Telkom Indonesia (Germany) Market Value
| TCID Stock | 0.14 0.01 7.69% |
| Symbol | Telkom |
Telkom Indonesia '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 Telkom Indonesia'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 Telkom Indonesia.
| 10/23/2024 |
| 12/22/2024 |
If you would invest 0.00 in Telkom Indonesia on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Telkom Indonesia Tbk or generate 0.0% return on investment in Telkom Indonesia over 60 days. Telkom Indonesia is related to or competes with APPLIED MATERIALS, QBE Insurance, LIFENET INSURANCE, Compagnie Plastic, Insurance Australia, NEWELL RUBBERMAID, and ZURICH INSURANCE. More
Telkom Indonesia 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 Telkom Indonesia'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 Telkom Indonesia Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 33.04 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 7.14 |
Telkom Indonesia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Telkom Indonesia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Telkom Indonesia's standard deviation. In reality, there are many statistical measures that can use Telkom Indonesia historical prices to predict the future Telkom Indonesia's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.14) |
Telkom Indonesia Tbk Backtested Returns
Telkom Indonesia Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0376, which indicates the firm had a -0.0376% return per unit of risk over the last 3 months. Telkom Indonesia Tbk exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Telkom Indonesia's Risk Adjusted Performance of (0.01), coefficient of variation of (4,609), and Variance of 32.69 to confirm the risk estimate we provide. The entity has a beta of 0.99, which indicates possible diversification benefits within a given portfolio. Telkom Indonesia returns are very sensitive to returns on the market. As the market goes up or down, Telkom Indonesia is expected to follow. At this point, Telkom Indonesia Tbk has a negative expected return of -0.21%. Please make sure to validate Telkom Indonesia's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Telkom Indonesia Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
Telkom Indonesia Tbk has virtually no predictability. Overlapping area represents the amount of predictability between Telkom Indonesia time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd 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 Telkom Indonesia Tbk price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Telkom Indonesia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Telkom Indonesia Tbk lagged returns against current returns
Autocorrelation, which is Telkom Indonesia 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 Telkom Indonesia's stock expected returns. We can calculate the autocorrelation of Telkom Indonesia returns to help us make a trade decision. For example, suppose you find that Telkom Indonesia 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 |
Telkom Indonesia 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 Telkom Indonesia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Telkom Indonesia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Telkom Indonesia stock over time.
Current vs Lagged Prices |
| Timeline |
Telkom Indonesia Lagged Returns
When evaluating Telkom Indonesia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Telkom Indonesia stock have on its future price. Telkom Indonesia 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, Telkom Indonesia autocorrelation shows the relationship between Telkom Indonesia stock current value and its past values and can show if there is a momentum factor associated with investing in Telkom Indonesia Tbk.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Telkom Stock Analysis
When running Telkom Indonesia's price analysis, check to measure Telkom Indonesia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Telkom Indonesia is operating at the current time. Most of Telkom Indonesia's value examination focuses on studying past and present price action to predict the probability of Telkom Indonesia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telkom Indonesia's price. Additionally, you may evaluate how the addition of Telkom Indonesia to your portfolios can decrease your overall portfolio volatility.