PT Primadaya (Indonesia) Market Value
| PDPP Stock | 498.00 7.00 1.39% |
| Symbol | PDPP |
PT Primadaya '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 PT Primadaya'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 PT Primadaya.
| 01/18/2023 |
| 01/07/2025 |
If you would invest 0.00 in PT Primadaya on January 18, 2023 and sell it all today you would earn a total of 0.00 from holding PT Primadaya Plastisindo or generate 0.0% return on investment in PT Primadaya over 720 days. PT Primadaya is related to or competes with Lotte Chemical, Agro Yasa, Era Mandiri, Jasnita Telekomindo, and MNC Vision. More
PT Primadaya 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 PT Primadaya'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 PT Primadaya Plastisindo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 23.39 | |||
| Value At Risk | (4.88) | |||
| Potential Upside | 3.57 |
PT Primadaya Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Primadaya's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Primadaya's standard deviation. In reality, there are many statistical measures that can use PT Primadaya historical prices to predict the future PT Primadaya's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.40) |
PT Primadaya Plastisindo Backtested Returns
PT Primadaya Plastisindo retains Efficiency (Sharpe Ratio) of -0.25, which implies the firm had a -0.25% return per unit of price deviation over the last 3 months. PT Primadaya exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Primadaya's information ratio of (0.05), and Market Risk Adjusted Performance of (0.39) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PT Primadaya's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Primadaya is expected to be smaller as well. At this point, PT Primadaya Plastisindo has a negative expected return of -0.57%. Please make sure to check PT Primadaya's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if PT Primadaya Plastisindo performance from the past will be repeated at some future date.
Auto-correlation | 0.10 |
Insignificant predictability
PT Primadaya Plastisindo has insignificant predictability. Overlapping area represents the amount of predictability between PT Primadaya time series from 18th of January 2023 to 13th of January 2024 and 13th of January 2024 to 7th 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 PT Primadaya Plastisindo price movement. The serial correlation of 0.1 indicates that less than 10.0% of current PT Primadaya price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 6082.5 |
PT Primadaya Plastisindo lagged returns against current returns
Autocorrelation, which is PT Primadaya 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 PT Primadaya's stock expected returns. We can calculate the autocorrelation of PT Primadaya returns to help us make a trade decision. For example, suppose you find that PT Primadaya 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 |
PT Primadaya 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 PT Primadaya stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Primadaya stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Primadaya stock over time.
Current vs Lagged Prices |
| Timeline |
PT Primadaya Lagged Returns
When evaluating PT Primadaya's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Primadaya stock have on its future price. PT Primadaya 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, PT Primadaya autocorrelation shows the relationship between PT Primadaya stock current value and its past values and can show if there is a momentum factor associated with investing in PT Primadaya Plastisindo.
Regressed Prices |
| Timeline |
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PT Primadaya financial ratios help investors to determine whether PDPP 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 PDPP with respect to the benefits of owning PT Primadaya security.