Palma Serasih (Indonesia) Market Value
| PSGO Stock | IDR 194.00 2.00 1.02% |
| Symbol | Palma |
Palma Serasih '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 Palma Serasih'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 Palma Serasih.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Palma Serasih on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Palma Serasih PT or generate 0.0% return on investment in Palma Serasih over 30 days. Palma Serasih is related to or competes with Mahkota Group, Provident Agro, Putra Mandiri, Cisadane Sawit, and Pt Pradiksi. PT Palma Serasih Tbk engages in the palm oil plantation and processing in Indonesia More
Palma Serasih 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 Palma Serasih'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 Palma Serasih PT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.126 | |||
| Maximum Drawdown | 9.77 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 4.0 |
Palma Serasih Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Palma Serasih's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Palma Serasih's standard deviation. In reality, there are many statistical measures that can use Palma Serasih historical prices to predict the future Palma Serasih's volatility.| Risk Adjusted Performance | 0.1291 | |||
| Jensen Alpha | 0.4373 | |||
| Total Risk Alpha | 0.0941 | |||
| Sortino Ratio | 0.155 | |||
| Treynor Ratio | (0.69) |
Palma Serasih PT Backtested Returns
Palma Serasih appears to be very steady, given 3 months investment horizon. Palma Serasih PT maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Palma Serasih PT, which you can use to evaluate the volatility of the company. Please evaluate Palma Serasih's Semi Deviation of 1.37, coefficient of variation of 593.69, and Risk Adjusted Performance of 0.1291 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Palma Serasih holds a performance score of 14. The company holds a Beta of -0.56, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Palma Serasih are expected to decrease at a much lower rate. During the bear market, Palma Serasih is likely to outperform the market. Please check Palma Serasih's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Palma Serasih's historical price patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
Palma Serasih PT has modest predictability. Overlapping area represents the amount of predictability between Palma Serasih time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Palma Serasih PT price movement. The serial correlation of 0.55 indicates that about 55.0% of current Palma Serasih price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 215.11 |
Palma Serasih PT lagged returns against current returns
Autocorrelation, which is Palma Serasih 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 Palma Serasih's stock expected returns. We can calculate the autocorrelation of Palma Serasih returns to help us make a trade decision. For example, suppose you find that Palma Serasih 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 |
Palma Serasih 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 Palma Serasih stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Palma Serasih stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Palma Serasih stock over time.
Current vs Lagged Prices |
| Timeline |
Palma Serasih Lagged Returns
When evaluating Palma Serasih's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Palma Serasih stock have on its future price. Palma Serasih 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, Palma Serasih autocorrelation shows the relationship between Palma Serasih stock current value and its past values and can show if there is a momentum factor associated with investing in Palma Serasih PT.
Regressed Prices |
| Timeline |
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Palma Serasih financial ratios help investors to determine whether Palma 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 Palma with respect to the benefits of owning Palma Serasih security.