PTAIY OTC Stock Market Value

PTAIY
 Stock
  

USD 7.55  0.05  0.66%   

Pt Astra's market value is the price at which a share of Pt Astra stock trades on a public exchange. It measures the collective expectations of Pt Astra Intl investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Pt Astra Intl and determine expected loss or profit from investing in Pt Astra over a given investment horizon. Please check Pt Astra Correlation, Pt Astra Volatility and Pt Astra Alpha and Beta module to complement your research on Pt Astra.
Symbol


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

Pt Astra '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 Astra's otc 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 Pt Astra.
0.00
01/09/2021
No Change 0.00  0.0 
In 1 year 10 months and 22 days
11/30/2022
0.00
If you would invest  0.00  in Pt Astra on January 9, 2021 and sell it all today you would earn a total of 0.00 from holding Pt Astra Intl or generate 0.0% return on investment in Pt Astra over 690 days. Pt Astra is related to or competes with Aspen Technology. PT Astra International Tbk, together with its subsidiaries, operates in the automotive, financial services, heavy equipm... More

Pt Astra 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 Astra's otc 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 Pt Astra Intl upside and downside potential and time the market with a certain degree of confidence.

Pt Astra Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pt Astra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pt Astra's standard deviation. In reality, there are many statistical measures that can use Pt Astra historical prices to predict the future Pt Astra's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Pt Astra'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 Pt Astra in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
5.907.789.66
Details
Intrinsic
Valuation
LowReal ValueHigh
5.717.599.47
Details
Naive
Forecast
LowNext ValueHigh
5.807.689.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.698.088.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pt Astra. Your research has to be compared to or analyzed against Pt Astra's peers to derive any actionable benefits. When done correctly, Pt Astra'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 Pt Astra Intl.

Pt Astra Intl Backtested Returns

Pt Astra Intl retains Efficiency (Sharpe Ratio) of -0.15, which implies the firm had -0.15% of return per unit of price deviation over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Pt Astra exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Pt Astra Intl market risk adjusted performance of (1.35), and Standard Deviation of 1.85 to confirm the risk estimate we provide.
The company owns a Beta (Systematic Risk) of 0.2012, which implies not very significant fluctuations relative to the market. Let's try to break down what PTAIY's beta means in this case. As returns on the market increase, Pt Astra returns are expected to increase less than the market. However, during the bear market, the loss on holding Pt Astra will be expected to be smaller as well. Even though it is essential to pay attention to Pt Astra Intl existing price patterns, it is always good to be careful when utilizing equity price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Pt Astra exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Pt Astra Intl has an expected return of -0.28%. Please be advised to check Pt Astra Intl value at risk, and the relationship between the information ratio and kurtosis to decide if Pt Astra Intl performance from the past will be repeated at future time.

Auto-correlation

    
  -0.42  

Modest reverse predictability

Pt Astra Intl has modest reverse predictability. Overlapping area represents the amount of predictability between Pt Astra time series from 9th of January 2021 to 20th of December 2021 and 20th of December 2021 to 30th of November 2022. 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 Astra Intl price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Pt Astra price fluctuation can be explain by its past prices.
Correlation Coefficient-0.42
Spearman Rank Test-0.04
Residual Average0.0
Price Variance0.64

Pt Astra Intl lagged returns against current returns

Autocorrelation, which is Pt Astra otc 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 Pt Astra's otc stock expected returns. We can calculate the autocorrelation of Pt Astra returns to help us make a trade decision. For example, suppose you find that Pt Astra otc stock 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   
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       Timeline  

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

Pt Astra Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pt Astra without increasing your portfolio risk or giving up the 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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Please check Pt Astra Correlation, Pt Astra Volatility and Pt Astra Alpha and Beta module to complement your research on Pt Astra. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Pt Astra Intl price analysis, check to measure Pt Astra'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 Astra is operating at the current time. Most of Pt Astra's value examination focuses on studying past and present price action to predict the probability of Pt Astra's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Pt Astra's price. Additionally, you may evaluate how the addition of Pt Astra to your portfolios can decrease your overall portfolio volatility.
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Pt Astra technical otc 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, otc market cycles, or different charting patterns.
A focus of Pt Astra technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pt Astra trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...