Sumber Tani (Indonesia) Market Value
| STAA Stock | 815.00 5.00 0.61% |
| Symbol | Sumber |
Sumber Tani '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 Sumber Tani'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 Sumber Tani.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Sumber Tani on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Sumber Tani Agung or generate 0.0% return on investment in Sumber Tani over 30 days. Sumber Tani is related to or competes with Triputra Agro, Dayamitra Telekomunikasi, RMK Energy, Dharma Satya, and Cisarua Mountain. More
Sumber Tani 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 Sumber Tani'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 Sumber Tani Agung upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.11 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 2.94 |
Sumber Tani Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sumber Tani's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sumber Tani's standard deviation. In reality, there are many statistical measures that can use Sumber Tani historical prices to predict the future Sumber Tani's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 8.66 |
Sumber Tani Agung Backtested Returns
Sumber Tani Agung owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0662, which indicates the firm had a -0.0662% return per unit of risk over the last 3 months. Sumber Tani Agung exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sumber Tani's Variance of 2.35, coefficient of variation of (3,584), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of -0.0061, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sumber Tani are expected to decrease at a much lower rate. During the bear market, Sumber Tani is likely to outperform the market. At this point, Sumber Tani Agung has a negative expected return of -0.0995%. Please make sure to validate Sumber Tani's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Sumber Tani Agung performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Sumber Tani Agung has very good reverse predictability. Overlapping area represents the amount of predictability between Sumber Tani time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 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 Sumber Tani Agung price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Sumber Tani price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 98.98 |
Sumber Tani Agung lagged returns against current returns
Autocorrelation, which is Sumber Tani 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 Sumber Tani's stock expected returns. We can calculate the autocorrelation of Sumber Tani returns to help us make a trade decision. For example, suppose you find that Sumber Tani 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 |
Sumber Tani 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 Sumber Tani stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sumber Tani stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sumber Tani stock over time.
Current vs Lagged Prices |
| Timeline |
Sumber Tani Lagged Returns
When evaluating Sumber Tani's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sumber Tani stock have on its future price. Sumber Tani 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, Sumber Tani autocorrelation shows the relationship between Sumber Tani stock current value and its past values and can show if there is a momentum factor associated with investing in Sumber Tani Agung.
Regressed Prices |
| Timeline |
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Sumber Tani financial ratios help investors to determine whether Sumber 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 Sumber with respect to the benefits of owning Sumber Tani security.