Esta Multi (Indonesia) Market Value
| ESTA Stock | IDR 80.00 2.00 2.44% |
| Symbol | Esta |
Esta Multi '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 Esta Multi'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 Esta Multi.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Esta Multi on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Esta Multi Usaha or generate 0.0% return on investment in Esta Multi over 30 days. Esta Multi is related to or competes with Campina Ice, Mitra Pinasthika, Jakarta Int, Indosat Tbk, Inocycle Technology, J Resources, and Akr Corporindo. PT Esta Multi Usaha Tbk owns and operates a hotel under the Hotel 88 name in Indonesia More
Esta Multi 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 Esta Multi'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 Esta Multi Usaha upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 11.96 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 2.0 |
Esta Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Esta Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Esta Multi's standard deviation. In reality, there are many statistical measures that can use Esta Multi historical prices to predict the future Esta Multi's volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | (5.69) |
Esta Multi Usaha Backtested Returns
Esta Multi Usaha secures Sharpe Ratio (or Efficiency) of -0.27, which denotes the company had a -0.27% return per unit of risk over the last 3 months. Esta Multi Usaha exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Esta Multi's Variance of 4.37, standard deviation of 2.09, and Mean Deviation of 1.33 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, Esta Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Esta Multi is expected to be smaller as well. At this point, Esta Multi Usaha has a negative expected return of -0.58%. Please make sure to confirm Esta Multi's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Esta Multi Usaha performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.81 |
Very good predictability
Esta Multi Usaha has very good predictability. Overlapping area represents the amount of predictability between Esta Multi time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Esta Multi Usaha price movement. The serial correlation of 0.81 indicates that around 81.0% of current Esta Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 3.54 |
Esta Multi Usaha lagged returns against current returns
Autocorrelation, which is Esta Multi 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 Esta Multi's stock expected returns. We can calculate the autocorrelation of Esta Multi returns to help us make a trade decision. For example, suppose you find that Esta Multi 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 |
Esta Multi 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 Esta Multi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Esta Multi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Esta Multi stock over time.
Current vs Lagged Prices |
| Timeline |
Esta Multi Lagged Returns
When evaluating Esta Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Esta Multi stock have on its future price. Esta Multi 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, Esta Multi autocorrelation shows the relationship between Esta Multi stock current value and its past values and can show if there is a momentum factor associated with investing in Esta Multi Usaha.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Esta Stock
Esta Multi financial ratios help investors to determine whether Esta 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 Esta with respect to the benefits of owning Esta Multi security.