Panca Global (Indonesia) Market Value
| PEGE Stock | IDR 87.00 1.00 1.14% |
| Symbol | Panca |
Panca Global '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 Panca Global'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 Panca Global.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Panca Global on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Panca Global Securities or generate 0.0% return on investment in Panca Global over 30 days. Panca Global is related to or competes with Panin Sekuritas, Reliance Securities, Mandala Multifinance, Paninvest Tbk, and Maskapai Reasuransi. More
Panca Global 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 Panca Global'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 Panca Global Securities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 47.38 | |||
| Value At Risk | (6.82) | |||
| Potential Upside | 5.68 |
Panca Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panca Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panca Global's standard deviation. In reality, there are many statistical measures that can use Panca Global historical prices to predict the future Panca Global's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.94) | |||
| Total Risk Alpha | (1.48) | |||
| Treynor Ratio | (1.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Panca Global'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.
Panca Global Securities Backtested Returns
Panca Global Securities maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Panca Global Securities exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Panca Global's Variance of 31.86, risk adjusted performance of (0.09), and Coefficient Of Variation of (637.94) to confirm the risk estimate we provide. The company holds a Beta of 0.75, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Panca Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Panca Global is expected to be smaller as well. Panca Global Securities has an expected return of -0.93%. Please make sure to check Panca Global Securities total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Panca Global Securities performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Panca Global Securities has good reverse predictability. Overlapping area represents the amount of predictability between Panca Global time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th 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 Panca Global Securities price movement. The serial correlation of -0.55 indicates that about 55.0% of current Panca Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 3.44 |
Panca Global Securities lagged returns against current returns
Autocorrelation, which is Panca Global 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 Panca Global's stock expected returns. We can calculate the autocorrelation of Panca Global returns to help us make a trade decision. For example, suppose you find that Panca Global 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 |
Panca Global 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 Panca Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panca Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panca Global stock over time.
Current vs Lagged Prices |
| Timeline |
Panca Global Lagged Returns
When evaluating Panca Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panca Global stock have on its future price. Panca Global 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, Panca Global autocorrelation shows the relationship between Panca Global stock current value and its past values and can show if there is a momentum factor associated with investing in Panca Global Securities.
Regressed Prices |
| Timeline |
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Align your risk with return expectations
Check out Panca Global Correlation, Panca Global Volatility and Panca Global Alpha and Beta module to complement your research on Panca Global. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Panca Stock analysis
When running Panca Global's price analysis, check to measure Panca Global'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 Panca Global is operating at the current time. Most of Panca Global's value examination focuses on studying past and present price action to predict the probability of Panca Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Panca Global's price. Additionally, you may evaluate how the addition of Panca Global to your portfolios can decrease your overall portfolio volatility.
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Panca Global 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.