PT Jasa (Indonesia) Market Value
| LAJU Stock | 50.00 0.00 0.00% |
| Symbol | LAJU |
Please note, there is a significant difference between PT Jasa's value and its price as these two are different measures arrived at by different means. Investors typically determine if PT Jasa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PT Jasa's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
PT Jasa '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 PT Jasa'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 PT Jasa.
| 02/19/2024 |
| 05/19/2024 |
If you would invest 0.00 in PT Jasa on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding PT Jasa Berdikari or generate 0.0% return on investment in PT Jasa over 90 days. PT Jasa is related to or competes with Dyandra Media, Intermedia Capital, Smartfren Telecom, Optima Prima, Merdeka Copper, and PT Bank. More
PT Jasa 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 PT Jasa'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 PT Jasa Berdikari upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 14.42 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 2.0 |
PT Jasa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Jasa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Jasa's standard deviation. In reality, there are many statistical measures that can use PT Jasa historical prices to predict the future PT Jasa's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.35) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PT Jasa'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.
PT Jasa Berdikari Backtested Returns
PT Jasa Berdikari retains Efficiency (Sharpe Ratio) of -0.06, which implies the firm had a -0.06% return per unit of price deviation over the last 3 months. PT Jasa exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Jasa's information ratio of (0.11), and Market Risk Adjusted Performance of (0.34) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PT Jasa's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Jasa is expected to be smaller as well. PT Jasa Berdikari has an expected return of -0.12%. Please make sure to check PT Jasa Berdikari mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if PT Jasa Berdikari performance from the past will be repeated at some future date.
Auto-correlation | 0.33 |
Below average predictability
PT Jasa Berdikari has below average predictability. Overlapping area represents the amount of predictability between PT Jasa time series from 19th of February 2024 to 4th of April 2024 and 4th of April 2024 to 19th of May 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 PT Jasa Berdikari price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current PT Jasa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
PT Jasa Berdikari lagged returns against current returns
Autocorrelation, which is PT Jasa 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 PT Jasa's stock expected returns. We can calculate the autocorrelation of PT Jasa returns to help us make a trade decision. For example, suppose you find that PT Jasa 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 |
PT Jasa 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 PT Jasa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Jasa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Jasa stock over time.
Current vs Lagged Prices |
| Timeline |
PT Jasa Lagged Returns
When evaluating PT Jasa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Jasa stock have on its future price. PT Jasa 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, PT Jasa autocorrelation shows the relationship between PT Jasa stock current value and its past values and can show if there is a momentum factor associated with investing in PT Jasa Berdikari.
Regressed Prices |
| Timeline |
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Check out PT Jasa Correlation, PT Jasa Volatility and PT Jasa Alpha and Beta module to complement your research on PT Jasa. 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 LAJU Stock analysis
When running PT Jasa's price analysis, check to measure PT Jasa'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 PT Jasa is operating at the current time. Most of PT Jasa's value examination focuses on studying past and present price action to predict the probability of PT Jasa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PT Jasa's price. Additionally, you may evaluate how the addition of PT Jasa to your portfolios can decrease your overall portfolio volatility.
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PT Jasa 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.