Market Risk Adjusted Performance of 1.27, standard deviation of 1.41, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.056, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jayamas Medica are expected to decrease at a much lower rate. During the bear market, Jayamas Medica is likely to outperform the market. At this point, Jayamas Medica Industri has a negative expected return of -0.19%. Please make sure to check out Jayamas Medica's skewness, accumulation distribution, rate of daily change, as well as the relationship between the kurtosis and daily balance of power , to decide if Jayamas Medica Industri performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Jayamas Medica Industri has below average predictability. Overlapping area represents the amount of predictability between Jayamas Medica time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Jayamas Medica Industri price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Jayamas Medica price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 23.35 |
Jayamas Medica Industri lagged returns against current returns
Autocorrelation, which is Jayamas Medica 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 Jayamas Medica's stock expected returns. We can calculate the autocorrelation of Jayamas Medica returns to help us make a trade decision. For example, suppose you find that Jayamas Medica 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 |
Jayamas Medica 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 Jayamas Medica stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jayamas Medica stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jayamas Medica stock over time.
Current vs Lagged Prices |
| Timeline |
Jayamas Medica Lagged Returns
When evaluating Jayamas Medica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jayamas Medica stock have on its future price. Jayamas Medica 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, Jayamas Medica autocorrelation shows the relationship between Jayamas Medica stock current value and its past values and can show if there is a momentum factor associated with investing in Jayamas Medica Industri.
Regressed Prices |
| Timeline |
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Jayamas Medica financial ratios help investors to determine whether Jayamas 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 Jayamas with respect to the benefits of owning Jayamas Medica security.