Era Media (Indonesia) Market Value
| DOOH Stock | 94.00 14.00 12.96% |
| Symbol | Era |
Era Media '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 Era Media'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 Era Media.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Era Media on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Era Media Sejahtera or generate 0.0% return on investment in Era Media over 90 days.
Era Media 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 Era Media'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 Era Media Sejahtera upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.98 | |||
| Information Ratio | 0.1417 | |||
| Maximum Drawdown | 50.04 | |||
| Value At Risk | (7.94) | |||
| Potential Upside | 20.99 |
Era Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Era Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Era Media's standard deviation. In reality, there are many statistical measures that can use Era Media historical prices to predict the future Era Media's volatility.| Risk Adjusted Performance | 0.1228 | |||
| Jensen Alpha | 1.22 | |||
| Total Risk Alpha | 2.28 | |||
| Sortino Ratio | 0.2124 | |||
| Treynor Ratio | 2.3 |
Era Media Sejahtera Backtested Returns
Era Media is not too volatile given 3 months investment horizon. Era Media Sejahtera secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14 % return per unit of standard deviation over the last 3 months. We were able to collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.31% are justified by taking the suggested risk. Use Era Media Semi Deviation of 4.65, mean deviation of 5.72, and Downside Deviation of 5.98 to evaluate company specific risk that cannot be diversified away. Era Media holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, Era Media's returns are expected to increase less than the market. However, during the bear market, the loss of holding Era Media is expected to be smaller as well. Use Era Media semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to analyze future returns on Era Media.
Auto-correlation | -0.05 |
Very weak reverse predictability
Era Media Sejahtera has very weak reverse predictability. Overlapping area represents the amount of predictability between Era Media 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 Era Media Sejahtera price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Era Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 70.12 |
Era Media Sejahtera lagged returns against current returns
Autocorrelation, which is Era Media 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 Era Media's stock expected returns. We can calculate the autocorrelation of Era Media returns to help us make a trade decision. For example, suppose you find that Era Media 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 |
Era Media 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 Era Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Era Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Era Media stock over time.
Current vs Lagged Prices |
| Timeline |
Era Media Lagged Returns
When evaluating Era Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Era Media stock have on its future price. Era Media 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, Era Media autocorrelation shows the relationship between Era Media stock current value and its past values and can show if there is a momentum factor associated with investing in Era Media Sejahtera.
Regressed Prices |
| Timeline |
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