Armidian Karyatama (Indonesia) Market Value
| ARMY Stock | IDR 50.00 0.00 0.00% |
| Symbol | Armidian |
Armidian Karyatama '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 Armidian Karyatama'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 Armidian Karyatama.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Armidian Karyatama on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Armidian Karyatama Tbk or generate 0.0% return on investment in Armidian Karyatama over 30 days. Armidian Karyatama is related to or competes with Tiphone Mobile, Indofood Cbp, PT Jobubu, Indorama Synthetics, Communication Cable, Metro Healthcare, and Lotte Chemical. PT Armidian Karyatama Tbk develops and sells residential and commercial properties in Indonesia More
Armidian Karyatama 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 Armidian Karyatama'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 Armidian Karyatama Tbk upside and downside potential and time the market with a certain degree of confidence.
Armidian Karyatama Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Armidian Karyatama's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Armidian Karyatama's standard deviation. In reality, there are many statistical measures that can use Armidian Karyatama historical prices to predict the future Armidian Karyatama's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Armidian Karyatama's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Armidian Karyatama Tbk Backtested Returns
We have found three technical indicators for Armidian Karyatama Tbk, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Armidian Karyatama are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Armidian Karyatama Tbk has no correlation between past and present. Overlapping area represents the amount of predictability between Armidian Karyatama time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Armidian Karyatama Tbk price movement. The serial correlation of 0.0 indicates that just 0.0% of current Armidian Karyatama price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Armidian Karyatama Tbk lagged returns against current returns
Autocorrelation, which is Armidian Karyatama 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 Armidian Karyatama's stock expected returns. We can calculate the autocorrelation of Armidian Karyatama returns to help us make a trade decision. For example, suppose you find that Armidian Karyatama 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 |
Armidian Karyatama 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 Armidian Karyatama stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Armidian Karyatama stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Armidian Karyatama stock over time.
Current vs Lagged Prices |
| Timeline |
Armidian Karyatama Lagged Returns
When evaluating Armidian Karyatama's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Armidian Karyatama stock have on its future price. Armidian Karyatama 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, Armidian Karyatama autocorrelation shows the relationship between Armidian Karyatama stock current value and its past values and can show if there is a momentum factor associated with investing in Armidian Karyatama Tbk.
Regressed Prices |
| Timeline |
Pair Trading with Armidian Karyatama
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Armidian Karyatama position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Armidian Karyatama will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Armidian Karyatama could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Armidian Karyatama when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Armidian Karyatama - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Armidian Karyatama Tbk to buy it.
The correlation of Armidian Karyatama is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Armidian Karyatama moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Armidian Karyatama Tbk moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Armidian Karyatama can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Armidian Karyatama Correlation, Armidian Karyatama Volatility and Armidian Karyatama Alpha and Beta module to complement your research on Armidian Karyatama. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Armidian Stock analysis
When running Armidian Karyatama's price analysis, check to measure Armidian Karyatama'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 Armidian Karyatama is operating at the current time. Most of Armidian Karyatama's value examination focuses on studying past and present price action to predict the probability of Armidian Karyatama's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Armidian Karyatama's price. Additionally, you may evaluate how the addition of Armidian Karyatama to your portfolios can decrease your overall portfolio volatility.
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Armidian Karyatama technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.