Terregra Asia (Indonesia) Market Value
| TGRA Stock | IDR 20.00 2.00 9.09% |
| Symbol | Terregra |
Terregra Asia '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 Terregra Asia'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 Terregra Asia.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Terregra Asia on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Terregra Asia Energy or generate 0.0% return on investment in Terregra Asia over 720 days. Terregra Asia is related to or competes with Kapuas Prima, Cikarang Listrindo, PP Presisi, Alfa Energi, and Rukun Raharja. More
Terregra Asia 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 Terregra Asia'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 Terregra Asia Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 18.7 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 7.69 |
Terregra Asia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Terregra Asia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Terregra Asia's standard deviation. In reality, there are many statistical measures that can use Terregra Asia historical prices to predict the future Terregra Asia's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (0.55) |
Terregra Asia Energy Backtested Returns
Terregra Asia Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0923, which indicates the firm had a -0.0923% return per unit of risk over the last 3 months. Terregra Asia Energy exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Terregra Asia's Risk Adjusted Performance of (0.04), variance of 18.96, and Coefficient Of Variation of (1,435) to confirm the risk estimate we provide. The entity has a beta of 0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Terregra Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Terregra Asia is expected to be smaller as well. At this point, Terregra Asia Energy has a negative expected return of -0.39%. Please make sure to validate Terregra Asia's skewness, daily balance of power, and the relationship between the potential upside and kurtosis , to decide if Terregra Asia Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Terregra Asia Energy has very weak reverse predictability. Overlapping area represents the amount of predictability between Terregra Asia time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Terregra Asia Energy price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Terregra Asia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 202.16 |
Terregra Asia Energy lagged returns against current returns
Autocorrelation, which is Terregra Asia 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 Terregra Asia's stock expected returns. We can calculate the autocorrelation of Terregra Asia returns to help us make a trade decision. For example, suppose you find that Terregra Asia 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 |
Terregra Asia 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 Terregra Asia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Terregra Asia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Terregra Asia stock over time.
Current vs Lagged Prices |
| Timeline |
Terregra Asia Lagged Returns
When evaluating Terregra Asia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Terregra Asia stock have on its future price. Terregra Asia 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, Terregra Asia autocorrelation shows the relationship between Terregra Asia stock current value and its past values and can show if there is a momentum factor associated with investing in Terregra Asia Energy.
Regressed Prices |
| Timeline |
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Terregra Asia financial ratios help investors to determine whether Terregra 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 Terregra with respect to the benefits of owning Terregra Asia security.