Pioneerindo Gourmet (Indonesia) Market Value
| PTSP Stock | IDR 915.00 65.00 6.63% |
| Symbol | Pioneerindo |
Pioneerindo Gourmet 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pioneerindo Gourmet's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pioneerindo Gourmet.
| 06/01/2022 |
| 05/21/2024 |
If you would invest 0.00 in Pioneerindo Gourmet on June 1, 2022 and sell it all today you would earn a total of 0.00 from holding Pioneerindo Gourmet International or generate 0.0% return on investment in Pioneerindo Gourmet over 720 days. Pioneerindo Gourmet is related to or competes with Autopedia Sukses, Adaro Minerals, Cisarua Mountain, Avia Avian, and Trisula Textile. PT Pioneerindo Gourmet International Tbk, together with its subsidiaries, operates restaurants in Indonesia More
Pioneerindo Gourmet Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pioneerindo Gourmet's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pioneerindo Gourmet International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 41.12 | |||
| Value At Risk | (8.86) | |||
| Potential Upside | 12.99 |
Pioneerindo Gourmet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneerindo Gourmet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneerindo Gourmet's standard deviation. In reality, there are many statistical measures that can use Pioneerindo Gourmet historical prices to predict the future Pioneerindo Gourmet's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.98) | |||
| Total Risk Alpha | (1.82) | |||
| Treynor Ratio | 7.03 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pioneerindo Gourmet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Pioneerindo Gourmet Backtested Returns
Pioneerindo Gourmet maintains Sharpe Ratio (i.e., Efficiency) of -0.0842, which implies the firm had a -0.0842% return per unit of risk over the last 3 months. Pioneerindo Gourmet exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pioneerindo Gourmet's Coefficient Of Variation of (716.11), variance of 49.18, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The company holds a Beta of -0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pioneerindo Gourmet are expected to decrease at a much lower rate. During the bear market, Pioneerindo Gourmet is likely to outperform the market. Pioneerindo Gourmet has an expected return of -0.54%. Please make sure to check Pioneerindo Gourmet maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Pioneerindo Gourmet performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Pioneerindo Gourmet International has very weak predictability. Overlapping area represents the amount of predictability between Pioneerindo Gourmet time series from 1st of June 2022 to 27th of May 2023 and 27th of May 2023 to 21st of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pioneerindo Gourmet price movement. The serial correlation of 0.17 indicates that over 17.0% of current Pioneerindo Gourmet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 948.4 K |
Pioneerindo Gourmet lagged returns against current returns
Autocorrelation, which is Pioneerindo Gourmet stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pioneerindo Gourmet's stock expected returns. We can calculate the autocorrelation of Pioneerindo Gourmet returns to help us make a trade decision. For example, suppose you find that Pioneerindo Gourmet has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Pioneerindo Gourmet regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pioneerindo Gourmet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pioneerindo Gourmet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pioneerindo Gourmet stock over time.
Current vs Lagged Prices |
| Timeline |
Pioneerindo Gourmet Lagged Returns
When evaluating Pioneerindo Gourmet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pioneerindo Gourmet stock have on its future price. Pioneerindo Gourmet autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pioneerindo Gourmet autocorrelation shows the relationship between Pioneerindo Gourmet stock current value and its past values and can show if there is a momentum factor associated with investing in Pioneerindo Gourmet International.
Regressed Prices |
| Timeline |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Pioneerindo Gourmet using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Pioneerindo Gourmet Correlation, Pioneerindo Gourmet Volatility and Pioneerindo Gourmet Alpha and Beta module to complement your research on Pioneerindo Gourmet. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Pioneerindo Stock analysis
When running Pioneerindo Gourmet's price analysis, check to measure Pioneerindo Gourmet'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 Pioneerindo Gourmet is operating at the current time. Most of Pioneerindo Gourmet's value examination focuses on studying past and present price action to predict the probability of Pioneerindo Gourmet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneerindo Gourmet's price. Additionally, you may evaluate how the addition of Pioneerindo Gourmet to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |
Pioneerindo Gourmet technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.