Sepeda Bersama (Indonesia) Market Value
| BIKE Stock | 515.00 5.00 0.96% |
| Symbol | Sepeda |
Sepeda Bersama '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 Sepeda Bersama'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 Sepeda Bersama.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Sepeda Bersama on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Sepeda Bersama Indonesia or generate 0.0% return on investment in Sepeda Bersama over 30 days. Sepeda Bersama is related to or competes with Autopedia Sukses, Champ Resto, Adhi Commuter, GTS Internasional, and Avia Avian. More
Sepeda Bersama 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 Sepeda Bersama'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 Sepeda Bersama Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 6.29 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 1.82 |
Sepeda Bersama Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sepeda Bersama's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sepeda Bersama's standard deviation. In reality, there are many statistical measures that can use Sepeda Bersama historical prices to predict the future Sepeda Bersama's volatility.| Risk Adjusted Performance | (0.24) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.95) |
Sepeda Bersama Indonesia Backtested Returns
Sepeda Bersama Indonesia owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.27, which indicates the firm had a -0.27% return per unit of risk over the last 3 months. Sepeda Bersama Indonesia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sepeda Bersama's Risk Adjusted Performance of (0.24), variance of 2.47, and Coefficient Of Variation of (311.66) to confirm the risk estimate we provide. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sepeda Bersama's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sepeda Bersama is expected to be smaller as well. At this point, Sepeda Bersama Indonesia has a negative expected return of -0.42%. Please make sure to validate Sepeda Bersama's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Sepeda Bersama Indonesia performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Sepeda Bersama Indonesia has below average predictability. Overlapping area represents the amount of predictability between Sepeda Bersama time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Sepeda Bersama Indonesia price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Sepeda Bersama price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 35.54 |
Sepeda Bersama Indonesia lagged returns against current returns
Autocorrelation, which is Sepeda Bersama 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 Sepeda Bersama's stock expected returns. We can calculate the autocorrelation of Sepeda Bersama returns to help us make a trade decision. For example, suppose you find that Sepeda Bersama 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 |
Sepeda Bersama 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 Sepeda Bersama stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sepeda Bersama stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sepeda Bersama stock over time.
Current vs Lagged Prices |
| Timeline |
Sepeda Bersama Lagged Returns
When evaluating Sepeda Bersama's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sepeda Bersama stock have on its future price. Sepeda Bersama 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, Sepeda Bersama autocorrelation shows the relationship between Sepeda Bersama stock current value and its past values and can show if there is a momentum factor associated with investing in Sepeda Bersama Indonesia.
Regressed Prices |
| Timeline |
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Sepeda Bersama financial ratios help investors to determine whether Sepeda 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 Sepeda with respect to the benefits of owning Sepeda Bersama security.