Cemindo Gemilang (Indonesia) Market Value

CMNT Stock   780.00  5.00  0.65%   
Cemindo Gemilang's market value is the price at which a share of Cemindo Gemilang trades on a public exchange. It measures the collective expectations of Cemindo Gemilang Tbk investors about its performance. Cemindo Gemilang is selling for 780.00 as of the 1st of March 2025. This is a 0.65 percent up since the beginning of the trading day. The stock's last reported lowest price was 755.0.
With this module, you can estimate the performance of a buy and hold strategy of Cemindo Gemilang Tbk and determine expected loss or profit from investing in Cemindo Gemilang over a given investment horizon. Check out Cemindo Gemilang Correlation, Cemindo Gemilang Volatility and Cemindo Gemilang Alpha and Beta module to complement your research on Cemindo Gemilang.
Symbol

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

Cemindo Gemilang '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 Cemindo Gemilang'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 Cemindo Gemilang.
0.00
01/30/2025
No Change 0.00  0.0 
In 31 days
03/01/2025
0.00
If you would invest  0.00  in Cemindo Gemilang on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Cemindo Gemilang Tbk or generate 0.0% return on investment in Cemindo Gemilang over 30 days. Cemindo Gemilang is related to or competes with Berkah Beton, Archi Indonesia, Avia Avian, Capital Financial, and Medikaloka Hermina. More

Cemindo Gemilang 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 Cemindo Gemilang'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 Cemindo Gemilang Tbk upside and downside potential and time the market with a certain degree of confidence.

Cemindo Gemilang Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cemindo Gemilang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cemindo Gemilang's standard deviation. In reality, there are many statistical measures that can use Cemindo Gemilang historical prices to predict the future Cemindo Gemilang's volatility.
Hype
Prediction
LowEstimatedHigh
777.61780.00782.39
Details
Intrinsic
Valuation
LowRealHigh
696.91699.30858.00
Details
Naive
Forecast
LowNextHigh
793.90796.29798.68
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
751.31806.90862.49
Details

Cemindo Gemilang Tbk Backtested Returns

Cemindo Gemilang Tbk secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. Cemindo Gemilang Tbk exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cemindo Gemilang's Mean Deviation of 1.68, risk adjusted performance of (0.10), and Standard Deviation of 2.31 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cemindo Gemilang's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cemindo Gemilang is expected to be smaller as well. At this point, Cemindo Gemilang Tbk has a negative expected return of -0.32%. Please make sure to confirm Cemindo Gemilang's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Cemindo Gemilang Tbk performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.67  

Good predictability

Cemindo Gemilang Tbk has good predictability. Overlapping area represents the amount of predictability between Cemindo Gemilang time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Cemindo Gemilang Tbk price movement. The serial correlation of 0.67 indicates that around 67.0% of current Cemindo Gemilang price fluctuation can be explain by its past prices.
Correlation Coefficient0.67
Spearman Rank Test0.85
Residual Average0.0
Price Variance509.5

Cemindo Gemilang Tbk lagged returns against current returns

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

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

Cemindo Gemilang Lagged Returns

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

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Other Information on Investing in Cemindo Stock

Cemindo Gemilang financial ratios help investors to determine whether Cemindo 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 Cemindo with respect to the benefits of owning Cemindo Gemilang security.