Pt Jasa (Indonesia) Backtesting

JSMR -- Indonesia Stock  

IDR 4,420  170.00  4.00%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Pt Jasa Marga Tbk and determine expected loss or profit from investing in Pt Jasa over given investment horizon. Please also check Pt Jasa Hype Analysis, Pt Jasa Correlation, Pt Jasa Valuation, Pt Jasa Volatility as well as analyze Pt Jasa Alpha and Beta and Pt Jasa Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

Pt Jasa 'What if' Analysis

May 24, 2018
0.00
No Change 0.00  0.0%
In 30 days
June 23, 2018
0.00
If you would invest  0.00  in Pt Jasa on May 24, 2018 and sell it all today you would earn a total of 0.00 from holding Pt Jasa Marga Tbk or generate 0.0% return on investment in Pt Jasa over 30 days. Pt Jasa is related to or competes with PT Garuda, PT Metropolitan, and PT Wijaya.

Pt Jasa Upside/Downside Indicators

Maximum Drawdown3.97
  

Pt Jasa Market Premium Indicators

Risk Adjusted Performance0.01

Pt Jasa Marga Backtested Returns

Macroaxis considers Pt Jasa to be not too risky. Pt Jasa Marga retains Efficiency (Sharpe Ratio) of -0.0246 which implies Pt Jasa Marga had -0.0246% of return per unit of price deviation over the last 1 month. Macroaxis philosophy towards forecasting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Pt Jasa exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Pt Jasa Marga Tbk Standard Deviation of 0.8468 to confirm risk estimate we provide. Macroaxis gives Pt Jasa performance score of 0 on a scale of 0 to 100. The organization owns Beta (Systematic Risk) of 0.0 which implies the returns on MARKET and Pt Jasa are completely uncorrelated. Even though it is essential to pay attention to Pt Jasa Marga existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis philosophy towards forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Pt Jasa exposes twenty-one different technical indicators which can help you to evaluate its performance. Pt Jasa Marga has expected return of -0.0447%. Please be advised to check Pt Jasa Marga Tbk Mean Deviation, Downside Deviation, Standard Deviation, as well as the relationship between Semi Deviation and Coefficient Of Variation to decide if Pt Jasa Marga past performance will be repeated at future time.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.50) 

Modest reverse predictability

Pt Jasa Marga Tbk has modest reverse predictability. Overlapping area represents the amount of predictability between Pt Jasa time series from May 24, 2018 to June 8, 2018 and June 8, 2018 to June 23, 2018. 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 Marga price movement. The serial correlation of -0.5 indicates that about 50.0% of current Pt Jasa price fluctuation can be explain by its past prices. Given that Pt Jasa Marga Tbk has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Pt Jasa for similar time interval.
Correlation Coefficient -0.5
Spearman Rank Test -0.43
Price Variance 15963.78
Lagged Price Variance 18278.06

Pt Jasa Marga lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Pt Jasa regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Pt Jasa Lagged Returns

 Regressed Prices 
      Timeline 

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Please also check Pt Jasa Hype Analysis, Pt Jasa Correlation, Pt Jasa Valuation, Pt Jasa Volatility as well as analyze Pt Jasa Alpha and Beta and Pt Jasa Performance. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.