Sariguna Primatirta (Indonesia) Market Value
| CLEO Stock | IDR 1,070 75.00 6.55% |
| Symbol | Sariguna |
Sariguna Primatirta '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 Sariguna Primatirta'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 Sariguna Primatirta.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Sariguna Primatirta on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Sariguna Primatirta PT or generate 0.0% return on investment in Sariguna Primatirta over 90 days. Sariguna Primatirta is related to or competes with Buyung Poetra, Sido Muncul, Mayora Indah, Integra Indocabinet, and Bank Tabungan. More
Sariguna Primatirta 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 Sariguna Primatirta'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 Sariguna Primatirta PT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 12.79 | |||
| Value At Risk | (6.03) | |||
| Potential Upside | 5.0 |
Sariguna Primatirta Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sariguna Primatirta's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sariguna Primatirta's standard deviation. In reality, there are many statistical measures that can use Sariguna Primatirta historical prices to predict the future Sariguna Primatirta's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | 0.2168 | |||
| Treynor Ratio | 1.85 |
Sariguna Primatirta Backtested Returns
Sariguna Primatirta owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13 % return per unit of risk over the last 3 months. Sariguna Primatirta PT exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sariguna Primatirta's Coefficient Of Variation of (1,982), risk adjusted performance of (0.04), and Variance of 9.2 to confirm the risk estimate we provide. The entity has a beta of -0.0883, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sariguna Primatirta are expected to decrease at a much lower rate. During the bear market, Sariguna Primatirta is likely to outperform the market. At this point, Sariguna Primatirta has a negative expected return of -0.37%. Please make sure to validate Sariguna Primatirta's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Sariguna Primatirta performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Sariguna Primatirta PT has insignificant predictability. Overlapping area represents the amount of predictability between Sariguna Primatirta time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sariguna Primatirta price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Sariguna Primatirta price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 18 K |
Sariguna Primatirta lagged returns against current returns
Autocorrelation, which is Sariguna Primatirta 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 Sariguna Primatirta's stock expected returns. We can calculate the autocorrelation of Sariguna Primatirta returns to help us make a trade decision. For example, suppose you find that Sariguna Primatirta 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 |
Sariguna Primatirta 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 Sariguna Primatirta stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sariguna Primatirta stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sariguna Primatirta stock over time.
Current vs Lagged Prices |
| Timeline |
Sariguna Primatirta Lagged Returns
When evaluating Sariguna Primatirta's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sariguna Primatirta stock have on its future price. Sariguna Primatirta 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, Sariguna Primatirta autocorrelation shows the relationship between Sariguna Primatirta stock current value and its past values and can show if there is a momentum factor associated with investing in Sariguna Primatirta PT.
Regressed Prices |
| Timeline |
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Sariguna Primatirta financial ratios help investors to determine whether Sariguna 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 Sariguna with respect to the benefits of owning Sariguna Primatirta security.