Pyridam Farma (Indonesia) Market Value
| PYFA Stock | IDR 194.00 16.00 7.62% |
| Symbol | Pyridam |
Pyridam Farma '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 Pyridam Farma'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 Pyridam Farma.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Pyridam Farma on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Pyridam Farma Tbk or generate 0.0% return on investment in Pyridam Farma over 30 days. Pyridam Farma is related to or competes with Indofarma Tbk, Merck Tbk, Tempo Scan, Mustika Ratu, and Kimia Farma. More
Pyridam Farma 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 Pyridam Farma'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 Pyridam Farma Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 43.73 | |||
| Value At Risk | (8.47) | |||
| Potential Upside | 7.83 |
Pyridam Farma Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pyridam Farma's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pyridam Farma's standard deviation. In reality, there are many statistical measures that can use Pyridam Farma historical prices to predict the future Pyridam Farma's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.27) |
Pyridam Farma Tbk Backtested Returns
Pyridam Farma Tbk maintains Sharpe Ratio (i.e., Efficiency) of -0.0493, which implies the firm had a -0.0493 % return per unit of risk over the last 3 months. Pyridam Farma Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pyridam Farma's Coefficient Of Variation of (4,073), variance of 42.63, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The company holds a Beta of 0.62, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pyridam Farma's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pyridam Farma is expected to be smaller as well. At this point, Pyridam Farma Tbk has a negative expected return of -0.32%. Please make sure to check Pyridam Farma's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Pyridam Farma Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
Pyridam Farma Tbk has weak predictability. Overlapping area represents the amount of predictability between Pyridam Farma time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Pyridam Farma Tbk price movement. The serial correlation of 0.21 indicates that over 21.0% of current Pyridam Farma price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 106.56 |
Pyridam Farma Tbk lagged returns against current returns
Autocorrelation, which is Pyridam Farma 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 Pyridam Farma's stock expected returns. We can calculate the autocorrelation of Pyridam Farma returns to help us make a trade decision. For example, suppose you find that Pyridam Farma 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 |
Pyridam Farma 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 Pyridam Farma stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pyridam Farma stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pyridam Farma stock over time.
Current vs Lagged Prices |
| Timeline |
Pyridam Farma Lagged Returns
When evaluating Pyridam Farma's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pyridam Farma stock have on its future price. Pyridam Farma 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, Pyridam Farma autocorrelation shows the relationship between Pyridam Farma stock current value and its past values and can show if there is a momentum factor associated with investing in Pyridam Farma Tbk.
Regressed Prices |
| Timeline |
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Pyridam Farma financial ratios help investors to determine whether Pyridam 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 Pyridam with respect to the benefits of owning Pyridam Farma security.