Trimegah Karya (Indonesia) Market Value
| UVCR Stock | 62.00 5.00 7.46% |
| Symbol | Trimegah |
Trimegah Karya '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 Karya'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 Trimegah Karya.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Trimegah Karya on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Trimegah Karya Pratama or generate 0.0% return on investment in Trimegah Karya over 90 days. Trimegah Karya is related to or competes with Metro Healthcare, PT Indofood, Enseval Putra, Dharma Polimetal, City Retail, and Garudafood Putra. More
Trimegah Karya 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 Karya'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 Trimegah Karya Pratama upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.26 | |||
| Information Ratio | 0.0284 | |||
| Maximum Drawdown | 46.04 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 4.0 |
Trimegah Karya Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trimegah Karya's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trimegah Karya's standard deviation. In reality, there are many statistical measures that can use Trimegah Karya historical prices to predict the future Trimegah Karya's volatility.| Risk Adjusted Performance | 0.017 | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | 0.712 | |||
| Sortino Ratio | 0.0356 | |||
| Treynor Ratio | (0.03) |
Trimegah Karya Pratama Backtested Returns
As of now, Trimegah Stock is not too volatile. Trimegah Karya Pratama owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0343, which indicates the firm had a 0.0343 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trimegah Karya Pratama, which you can use to evaluate the volatility of the company. Please validate Trimegah Karya's Coefficient Of Variation of 10114.46, semi deviation of 2.85, and Risk Adjusted Performance of 0.017 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Trimegah Karya has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -1.58, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Trimegah Karya are expected to decrease by larger amounts. On the other hand, during market turmoil, Trimegah Karya is expected to outperform it. Trimegah Karya Pratama right now has a risk of 5.6%. Please validate Trimegah Karya standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Trimegah Karya will be following its existing price patterns.
Auto-correlation | 0.25 |
Poor predictability
Trimegah Karya Pratama has poor predictability. Overlapping area represents the amount of predictability between Trimegah Karya time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Trimegah Karya Pratama price movement. The serial correlation of 0.25 indicates that over 25.0% of current Trimegah Karya price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.89 |
Trimegah Karya Pratama lagged returns against current returns
Autocorrelation, which is Trimegah Karya 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 Karya's stock expected returns. We can calculate the autocorrelation of Trimegah Karya returns to help us make a trade decision. For example, suppose you find that Trimegah Karya 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 Karya 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 Karya stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trimegah Karya stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trimegah Karya stock over time.
Current vs Lagged Prices |
| Timeline |
Trimegah Karya Lagged Returns
When evaluating Trimegah Karya's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trimegah Karya stock have on its future price. Trimegah Karya 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 Karya autocorrelation shows the relationship between Trimegah Karya stock current value and its past values and can show if there is a momentum factor associated with investing in Trimegah Karya Pratama.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Trimegah Stock
Trimegah Karya 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 Karya security.