PT Telekomunikasi (Indonesia) Backtesting

TLKM -- Indonesia Stock  

IDR 3,990  80.00  2.05%

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

June 23, 2018
No Change 0.00  0.0%
In 30 days
July 23, 2018
If you would invest  0.00  in PT Telekomunikasi on June 23, 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

Downside Deviation2.06
Information Ratio0.1808
Maximum Drawdown6.9
Value At Risk2.49
Potential Upside3.07

PT Telekomunikasi Market Premium Indicators

Risk Adjusted Performance0.1211
Jensen Alpha0.669
Total Risk Alpha0.008561
Sortino Ratio0.17
Treynor Ratio0.26

PT Telekomunikasi In Backtested Returns

Macroaxis considers PT Telekomunikasi not too risky given 1 month investment horizon. PT Telekomunikasi In retains Efficiency (Sharpe Ratio) of 0.2572 which implies PT Telekomunikasi In had 0.2572% of return per unit of price deviation over the last 1 month. Our approach towards forecasting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PT Telekomunikasi which you can use to evaluate future volatility of the company. Please employ PT Telekomunikasi Indonesia Tbk Standard Deviation of 1.94 and Market Risk Adjusted Performance of 0.25 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100 PT Telekomunikasi holds performance score of 17. The organization owns Beta (Systematic Risk) of -1.814 which implies as returns on market increase, returns on owning PT Telekomunikasi are expected to decrease by larger amounts. On the other hand, during market turmoil, PT Telekomunikasi is expected to significantly outperform it.. Although it is vital to follow to PT Telekomunikasi In existing price patterns, it is good to be conservative about what you can actually do with the information regarding equity price patterns. The approach towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting PT Telekomunikasi In technical indicators you can at this time evaluate if the expected return of 0.4769% will be sustainable into the future. Please employ PT Telekomunikasi Indonesia Tbk Semi Deviation, Coefficient Of Variation and the relationship between Mean Deviation and Downside Deviation to make a quick decision on weather PT Telekomunikasi In current price history will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.42) 

Modest reverse predictability

PT Telekomunikasi Indonesia Tbk has modest reverse predictability. Overlapping area represents the amount of predictability between PT Telekomunikasi time series from June 23, 2018 to July 8, 2018 and July 8, 2018 to July 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 Telekomunikasi In price movement. The serial correlation of -0.42 indicates that just about 42.0% of current PT Telekomunikasi price fluctuation can be explain by its past prices. Given that PT Telekomunikasi Indonesia Tbk has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of PT Telekomunikasi for similar time interval.
Correlation Coefficient -0.42
Spearman Rank Test -0.72
Price Variance 2958.02
Lagged Price Variance 11822.22

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 Lagged Returns

 Regressed Prices 

Current Sentiment - TLKM

PT Telekomunikasi In Investor Sentiment
Most of Macroaxis users are at this time bullish on PT Telekomunikasi Indonesia Tbk. What is your perspective on investing in PT Telekomunikasi Indonesia Tbk? Are you bullish or bearish?
98% Bullish
2% Bearish
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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. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.