PT Telekomunikasi (Indonesia) Backtesting

PT Telekomunikasi Indonesia Tbk -- Indonesia Stock  

IDR 3,710  110.00  2.88%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of PT Telekomunikasi Indonesia Tbk and determine expected loss or profit from investing in PT Telekomunikasi over given investment horizon. Also please take a look at PT Telekomunikasi Hype Analysis, PT Telekomunikasi Correlation, PT Telekomunikasi Valuation, PT Telekomunikasi Volatility as well as analyze PT Telekomunikasi Alpha and Beta and PT Telekomunikasi Performance
 Time Horizon     30 Days    Login   to change

PT Telekomunikasi 'What if' Analysis

February 19, 2018
No Change 0.00  0.0%
In 30 days
March 21, 2018
If you would invest  0.00  in PT Telekomunikasi on February 19, 2018 and sell it all today you would earn a total of 0.00 from holding PT Telekomunikasi Indonesia Tbk or generate 0.0% return on investment in PT Telekomunikasi over 30 days. PT Telekomunikasi is related to or competes with PT XL, and PT Indosat.

PT Telekomunikasi Upside/Downside Indicators


PT Telekomunikasi Market Premium Indicators

PT Telekomunikasi In lagged returns against current returns

 Current and Lagged Values 

PT Telekomunikasi regressed lagged prices vs. current prices

 Current vs Lagged Prices 

PT Telekomunikasi In Backtested Returns

Macroaxis considers PT Telekomunikasi to be not too risky. PT Telekomunikasi In retains Efficiency (Sharpe Ratio) of -0.1373 which implies PT Telekomunikasi In had -0.1373% of return per unit of price deviation over the last 1 month. Macroaxis approach 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 Telekomunikasi exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PT Telekomunikasi Indonesia Tbk Standard Deviation of 1.57 and Market Risk Adjusted Performance of 0.28 to confirm risk estimate we provide. Macroaxis gives PT Telekomunikasi performance score of 0 on a scale of 0 to 100. The organization owns Beta (Systematic Risk) of 0.3542 which implies as returns on market increase, PT Telekomunikasi returns are expected to increase less than the market. However during bear market, the loss on holding PT Telekomunikasi will be expected to be smaller as well.. Even though it is essential to pay attention to PT Telekomunikasi In existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis approach 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 Telekomunikasi exposes twenty-one different technical indicators which can help you to evaluate its performance. PT Telekomunikasi In has expected return of -0.2211%. Please be advised to check PT Telekomunikasi Indonesia Tbk Semi Deviation, Coefficient Of Variation and the relationship between Mean Deviation and Downside Deviation to decide if PT Telekomunikasi In past performance will be repeated at some future date.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.13 

Insignificant predictability

PT Telekomunikasi Indonesia Tbk has insignificant predictability. Overlapping area represents the amount of predictability between PT Telekomunikasi time series from February 19, 2018 to March 6, 2018 and March 6, 2018 to March 21, 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 Telekomunikasi In price movement. The serial correlation of 0.13 indicates that less than 13.0% of current PT Telekomunikasi price fluctuation can be explain by its past prices.
Correlation Coefficient 0.13
Spearman Rank Test 0.18
Price Variance 24771.6
Lagged Price Variance 640.24

PT Telekomunikasi Lagged Returns

 Regressed Prices 

PT Telekomunikasi Performance vs Jakarta Comp

The median price of PT Telekomunikasi for the period between Mon, Feb 19, 2018 and Wed, Mar 21, 2018 is 4020.0 with a coefficient of variation of 48.32. The daily time series for the period is distributed with a sample standard deviation of 1602.05, arithmetic mean of 3315.45, and mean deviation of 1205.62. The Stock received some media coverage during the period.
 Price Growth (%)  
Kerja Sama Dual Listing Emiten di Bursa Thailand Terkendala ...03/07/2018