Trimegah Securities (Indonesia) Market Value
| TRIM Stock | IDR 380.00 8.00 2.15% |
| Symbol | Trimegah |
Trimegah Securities '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 Trimegah Securities' 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 Trimegah Securities.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Trimegah Securities on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Trimegah Securities Tbk or generate 0.0% return on investment in Trimegah Securities over 30 days. Trimegah Securities is related to or competes with Paninvest Tbk, Maskapai Reasuransi, Panin Sekuritas, Wahana Ottomitra, and Lenox Pasifik. PT Trimegah Sekuritas Indonesia Tbk engages in the securities brokerage and underwriting, and investment management acti... More
Trimegah Securities 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 Trimegah Securities' 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 Trimegah Securities Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.1571 | |||
| Maximum Drawdown | 12.44 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 5.67 |
Trimegah Securities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trimegah Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trimegah Securities' standard deviation. In reality, there are many statistical measures that can use Trimegah Securities historical prices to predict the future Trimegah Securities' volatility.| Risk Adjusted Performance | 0.159 | |||
| Jensen Alpha | 0.5491 | |||
| Total Risk Alpha | 0.1112 | |||
| Sortino Ratio | 0.2108 | |||
| Treynor Ratio | (0.79) |
Trimegah Securities Tbk Backtested Returns
Trimegah Securities appears to be very steady, given 3 months investment horizon. Trimegah Securities Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Trimegah Securities' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Trimegah Securities' Coefficient Of Variation of 474.78, risk adjusted performance of 0.159, and Semi Deviation of 1.14 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trimegah Securities holds a performance score of 17. The entity has a beta of -0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Trimegah Securities are expected to decrease at a much lower rate. During the bear market, Trimegah Securities is likely to outperform the market. Please check Trimegah Securities' total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Trimegah Securities' existing price patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
Trimegah Securities Tbk has very good predictability. Overlapping area represents the amount of predictability between Trimegah Securities time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Trimegah Securities Tbk price movement. The serial correlation of 0.81 indicates that around 81.0% of current Trimegah Securities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 211.36 |
Trimegah Securities Tbk lagged returns against current returns
Autocorrelation, which is Trimegah Securities 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 Trimegah Securities' stock expected returns. We can calculate the autocorrelation of Trimegah Securities returns to help us make a trade decision. For example, suppose you find that Trimegah Securities 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 |
Trimegah Securities 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 Trimegah Securities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trimegah Securities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trimegah Securities stock over time.
Current vs Lagged Prices |
| Timeline |
Trimegah Securities Lagged Returns
When evaluating Trimegah Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trimegah Securities stock have on its future price. Trimegah Securities 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, Trimegah Securities autocorrelation shows the relationship between Trimegah Securities stock current value and its past values and can show if there is a momentum factor associated with investing in Trimegah Securities Tbk.
Regressed Prices |
| Timeline |
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Trimegah Securities financial ratios help investors to determine whether Trimegah 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 Trimegah with respect to the benefits of owning Trimegah Securities security.