PP Presisi (Indonesia) Market Value
| PPRE Stock | IDR 60.00 1.00 1.64% |
| Symbol | PPRE |
PP Presisi '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 PP Presisi'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 PP Presisi.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in PP Presisi on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding PP Presisi Tbk or generate 0.0% return on investment in PP Presisi over 30 days. PP Presisi is related to or competes with Wijaya Karya, PP Properti, Wijaya Karya, Soechi Lines, and Waskita Beton. More
PP Presisi 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 PP Presisi'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 PP Presisi Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 19.89 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 4.41 |
PP Presisi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PP Presisi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PP Presisi's standard deviation. In reality, there are many statistical measures that can use PP Presisi historical prices to predict the future PP Presisi's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | 0.774 |
PP Presisi Tbk Backtested Returns
PP Presisi Tbk retains Efficiency (Sharpe Ratio) of -0.14, which implies the firm had a -0.14% return per unit of price deviation over the last 3 months. PP Presisi exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PP Presisi's market risk adjusted performance of 0.784, and Information Ratio of (0.15) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.44, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PP Presisi are expected to decrease at a much lower rate. During the bear market, PP Presisi is likely to outperform the market. At this point, PP Presisi Tbk has a negative expected return of -0.41%. Please make sure to check PP Presisi's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if PP Presisi Tbk performance from the past will be repeated sooner or later.
Auto-correlation | 0.64 |
Good predictability
PP Presisi Tbk has good predictability. Overlapping area represents the amount of predictability between PP Presisi time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 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 PP Presisi Tbk price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current PP Presisi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 5.65 |
PP Presisi Tbk lagged returns against current returns
Autocorrelation, which is PP Presisi 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 PP Presisi's stock expected returns. We can calculate the autocorrelation of PP Presisi returns to help us make a trade decision. For example, suppose you find that PP Presisi 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 |
PP Presisi 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 PP Presisi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PP Presisi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PP Presisi stock over time.
Current vs Lagged Prices |
| Timeline |
PP Presisi Lagged Returns
When evaluating PP Presisi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PP Presisi stock have on its future price. PP Presisi 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, PP Presisi autocorrelation shows the relationship between PP Presisi stock current value and its past values and can show if there is a momentum factor associated with investing in PP Presisi Tbk.
Regressed Prices |
| Timeline |
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PP Presisi financial ratios help investors to determine whether PPRE 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 PPRE with respect to the benefits of owning PP Presisi security.