Centratama Telekomunikasi (Indonesia) Market Value
| CENT Stock | IDR 46.00 2.00 4.17% |
| Symbol | Centratama |
Centratama Telekomunikasi '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 Centratama Telekomunikasi'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 Centratama Telekomunikasi.
| 05/16/2024 |
| 12/12/2024 |
If you would invest 0.00 in Centratama Telekomunikasi on May 16, 2024 and sell it all today you would earn a total of 0.00 from holding Centratama Telekomunikasi Ind or generate 0.0% return on investment in Centratama Telekomunikasi over 210 days. Centratama Telekomunikasi is related to or competes with Mnc Land, MNC Vision, MD Pictures, Link Net, and Medikaloka Hermina. More
Centratama Telekomunikasi 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 Centratama Telekomunikasi'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 Centratama Telekomunikasi Ind upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.37 | |||
| Information Ratio | 0.0027 | |||
| Maximum Drawdown | 18.93 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 5.88 |
Centratama Telekomunikasi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centratama Telekomunikasi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centratama Telekomunikasi's standard deviation. In reality, there are many statistical measures that can use Centratama Telekomunikasi historical prices to predict the future Centratama Telekomunikasi's volatility.| Risk Adjusted Performance | 0.0341 | |||
| Jensen Alpha | 0.0488 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 0.0016 | |||
| Treynor Ratio | 0.1881 |
Centratama Telekomunikasi Backtested Returns
Centratama Telekomunikasi secures Sharpe Ratio (or Efficiency) of -0.007, which signifies that the company had a -0.007% return per unit of risk over the last 3 months. Centratama Telekomunikasi Ind exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Centratama Telekomunikasi's Risk Adjusted Performance of 0.0341, downside deviation of 6.37, and Mean Deviation of 2.34 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Centratama Telekomunikasi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Centratama Telekomunikasi is expected to be smaller as well. At this point, Centratama Telekomunikasi has a negative expected return of -0.0263%. Please make sure to confirm Centratama Telekomunikasi's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Centratama Telekomunikasi performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Centratama Telekomunikasi Ind has good reverse predictability. Overlapping area represents the amount of predictability between Centratama Telekomunikasi time series from 16th of May 2024 to 29th of August 2024 and 29th of August 2024 to 12th 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 Centratama Telekomunikasi price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Centratama Telekomunikasi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 26.56 |
Centratama Telekomunikasi lagged returns against current returns
Autocorrelation, which is Centratama Telekomunikasi 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 Centratama Telekomunikasi's stock expected returns. We can calculate the autocorrelation of Centratama Telekomunikasi returns to help us make a trade decision. For example, suppose you find that Centratama Telekomunikasi 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 |
Centratama Telekomunikasi 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 Centratama Telekomunikasi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centratama Telekomunikasi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centratama Telekomunikasi stock over time.
Current vs Lagged Prices |
| Timeline |
Centratama Telekomunikasi Lagged Returns
When evaluating Centratama Telekomunikasi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centratama Telekomunikasi stock have on its future price. Centratama Telekomunikasi 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, Centratama Telekomunikasi autocorrelation shows the relationship between Centratama Telekomunikasi stock current value and its past values and can show if there is a momentum factor associated with investing in Centratama Telekomunikasi Ind.
Regressed Prices |
| Timeline |
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Centratama Telekomunikasi financial ratios help investors to determine whether Centratama Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Centratama with respect to the benefits of owning Centratama Telekomunikasi security.