Sunson Textile (Indonesia) Market Value
| SSTM Stock | IDR 202.00 2.00 1.00% |
| Symbol | Sunson |
Sunson Textile '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 Sunson Textile'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 Sunson Textile.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Sunson Textile on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Sunson Textile Manufacturer or generate 0.0% return on investment in Sunson Textile over 90 days. Sunson Textile is related to or competes with Tifico Fiber, Ricky Putra, Supreme Cable, Voksel Electric, and Asia Pacific. More
Sunson Textile 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 Sunson Textile'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 Sunson Textile Manufacturer upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.59 | |||
| Information Ratio | 0.1189 | |||
| Maximum Drawdown | 53.33 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 24.71 |
Sunson Textile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sunson Textile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sunson Textile's standard deviation. In reality, there are many statistical measures that can use Sunson Textile historical prices to predict the future Sunson Textile's volatility.| Risk Adjusted Performance | 0.098 | |||
| Jensen Alpha | 0.6887 | |||
| Total Risk Alpha | 2.65 | |||
| Sortino Ratio | 0.1752 | |||
| Treynor Ratio | (0.44) |
Sunson Textile Manuf Backtested Returns
Sunson Textile Manuf owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0746, which indicates the firm had a -0.0746 % return per unit of risk over the last 3 months. Sunson Textile Manufacturer exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sunson Textile's Semi Deviation of 5.42, coefficient of variation of 949.61, and Risk Adjusted Performance of 0.098 to confirm the risk estimate we provide. The entity has a beta of -2.28, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sunson Textile are expected to decrease by larger amounts. On the other hand, during market turmoil, Sunson Textile is expected to outperform it. At this point, Sunson Textile Manuf has a negative expected return of -0.44%. Please make sure to validate Sunson Textile's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Sunson Textile Manuf performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.24 |
Weak predictability
Sunson Textile Manufacturer has weak predictability. Overlapping area represents the amount of predictability between Sunson Textile time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Sunson Textile Manuf price movement. The serial correlation of 0.24 indicates that over 24.0% of current Sunson Textile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 34.15 |
Sunson Textile Manuf lagged returns against current returns
Autocorrelation, which is Sunson Textile 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 Sunson Textile's stock expected returns. We can calculate the autocorrelation of Sunson Textile returns to help us make a trade decision. For example, suppose you find that Sunson Textile 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 |
Sunson Textile 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 Sunson Textile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sunson Textile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sunson Textile stock over time.
Current vs Lagged Prices |
| Timeline |
Sunson Textile Lagged Returns
When evaluating Sunson Textile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sunson Textile stock have on its future price. Sunson Textile 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, Sunson Textile autocorrelation shows the relationship between Sunson Textile stock current value and its past values and can show if there is a momentum factor associated with investing in Sunson Textile Manufacturer.
Regressed Prices |
| Timeline |
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Sunson Textile financial ratios help investors to determine whether Sunson 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 Sunson with respect to the benefits of owning Sunson Textile security.