Trust Finance (Indonesia) Market Value
| TRUS Stock | IDR 620.00 124.00 25.00% |
| Symbol | Trust |
Trust Finance '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 Trust Finance'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 Trust Finance.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Trust Finance on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Trust Finance Indonesia or generate 0.0% return on investment in Trust Finance over 90 days. Trust Finance is related to or competes with Wahana Ottomitra, Yulie Sekurindo, Trimegah Securities, Mandala Multifinance, and Reliance Securities. More
Trust Finance 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 Trust Finance'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 Trust Finance Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.48 | |||
| Information Ratio | 0.129 | |||
| Maximum Drawdown | 11.78 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 5.21 |
Trust Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trust Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trust Finance's standard deviation. In reality, there are many statistical measures that can use Trust Finance historical prices to predict the future Trust Finance's volatility.| Risk Adjusted Performance | 0.125 | |||
| Jensen Alpha | 0.5957 | |||
| Total Risk Alpha | 0.0027 | |||
| Sortino Ratio | 0.1968 | |||
| Treynor Ratio | 9.21 |
Trust Finance Indonesia Backtested Returns
Trust Finance appears to be very steady, given 3 months investment horizon. Trust Finance Indonesia owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Trust Finance's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please review Trust Finance's Coefficient Of Variation of 617.89, semi deviation of 1.67, and Risk Adjusted Performance of 0.125 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trust Finance holds a performance score of 12. The entity has a beta of 0.0655, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Trust Finance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trust Finance is expected to be smaller as well. Please check Trust Finance's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Trust Finance's existing price patterns will revert.
Auto-correlation | 0.14 |
Insignificant predictability
Trust Finance Indonesia has insignificant predictability. Overlapping area represents the amount of predictability between Trust Finance time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Trust Finance Indonesia price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Trust Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 1218.0 |
Trust Finance Indonesia lagged returns against current returns
Autocorrelation, which is Trust Finance 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 Trust Finance's stock expected returns. We can calculate the autocorrelation of Trust Finance returns to help us make a trade decision. For example, suppose you find that Trust Finance 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 |
Trust Finance 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 Trust Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trust Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trust Finance stock over time.
Current vs Lagged Prices |
| Timeline |
Trust Finance Lagged Returns
When evaluating Trust Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trust Finance stock have on its future price. Trust Finance 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, Trust Finance autocorrelation shows the relationship between Trust Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Trust Finance Indonesia.
Regressed Prices |
| Timeline |
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Trust Finance financial ratios help investors to determine whether Trust 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 Trust with respect to the benefits of owning Trust Finance security.