Pacific Strategic (Indonesia) Market Value
| APIC Stock | IDR 1,110 5.00 0.45% |
| Symbol | Pacific |
Pacific Strategic '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 Pacific Strategic'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 Pacific Strategic.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Pacific Strategic on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Pacific Strategic Financial or generate 0.0% return on investment in Pacific Strategic over 30 days. Pacific Strategic is related to or competes with Astra International, United Tractors, Bukit Asam, Indofood Sukses, and Hanjaya Mandala. More
Pacific Strategic 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 Pacific Strategic'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 Pacific Strategic Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 14.21 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 4.24 |
Pacific Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacific Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacific Strategic's standard deviation. In reality, there are many statistical measures that can use Pacific Strategic historical prices to predict the future Pacific Strategic's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pacific Strategic'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.
Pacific Strategic Backtested Returns
Pacific Strategic maintains Sharpe Ratio (i.e., Efficiency) of -0.18, which implies the firm had a -0.18% return per unit of risk over the last 3 months. Pacific Strategic exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pacific Strategic's Coefficient Of Variation of (2,943), variance of 4.92, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The company holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pacific Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacific Strategic is expected to be smaller as well. Pacific Strategic has an expected return of -0.21%. Please make sure to check Pacific Strategic market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Pacific Strategic performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Pacific Strategic Financial has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pacific Strategic time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Pacific Strategic price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Pacific Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 248.98 |
Pacific Strategic lagged returns against current returns
Autocorrelation, which is Pacific Strategic 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 Pacific Strategic's stock expected returns. We can calculate the autocorrelation of Pacific Strategic returns to help us make a trade decision. For example, suppose you find that Pacific Strategic 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 |
Pacific Strategic 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 Pacific Strategic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacific Strategic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacific Strategic stock over time.
Current vs Lagged Prices |
| Timeline |
Pacific Strategic Lagged Returns
When evaluating Pacific Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacific Strategic stock have on its future price. Pacific Strategic 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, Pacific Strategic autocorrelation shows the relationship between Pacific Strategic stock current value and its past values and can show if there is a momentum factor associated with investing in Pacific Strategic Financial.
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 Pacific Strategic 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, Pacific Strategic's short interest history, or implied volatility extrapolated from Pacific Strategic options trading.
Pair Trading with Pacific Strategic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pacific Strategic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pacific Strategic will appreciate offsetting losses from the drop in the long position's value.Moving together with Pacific Stock
| 0.77 | SINI | Singaraja Putra | PairCorr |
| 0.8 | DMMX | Digital Mediatama Maxima | PairCorr |
The ability to find closely correlated positions to Pacific Strategic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pacific Strategic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pacific Strategic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pacific Strategic Financial to buy it.
The correlation of Pacific Strategic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pacific Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pacific Strategic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pacific Strategic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Pacific Strategic Correlation, Pacific Strategic Volatility and Pacific Strategic Alpha and Beta module to complement your research on Pacific Strategic. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Pacific Stock analysis
When running Pacific Strategic's price analysis, check to measure Pacific Strategic'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 Pacific Strategic is operating at the current time. Most of Pacific Strategic's value examination focuses on studying past and present price action to predict the probability of Pacific Strategic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Strategic's price. Additionally, you may evaluate how the addition of Pacific Strategic to your portfolios can decrease your overall portfolio volatility.
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Pacific Strategic 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.