Indonesia Prima (Indonesia) Market Value
| OMRE Stock | IDR 412.00 0.00 0.00% |
| Symbol | Indonesia |
Indonesia Prima '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 Indonesia Prima'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 Indonesia Prima.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Indonesia Prima on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Indonesia Prima Property or generate 0.0% return on investment in Indonesia Prima over 30 days. Indonesia Prima is related to or competes with Pikko Land, Suryamas Dutamakmur, Ristia Bintang, Pudjiadi Prestige, and Mnc Land. PT Indonesia Prima Property Tbk, together with its subsidiaries, operates in the property sector in Indonesia More
Indonesia Prima 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 Indonesia Prima'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 Indonesia Prima Property upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 6.46 | |||
| Value At Risk | (0.50) |
Indonesia Prima Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indonesia Prima's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indonesia Prima's standard deviation. In reality, there are many statistical measures that can use Indonesia Prima historical prices to predict the future Indonesia Prima's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.94) |
Indonesia Prima Property Backtested Returns
Indonesia Prima Property holds Efficiency (Sharpe) Ratio of -0.0287, which attests that the entity had a -0.0287% return per unit of risk over the last 3 months. Indonesia Prima Property exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indonesia Prima's Market Risk Adjusted Performance of (0.93), standard deviation of 0.8984, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0376, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Indonesia Prima's returns are expected to increase less than the market. However, during the bear market, the loss of holding Indonesia Prima is expected to be smaller as well. At this point, Indonesia Prima Property has a negative expected return of -0.0264%. Please make sure to check out Indonesia Prima's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if Indonesia Prima Property performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Indonesia Prima Property has no correlation between past and present. Overlapping area represents the amount of predictability between Indonesia Prima time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Indonesia Prima Property price movement. The serial correlation of 0.0 indicates that just 0.0% of current Indonesia Prima price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Indonesia Prima Property lagged returns against current returns
Autocorrelation, which is Indonesia Prima 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 Indonesia Prima's stock expected returns. We can calculate the autocorrelation of Indonesia Prima returns to help us make a trade decision. For example, suppose you find that Indonesia Prima 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 |
Indonesia Prima 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 Indonesia Prima stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indonesia Prima stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indonesia Prima stock over time.
Current vs Lagged Prices |
| Timeline |
Indonesia Prima Lagged Returns
When evaluating Indonesia Prima's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indonesia Prima stock have on its future price. Indonesia Prima 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, Indonesia Prima autocorrelation shows the relationship between Indonesia Prima stock current value and its past values and can show if there is a momentum factor associated with investing in Indonesia Prima Property.
Regressed Prices |
| Timeline |
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Indonesia Prima financial ratios help investors to determine whether Indonesia 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 Indonesia with respect to the benefits of owning Indonesia Prima security.