Jakarta Comp (Indonesia) Market Value

JKSE -  Indonesia Index  

 6,097  26.50  0.44%

Jakarta Comp's market value is the price at which a share of Jakarta Comp stock trades on a public exchange. It measures the collective expectations of Jakarta Comp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Jakarta Comp and determine expected loss or profit from investing in Jakarta Comp over a given investment horizon. Check out Jakarta Comp Hype Analysis, Jakarta Comp Correlation, Portfolio Optimization, Jakarta Comp Volatility, as well as analyze Jakarta Comp Alpha and Beta and Jakarta Comp Performance.
Symbol
Backtest

Please note, there is a significant difference between Jakarta Comp's value and its price as these two are different measures arrived at by different means. Investors typically determine Jakarta Comp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jakarta Comp'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.

Jakarta Comp '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 Jakarta Comp's index 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 Jakarta Comp.
0.00
08/07/2020
No Change 0.00  0.0 
In 11 months and 27 days
08/02/2021
0.00
If you would invest  0.00  in Jakarta Comp on August 7, 2020 and sell it all today you would earn a total of 0.00 from holding Jakarta Comp or generate 0.0% return on investment in Jakarta Comp over 360 days.

Jakarta Comp 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 Jakarta Comp's index 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 Jakarta Comp upside and downside potential and time the market with a certain degree of confidence.

Jakarta Comp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jakarta Comp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jakarta Comp's standard deviation. In reality, there are many statistical measures that can use Jakarta Comp historical prices to predict the future Jakarta Comp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Jakarta Comp'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. Please use the tools below to analyze the current value of Jakarta Comp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
6,0966,0976,097
Details
Intrinsic
Valuation
LowReal ValueHigh
6,0226,0236,706
Details
Naive
Forecast
LowNext ValueHigh
6,1216,1216,122
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5,9446,0476,150
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jakarta Comp. Your research has to be compared to or analyzed against Jakarta Comp's peers to derive any actionable benefits. When done correctly, Jakarta Comp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Jakarta Comp.

Jakarta Comp Backtested Returns

Jakarta Comp holds Efficiency (Sharpe) Ratio of 0.051, which attests that the entity had 0.051% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Jakarta Comp, which you can use to evaluate the future volatility of the entity.
The index retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. Let's try to break down what Jakarta's beta means in this case. the returns on MARKET and Jakarta Comp are completely uncorrelated. Although it is extremely important to respect Jakarta Comp current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Jakarta Comp technical indicators, you can presently evaluate if the expected return of 0.0419% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.40)   

Poor reverse predictability

Jakarta Comp has poor reverse predictability. Overlapping area represents the amount of predictability between Jakarta Comp time series from 7th of August 2020 to 3rd of February 2021 and 3rd of February 2021 to 2nd of August 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Jakarta Comp price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Jakarta Comp price fluctuation can be explain by its past prices. Given that Jakarta Comp has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Jakarta Comp for similar time interval.
Correlation Coefficient-0.4
Spearman Rank Test-0.63
Residual Average0.0
Price Variance19899.03

Jakarta Comp lagged returns against current returns

Autocorrelation, which is Jakarta Comp index'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 Jakarta Comp's index expected returns. We can calculate the autocorrelation of Jakarta Comp returns to help us make a trade decision. For example, suppose you find that Jakarta Comp index 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Jakarta Comp 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 Jakarta Comp index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jakarta Comp index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jakarta Comp index over time.
 Current vs Lagged Prices 
Share
      Timeline 

Jakarta Comp Lagged Returns

When evaluating Jakarta Comp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jakarta Comp index have on its future price. Jakarta Comp 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, Jakarta Comp autocorrelation shows the relationship between Jakarta Comp index current value and its past values and can show if there is a momentum factor associated with investing in Jakarta Comp.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Jakarta Comp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Jakarta Comp Hype Analysis, Jakarta Comp Correlation, Portfolio Optimization, Jakarta Comp Volatility, as well as analyze Jakarta Comp Alpha and Beta and Jakarta Comp Performance. Note that the Jakarta Comp information on this page should be used as a complementary analysis to other Jakarta Comp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Tools for Jakarta Index

When running Jakarta Comp price analysis, check to measure Jakarta Comp'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 Jakarta Comp is operating at the current time. Most of Jakarta Comp's value examination focuses on studying past and present price action to predict the probability of Jakarta Comp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Jakarta Comp's price. Additionally, you may evaluate how the addition of Jakarta Comp to your portfolios can decrease your overall portfolio volatility.
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