Telekomunikasi Indonesia (Indonesia) Backtesting

Telekomunikasi Indonesia Perse -- Indonesia Stock  

IDR 4,430  10  0.23%

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

September 17, 2017
 0.00 
No Change 0.00  0.0%
In 30 days
October 17, 2017
 0.00 
If you would invest  0.00  in Telekomunikasi Indonesia on September 17, 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 Frontier Communications. 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

Macroaxis considers Telekomunikasi Indonesia to be not too risky. Telekomunikasi Indonesia owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.3328 which indicates Telekomunikasi Indonesia had -0.3328% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring 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. Telekomunikasi Indonesia Perse exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Telekomunikasi Indonesia Coefficient Of Variation of (368.18) and Risk Adjusted Performance of (0.055342) to confirm risk estimate we provide. Macroaxis gives Telekomunikasi Indonesia performance score of 0 on a scale of 0 to 100. The entity has beta of 0.8462 which indicates as returns on market increase, Telekomunikasi Indonesia returns are expected to increase less than the market. However during bear market, the loss on holding Telekomunikasi Indonesia will be expected to be smaller as well.. Even though it is essential to pay attention to Telekomunikasi Indonesia current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. Telekomunikasi Indonesia Perse exposes twenty-one different technical indicators which can help you to evaluate its performance. Telekomunikasi Indonesia has expected return of -0.2878%. Please be advised to validate Telekomunikasi Indonesia Jensen Alpha, Maximum Drawdown and the relationship between Information Ratio and Treynor Ratio to decide if Telekomunikasi Indonesia past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.13) 

Insignificant reverse predictability

Telekomunikasi Indonesia Perse has insignificant reverse predictability. Overlapping area represents the amount of predictability between Telekomunikasi Indonesia time series from September 17, 2017 to October 2, 2017 and October 2, 2017 to October 17, 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 -0.13 indicates that less than 13.0% 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 -0.13
Spearman Rank Test 0.53
Price Variance 13277.69
Lagged Price Variance 495.87

Telekomunikasi Indonesia Lagged Returns

 Regressed Prices 
      Timeline 

Telekomunikasi Indonesia Performance vs Jakarta Comp

The median price of Telekomunikasi Indonesia for the period between Sun, Sep 17, 2017 and Tue, Oct 17, 2017 is 4680.0 with a coefficient of variation of 2.06. The daily time series for the period is distributed with a sample standard deviation of 95.71, arithmetic mean of 4637.73, and mean deviation of 69.88. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline