Sentra Food (Indonesia) Market Value
| FOOD Stock | 115.00 3.00 2.54% |
| Symbol | Sentra |
Sentra Food '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 Sentra Food'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 Sentra Food.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Sentra Food on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Sentra Food Indonesia or generate 0.0% return on investment in Sentra Food over 30 days. Sentra Food is related to or competes with Garudafood Putra, Estika Tata, Campina Ice, PT Wahana, and Era Mandiri. More
Sentra Food 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 Sentra Food'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 Sentra Food Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 8.37 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 2.59 |
Sentra Food Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sentra Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sentra Food's standard deviation. In reality, there are many statistical measures that can use Sentra Food historical prices to predict the future Sentra Food's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.0083 | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.0947 |
Sentra Food Indonesia Backtested Returns
Sentra Food Indonesia owns Efficiency Ratio (i.e., Sharpe Ratio) of -7.0E-4, which indicates the firm had a -7.0E-4% return per unit of risk over the last 3 months. Sentra Food Indonesia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sentra Food's Coefficient Of Variation of (11,286), insignificant risk adjusted performance, and Variance of 2.49 to confirm the risk estimate we provide. The entity has a beta of -0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sentra Food are expected to decrease at a much lower rate. During the bear market, Sentra Food is likely to outperform the market. At this point, Sentra Food Indonesia has a negative expected return of -0.0011%. Please make sure to validate Sentra Food's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Sentra Food Indonesia performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Sentra Food Indonesia has insignificant predictability. Overlapping area represents the amount of predictability between Sentra Food time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Sentra Food Indonesia price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Sentra Food price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.84 |
Sentra Food Indonesia lagged returns against current returns
Autocorrelation, which is Sentra Food 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 Sentra Food's stock expected returns. We can calculate the autocorrelation of Sentra Food returns to help us make a trade decision. For example, suppose you find that Sentra Food 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 |
Sentra Food 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 Sentra Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sentra Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sentra Food stock over time.
Current vs Lagged Prices |
| Timeline |
Sentra Food Lagged Returns
When evaluating Sentra Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sentra Food stock have on its future price. Sentra Food 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, Sentra Food autocorrelation shows the relationship between Sentra Food stock current value and its past values and can show if there is a momentum factor associated with investing in Sentra Food Indonesia.
Regressed Prices |
| Timeline |
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Sentra Food financial ratios help investors to determine whether Sentra 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 Sentra with respect to the benefits of owning Sentra Food security.