Telekomunikasi Indonesia (Indonesia) Backtesting

Telekomunikasi Indonesia Perse -- Indonesia Stock  

IDR 4,250  50  1.19%

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

Telekomunikasi Indonesia 'What if' Analysis

November 15, 2017
0.00
No Change 0.00  0.0%
In 30 days
December 15, 2017
0.00
If you would invest  0.00  in Telekomunikasi Indonesia on November 15, 2017 and sell it all today you would earn a total of 0.00 from holding Telekomunikasi Indonesia Perse or generate 0.0% return on investment in Telekomunikasi Indonesia over 30 days. Telekomunikasi Indonesia is related to or competes with XL Axiata, Indosat Tbk, and JC Penney. Telekomunikasi Indonesia is entity of Indonesia

Telekomunikasi Indonesia Upside/Downside Indicators

  

Telekomunikasi Indonesia Market Premium Indicators

Telekomunikasi Indonesia lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Telekomunikasi Indonesia regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Telekomunikasi Indonesia Backtested Returns

We consider Telekomunikasi Indonesia not too risky. Telekomunikasi Indonesia owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.1345 which indicates Telekomunikasi Indonesia had 0.1345% of return per unit of risk over the last 1 month. Our philosophy towards measuring 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 Telekomunikasi Indonesia Perse which you can use to evaluate future volatility of the company. Please validate Telekomunikasi Indonesia Semi Deviation of 0.7354, Coefficient Of Variation of 727.63 and Risk Adjusted Performance of 0.0739 to confirm if risk estimate we provide are consistent with the epected return of 0.129%. Telekomunikasi Indonesia has performance score of 8 on a scale of 0 to 100. The entity has beta of -0.942 which indicates . Although it is extremely important to respect Telekomunikasi Indonesia current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring 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 Telekomunikasi Indonesia technical indicators you can presently evaluate if the expected return of 0.129% will be sustainable into the future. Telekomunikasi Indonesia right now has a risk of 0.9592%. Please validate Telekomunikasi Indonesia Jensen Alpha, Maximum Drawdown and the relationship between Information Ratio and Treynor Ratio to decide if Telekomunikasi Indonesia will be following its existing price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.41) 

Modest reverse predictability

Telekomunikasi Indonesia Perse has modest reverse predictability. Overlapping area represents the amount of predictability between Telekomunikasi Indonesia time series from November 15, 2017 to November 30, 2017 and November 30, 2017 to December 15, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Telekomunikasi Indonesia price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Telekomunikasi Indonesia price fluctuation can be explain by its past prices. Given that Telekomunikasi Indonesia Perse has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Telekomunikasi Indonesia for similar time interval.
Correlation Coefficient -0.41
Spearman Rank Test -0.13
Price Variance 1188.89
Lagged Price Variance 3013.89

Telekomunikasi Indonesia Lagged Returns

 Regressed Prices 
      Timeline 

Telekomunikasi Indonesia Performance vs Jakarta Comp

The median price of Telekomunikasi Indonesia for the period between Wed, Nov 15, 2017 and Fri, Dec 15, 2017 is 4200.0 with a coefficient of variation of 1.13. The daily time series for the period is distributed with a sample standard deviation of 47.53, arithmetic mean of 4202.73, and mean deviation of 31.24. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline