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.
|15 days auto-correlation|| 0.13 |
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