Tambun Indah's market value is the price at which a share of Tambun Indah trades on a public exchange. It measures the collective expectations of Tambun Indah Land investors about its performance. Tambun Indah is selling for 0.92 as of the 4th of December 2024. This is a 2.22 percent increase since the beginning of the trading day. The stock's lowest day price was 0.91. With this module, you can estimate the performance of a buy and hold strategy of Tambun Indah Land and determine expected loss or profit from investing in Tambun Indah over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Tambun
Tambun Indah '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 Tambun Indah'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 Tambun Indah.
0.00
06/07/2024
No Change 0.00
0.0
In 5 months and 30 days
12/04/2024
0.00
If you would invest 0.00 in Tambun Indah on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Tambun Indah Land or generate 0.0% return on investment in Tambun Indah over 180 days.
Tambun Indah 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 Tambun Indah'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 Tambun Indah Land upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tambun Indah's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tambun Indah's standard deviation. In reality, there are many statistical measures that can use Tambun Indah historical prices to predict the future Tambun Indah's volatility.
Tambun Indah Land owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0583, which indicates the firm had a -0.0583% return per unit of risk over the last 3 months. Tambun Indah Land exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tambun Indah's Risk Adjusted Performance of (0.06), variance of 1.63, and Coefficient Of Variation of (1,240) to confirm the risk estimate we provide. The entity has a beta of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tambun Indah are expected to decrease at a much lower rate. During the bear market, Tambun Indah is likely to outperform the market. At this point, Tambun Indah Land has a negative expected return of -0.0756%. Please make sure to validate Tambun Indah's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Tambun Indah Land performance from the past will be repeated at some point in the near future.
Auto-correlation
0.25
Poor predictability
Tambun Indah Land has poor predictability. Overlapping area represents the amount of predictability between Tambun Indah time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th of December 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 Tambun Indah Land price movement. The serial correlation of 0.25 indicates that over 25.0% of current Tambun Indah price fluctuation can be explain by its past prices.
Correlation Coefficient
0.25
Spearman Rank Test
0.37
Residual Average
0.0
Price Variance
0.0
Tambun Indah Land lagged returns against current returns
Autocorrelation, which is Tambun Indah 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 Tambun Indah's stock expected returns. We can calculate the autocorrelation of Tambun Indah returns to help us make a trade decision. For example, suppose you find that Tambun Indah 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
Tambun Indah 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 Tambun Indah stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tambun Indah stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tambun Indah stock over time.
Current vs Lagged Prices
Timeline
Tambun Indah Lagged Returns
When evaluating Tambun Indah's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tambun Indah stock have on its future price. Tambun Indah 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, Tambun Indah autocorrelation shows the relationship between Tambun Indah stock current value and its past values and can show if there is a momentum factor associated with investing in Tambun Indah Land.
Regressed Prices
Timeline
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