PT Toba (Indonesia) Market Value
| CRAB Stock | 260.00 2.00 0.76% |
| Symbol | CRAB |
PT Toba '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 PT Toba'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 PT Toba.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in PT Toba on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding PT Toba Surimi or generate 0.0% return on investment in PT Toba over 690 days. PT Toba is related to or competes with Garudafood Putra, Estika Tata, Campina Ice, PT Wahana, and Era Mandiri. More
PT Toba 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 PT Toba'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 PT Toba Surimi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 6.21 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.55 |
PT Toba Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Toba's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Toba's standard deviation. In reality, there are many statistical measures that can use PT Toba historical prices to predict the future PT Toba's volatility.| Risk Adjusted Performance | (0.0004) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.03) |
PT Toba Surimi Backtested Returns
As of now, CRAB Stock is very steady. PT Toba Surimi retains Efficiency (Sharpe Ratio) of 0.0165, which implies the firm had a 0.0165% return per unit of price deviation over the last 3 months. We have found twenty-three technical indicators for PT Toba, which you can use to evaluate the volatility of the company. Please check PT Toba's market risk adjusted performance of (0.02), and Information Ratio of (0.12) to confirm if the risk estimate we provide is consistent with the expected return of 0.0189%. PT Toba has a performance score of 1 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.44, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PT Toba's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Toba is expected to be smaller as well. PT Toba Surimi at this moment owns a risk of 1.14%. Please check PT Toba Surimi coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if PT Toba Surimi will be following its current price history.
Auto-correlation | -0.18 |
Insignificant reverse predictability
PT Toba Surimi has insignificant reverse predictability. Overlapping area represents the amount of predictability between PT Toba time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 PT Toba Surimi price movement. The serial correlation of -0.18 indicates that over 18.0% of current PT Toba price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 620.84 |
PT Toba Surimi lagged returns against current returns
Autocorrelation, which is PT Toba 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 PT Toba's stock expected returns. We can calculate the autocorrelation of PT Toba returns to help us make a trade decision. For example, suppose you find that PT Toba 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 |
PT Toba 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 PT Toba stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Toba stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Toba stock over time.
Current vs Lagged Prices |
| Timeline |
PT Toba Lagged Returns
When evaluating PT Toba's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Toba stock have on its future price. PT Toba 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, PT Toba autocorrelation shows the relationship between PT Toba stock current value and its past values and can show if there is a momentum factor associated with investing in PT Toba Surimi.
Regressed Prices |
| Timeline |
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PT Toba financial ratios help investors to determine whether CRAB 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 CRAB with respect to the benefits of owning PT Toba security.