Pt Unilever Indonesia Stock Market Value
| UNLRF Stock | USD 0.16 0.01 6.67% |
| Symbol | UNLRF |
PT Unilever '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 PT Unilever's pink sheet 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 PT Unilever.
| 03/28/2024 |
| 04/27/2024 |
If you would invest 0.00 in PT Unilever on March 28, 2024 and sell it all today you would earn a total of 0.00 from holding PT Unilever Indonesia or generate 0.0% return on investment in PT Unilever over 30 days. PT Unilever is related to or competes with Essity AB, L’Oreal Co, Church Dwight, Unilever PLC, and Reviv3 Procare. PT Unilever Indonesia Tbk manufactures, markets, and distributes consumer goods in Indonesia More
PT Unilever 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 PT Unilever's pink sheet 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 PT Unilever Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 29.17 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 5.0 |
PT Unilever Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Unilever's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Unilever's standard deviation. In reality, there are many statistical measures that can use PT Unilever historical prices to predict the future PT Unilever's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | (0.67) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PT Unilever'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.
PT Unilever Indonesia Backtested Returns
PT Unilever Indonesia retains Efficiency (Sharpe Ratio) of -0.0673, which implies the firm had a -0.0673% return per unit of price deviation over the last 3 months. PT Unilever exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Unilever's information ratio of (0.09), and Market Risk Adjusted Performance of (0.66) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.4, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PT Unilever's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Unilever is expected to be smaller as well. PT Unilever Indonesia has an expected return of -0.27%. Please make sure to check PT Unilever Indonesia variance, as well as the relationship between the potential upside and day median price , to decide if PT Unilever Indonesia performance from the past will be repeated at some future date.
Auto-correlation | 0.25 |
Poor predictability
PT Unilever Indonesia has poor predictability. Overlapping area represents the amount of predictability between PT Unilever time series from 28th of March 2024 to 12th of April 2024 and 12th of April 2024 to 27th of April 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 PT Unilever Indonesia price movement. The serial correlation of 0.25 indicates that over 25.0% of current PT Unilever price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Unilever Indonesia lagged returns against current returns
Autocorrelation, which is PT Unilever pink sheet'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 PT Unilever's pink sheet expected returns. We can calculate the autocorrelation of PT Unilever returns to help us make a trade decision. For example, suppose you find that PT Unilever has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
PT Unilever 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 PT Unilever pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Unilever pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Unilever pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PT Unilever Lagged Returns
When evaluating PT Unilever's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Unilever pink sheet have on its future price. PT Unilever 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, PT Unilever autocorrelation shows the relationship between PT Unilever pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PT Unilever Indonesia.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PT Unilever in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PT Unilever's short interest history, or implied volatility extrapolated from PT Unilever options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out PT Unilever Correlation, PT Unilever Volatility and PT Unilever Alpha and Beta module to complement your research on PT Unilever. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for UNLRF Pink Sheet analysis
When running PT Unilever's price analysis, check to measure PT Unilever'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 PT Unilever is operating at the current time. Most of PT Unilever's value examination focuses on studying past and present price action to predict the probability of PT Unilever's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PT Unilever's price. Additionally, you may evaluate how the addition of PT Unilever to your portfolios can decrease your overall portfolio volatility.
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PT Unilever technical pink sheet 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, pink sheet market cycles, or different charting patterns.