Panin Financial (Indonesia) Market Value
| PNLF Stock | IDR 362.00 26.00 6.70% |
| Symbol | Panin |
Panin Financial '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 Panin Financial'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 Panin Financial.
| 05/01/2024 |
| 05/31/2024 |
If you would invest 0.00 in Panin Financial on May 1, 2024 and sell it all today you would earn a total of 0.00 from holding Panin Financial Tbk or generate 0.0% return on investment in Panin Financial over 30 days. Panin Financial is related to or competes with Indosat Tbk, Astra Agro, and Indocement Tunggal. More
Panin Financial 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 Panin Financial'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 Panin Financial Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.35 | |||
| Information Ratio | 0.1793 | |||
| Maximum Drawdown | 21.36 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 5.63 |
Panin Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panin Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panin Financial's standard deviation. In reality, there are many statistical measures that can use Panin Financial historical prices to predict the future Panin Financial's volatility.| Risk Adjusted Performance | 0.1208 | |||
| Jensen Alpha | 0.7005 | |||
| Total Risk Alpha | 0.6033 | |||
| Sortino Ratio | 0.287 | |||
| Treynor Ratio | (0.70) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Panin Financial'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.
Panin Financial Tbk Backtested Returns
Panin Financial appears to be very steady, given 3 months investment horizon. Panin Financial Tbk 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. By analyzing Panin Financial's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please evaluate Panin Financial's Semi Deviation of 1.71, risk adjusted performance of 0.1208, and Coefficient Of Variation of 538.76 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Panin Financial holds a performance score of 14. The company holds a Beta of -0.99, which implies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Panin Financial are expected to decrease slowly. On the other hand, during market turmoil, Panin Financial is expected to outperform it slightly. Please check Panin Financial'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 Panin Financial's historical price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Panin Financial Tbk has no correlation between past and present. Overlapping area represents the amount of predictability between Panin Financial time series from 1st of May 2024 to 16th of May 2024 and 16th of May 2024 to 31st 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 Panin Financial Tbk price movement. The serial correlation of 0.0 indicates that just 0.0% of current Panin Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1529.58 |
Panin Financial Tbk lagged returns against current returns
Autocorrelation, which is Panin Financial 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 Panin Financial's stock expected returns. We can calculate the autocorrelation of Panin Financial returns to help us make a trade decision. For example, suppose you find that Panin Financial 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 |
Panin Financial 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 Panin Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panin Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panin Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Panin Financial Lagged Returns
When evaluating Panin Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panin Financial stock have on its future price. Panin Financial 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, Panin Financial autocorrelation shows the relationship between Panin Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Panin Financial Tbk.
Regressed Prices |
| Timeline |
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Check out Panin Financial Correlation, Panin Financial Volatility and Panin Financial Alpha and Beta module to complement your research on Panin Financial. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Panin Stock analysis
When running Panin Financial's price analysis, check to measure Panin Financial'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 Panin Financial is operating at the current time. Most of Panin Financial's value examination focuses on studying past and present price action to predict the probability of Panin Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Panin Financial's price. Additionally, you may evaluate how the addition of Panin Financial to your portfolios can decrease your overall portfolio volatility.
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Panin Financial 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.