Krakatau Steel (Indonesia) Performance

KRAS Stock  IDR 139.00  1.00  0.72%   
The company secures a Beta (Market Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Krakatau Steel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Krakatau Steel is expected to be smaller as well. Krakatau Steel Persero right now secures a risk of 2.61%. Please verify Krakatau Steel Persero mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Krakatau Steel Persero will be following its current price movements.

Risk-Adjusted Performance

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Over the last 90 days Krakatau Steel Persero has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Krakatau Steel is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
Begin Period Cash Flow112.8 M
Total Cashflows From Investing Activities-74.7 M
  

Krakatau Steel Relative Risk vs. Return Landscape

If you would invest  14,100  in Krakatau Steel Persero on January 24, 2024 and sell it today you would lose (200.00) from holding Krakatau Steel Persero or give up 1.42% of portfolio value over 90 days. Krakatau Steel Persero is generating 0.0049% of daily returns and assumes 2.614% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Krakatau, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon Krakatau Steel is expected to generate 16.37 times less return on investment than the market. In addition to that, the company is 4.15 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.13 per unit of volatility.

Krakatau Steel Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Krakatau Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Krakatau Steel Persero, and traders can use it to determine the average amount a Krakatau Steel's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0019

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Estimated Market Risk

 2.61
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Based on monthly moving average Krakatau Steel is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Krakatau Steel by adding Krakatau Steel to a well-diversified portfolio.

Krakatau Steel Fundamentals Growth

Krakatau Stock prices reflect investors' perceptions of the future prospects and financial health of Krakatau Steel, and Krakatau Steel fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Krakatau Stock performance.

About Krakatau Steel Performance

To evaluate Krakatau Steel Persero Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Krakatau Steel generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Krakatau Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Krakatau Steel Persero market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Krakatau's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.

Things to note about Krakatau Steel Persero performance evaluation

Checking the ongoing alerts about Krakatau Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Krakatau Steel Persero help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 80.0% of the company outstanding shares are owned by corporate insiders
Evaluating Krakatau Steel's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Krakatau Steel's stock performance include:
  • Analyzing Krakatau Steel's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Krakatau Steel's stock is overvalued or undervalued compared to its peers.
  • Examining Krakatau Steel's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Krakatau Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Krakatau Steel's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Krakatau Steel's stock. These opinions can provide insight into Krakatau Steel's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Krakatau Steel's stock performance is not an exact science, and many factors can impact Krakatau Steel's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Krakatau Steel Persero. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Krakatau Steel's price analysis, check to measure Krakatau Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Krakatau Steel is operating at the current time. Most of Krakatau Steel's value examination focuses on studying past and present price action to predict the probability of Krakatau Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Krakatau Steel's price. Additionally, you may evaluate how the addition of Krakatau Steel to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Krakatau Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Krakatau Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Krakatau Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.