Steady Safe (Indonesia) Market Value
| SAFE Stock | IDR 260.00 2.00 0.76% |
| Symbol | Steady |
Steady Safe '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 Steady Safe'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 Steady Safe.
| 03/10/2023 |
| 02/27/2025 |
If you would invest 0.00 in Steady Safe on March 10, 2023 and sell it all today you would earn a total of 0.00 from holding Steady Safe TBK or generate 0.0% return on investment in Steady Safe over 720 days. Steady Safe is related to or competes with Rig Tenders, Weha Transportasi, Dosni Roha, Samudera Indonesia, and PT Temas. More
Steady Safe 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 Steady Safe'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 Steady Safe TBK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.25 | |||
| Information Ratio | 0.0014 | |||
| Maximum Drawdown | 48.45 | |||
| Value At Risk | (12.39) | |||
| Potential Upside | 24.59 |
Steady Safe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steady Safe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Steady Safe's standard deviation. In reality, there are many statistical measures that can use Steady Safe historical prices to predict the future Steady Safe's volatility.| Risk Adjusted Performance | 0.0105 | |||
| Jensen Alpha | 0.0287 | |||
| Total Risk Alpha | 0.092 | |||
| Sortino Ratio | 0.0021 | |||
| Treynor Ratio | 0.002 |
Steady Safe TBK Backtested Returns
Steady Safe appears to be very steady, given 3 months investment horizon. Steady Safe TBK owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0561, which indicates the firm had a 0.0561 % return per unit of risk over the last 3 months. By inspecting Steady Safe's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please review Steady Safe's Semi Deviation of 6.04, coefficient of variation of 57948.23, and Risk Adjusted Performance of 0.0105 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Steady Safe holds a performance score of 4. The entity has a beta of 3.39, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Steady Safe will likely underperform. Please check Steady Safe's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Steady Safe's existing price patterns will revert.
Auto-correlation | -0.54 |
Good reverse predictability
Steady Safe TBK has good reverse predictability. Overlapping area represents the amount of predictability between Steady Safe time series from 10th of March 2023 to 4th of March 2024 and 4th of March 2024 to 27th of February 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 Steady Safe TBK price movement. The serial correlation of -0.54 indicates that about 54.0% of current Steady Safe price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 4244.32 |
Steady Safe TBK lagged returns against current returns
Autocorrelation, which is Steady Safe 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 Steady Safe's stock expected returns. We can calculate the autocorrelation of Steady Safe returns to help us make a trade decision. For example, suppose you find that Steady Safe 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 |
Steady Safe 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 Steady Safe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Steady Safe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Steady Safe stock over time.
Current vs Lagged Prices |
| Timeline |
Steady Safe Lagged Returns
When evaluating Steady Safe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Steady Safe stock have on its future price. Steady Safe 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, Steady Safe autocorrelation shows the relationship between Steady Safe stock current value and its past values and can show if there is a momentum factor associated with investing in Steady Safe TBK.
Regressed Prices |
| Timeline |
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Steady Safe financial ratios help investors to determine whether Steady 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 Steady with respect to the benefits of owning Steady Safe security.