Paninvest Tbk (Indonesia) Market Value
| PNIN Stock | IDR 1,065 5.00 0.47% |
| Symbol | Paninvest |
Paninvest Tbk '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 Paninvest Tbk'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 Paninvest Tbk.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Paninvest Tbk on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Paninvest Tbk or generate 0.0% return on investment in Paninvest Tbk over 30 days. Paninvest Tbk is related to or competes with Ace Hardware, Merdeka Copper, Mitra Pinasthika, Jakarta Int, Asuransi Harta, Indosterling Technomedia, and Indosat Tbk. PT Paninvest Tbk provides life insurance products in Indonesia More
Paninvest Tbk 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 Paninvest Tbk'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 Paninvest Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.37 | |||
| Information Ratio | 0.034 | |||
| Maximum Drawdown | 17.44 | |||
| Value At Risk | (4.02) | |||
| Potential Upside | 6.16 |
Paninvest Tbk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paninvest Tbk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Paninvest Tbk's standard deviation. In reality, there are many statistical measures that can use Paninvest Tbk historical prices to predict the future Paninvest Tbk's volatility.| Risk Adjusted Performance | 0.0667 | |||
| Jensen Alpha | 0.2405 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0455 | |||
| Treynor Ratio | (6.32) |
Paninvest Tbk Backtested Returns
As of now, Paninvest Stock is very steady. Paninvest Tbk maintains Sharpe Ratio (i.e., Efficiency) of 0.0501, which implies the firm had a 0.0501% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Paninvest Tbk, which you can use to evaluate the volatility of the company. Please check Paninvest Tbk's Semi Deviation of 2.09, coefficient of variation of 1293.93, and Risk Adjusted Performance of 0.0667 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Paninvest Tbk has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -0.0373, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Paninvest Tbk are expected to decrease at a much lower rate. During the bear market, Paninvest Tbk is likely to outperform the market. Paninvest Tbk right now holds a risk of 2.94%. Please check Paninvest Tbk sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Paninvest Tbk will be following its historical price patterns.
Auto-correlation | -0.55 |
Good reverse predictability
Paninvest Tbk has good reverse predictability. Overlapping area represents the amount of predictability between Paninvest Tbk 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 Paninvest Tbk price movement. The serial correlation of -0.55 indicates that about 55.0% of current Paninvest Tbk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 1100.25 |
Paninvest Tbk lagged returns against current returns
Autocorrelation, which is Paninvest Tbk 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 Paninvest Tbk's stock expected returns. We can calculate the autocorrelation of Paninvest Tbk returns to help us make a trade decision. For example, suppose you find that Paninvest Tbk 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 |
Paninvest Tbk 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 Paninvest Tbk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Paninvest Tbk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Paninvest Tbk stock over time.
Current vs Lagged Prices |
| Timeline |
Paninvest Tbk Lagged Returns
When evaluating Paninvest Tbk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Paninvest Tbk stock have on its future price. Paninvest Tbk 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, Paninvest Tbk autocorrelation shows the relationship between Paninvest Tbk stock current value and its past values and can show if there is a momentum factor associated with investing in Paninvest Tbk.
Regressed Prices |
| Timeline |
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Paninvest Tbk financial ratios help investors to determine whether Paninvest 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 Paninvest with respect to the benefits of owning Paninvest Tbk security.