The index retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Jakarta Comp are completely uncorrelated. Even though it is essential to pay attention to Jakarta Comp current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any index is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Jakarta Comp exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Jakarta Comp Relative Risk vs. Return LandscapeIf you would invest 628,846 in Jakarta Comp on July 22, 2019 and sell it today you would lose (3,549) from holding Jakarta Comp or give up 0.56% of portfolio value over 30 days. Jakarta Comp is currently producing negative expected returns and takes up 0.6489% volatility of returns over 30 trading days. Put another way, 5% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Jakarta Comp Market Risk Analysis
Sharpe Ratio = -0.0146
Jakarta Comp Relative Performance Indicators
Estimated Market Risk