Trimitra Prawara (Indonesia) Market Value
| ATAP Stock | IDR 25.00 1.00 3.85% |
| Symbol | Trimitra |
Trimitra Prawara '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 Trimitra Prawara'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 Trimitra Prawara.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Trimitra Prawara on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Trimitra Prawara Goldland or generate 0.0% return on investment in Trimitra Prawara over 30 days. Trimitra Prawara is related to or competes with Karya Bersama, Andalan Sakti, and Gozco Plantations. PT Trimitra Prawara Goldland Tbk engages in the property development business in Indonesia More
Trimitra Prawara 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 Trimitra Prawara'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 Trimitra Prawara Goldland upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 44.0 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 7.41 |
Trimitra Prawara Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trimitra Prawara's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trimitra Prawara's standard deviation. In reality, there are many statistical measures that can use Trimitra Prawara historical prices to predict the future Trimitra Prawara's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (1.02) | |||
| Total Risk Alpha | (1.83) | |||
| Treynor Ratio | (0.64) |
Trimitra Prawara Goldland Backtested Returns
Trimitra Prawara Goldland owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.25, which indicates the firm had a -0.25% return per unit of risk over the last 3 months. Trimitra Prawara Goldland exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trimitra Prawara's Risk Adjusted Performance of (0.09), variance of 40.65, and Coefficient Of Variation of (742.36) to confirm the risk estimate we provide. The entity has a beta of 1.35, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Trimitra Prawara will likely underperform. At this point, Trimitra Prawara Goldland has a negative expected return of -1.14%. Please make sure to validate Trimitra Prawara's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Trimitra Prawara Goldland performance from the past will be repeated at some point in the near future.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 1.27 |
Trimitra Prawara Goldland lagged returns against current returns
Autocorrelation, which is Trimitra Prawara 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 Trimitra Prawara's stock expected returns. We can calculate the autocorrelation of Trimitra Prawara returns to help us make a trade decision. For example, suppose you find that Trimitra Prawara 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 |
Trimitra Prawara 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 Trimitra Prawara stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trimitra Prawara stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trimitra Prawara stock over time.
Current vs Lagged Prices |
| Timeline |
Trimitra Prawara Lagged Returns
When evaluating Trimitra Prawara's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trimitra Prawara stock have on its future price. Trimitra Prawara 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, Trimitra Prawara autocorrelation shows the relationship between Trimitra Prawara stock current value and its past values and can show if there is a momentum factor associated with investing in Trimitra Prawara Goldland.
Regressed Prices |
| Timeline |
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Trimitra Prawara financial ratios help investors to determine whether Trimitra 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 Trimitra with respect to the benefits of owning Trimitra Prawara security.