Habco Trans (Indonesia) Market Value
| HATM Stock | 286.00 2.00 0.70% |
| Symbol | Habco |
Habco Trans '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 Habco Trans' 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 Habco Trans.
| 10/27/2024 |
| 11/26/2024 |
Habco Trans 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 Habco Trans' 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 Habco Trans Maritima upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.29 | |||
| Information Ratio | 0.0044 | |||
| Maximum Drawdown | 20.36 | |||
| Value At Risk | (3.68) | |||
| Potential Upside | 4.05 |
Habco Trans Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Habco Trans' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Habco Trans' standard deviation. In reality, there are many statistical measures that can use Habco Trans historical prices to predict the future Habco Trans' volatility.| Risk Adjusted Performance | 0.0449 | |||
| Jensen Alpha | 0.1234 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0029 | |||
| Treynor Ratio | 2.02 |
Habco Trans Maritima Backtested Returns
As of now, Habco Stock is very steady. Habco Trans Maritima holds Efficiency (Sharpe) Ratio of 0.0551, which attests that the entity had a 0.0551% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Habco Trans Maritima, which you can use to evaluate the volatility of the firm. Please check out Habco Trans' Market Risk Adjusted Performance of 2.03, risk adjusted performance of 0.0449, and Downside Deviation of 4.29 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Habco Trans has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.065, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Habco Trans' returns are expected to increase less than the market. However, during the bear market, the loss of holding Habco Trans is expected to be smaller as well. Habco Trans Maritima right now retains a risk of 2.79%. Please check out Habco Trans mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Habco Trans will be following its current trending patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
Habco Trans Maritima has very weak reverse predictability. Overlapping area represents the amount of predictability between Habco Trans time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Habco Trans Maritima price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Habco Trans price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 159.54 |
Habco Trans Maritima lagged returns against current returns
Autocorrelation, which is Habco Trans 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 Habco Trans' stock expected returns. We can calculate the autocorrelation of Habco Trans returns to help us make a trade decision. For example, suppose you find that Habco Trans 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 |
Habco Trans 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 Habco Trans stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Habco Trans stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Habco Trans stock over time.
Current vs Lagged Prices |
| Timeline |
Habco Trans Lagged Returns
When evaluating Habco Trans' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Habco Trans stock have on its future price. Habco Trans 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, Habco Trans autocorrelation shows the relationship between Habco Trans stock current value and its past values and can show if there is a momentum factor associated with investing in Habco Trans Maritima.
Regressed Prices |
| Timeline |
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Habco Trans financial ratios help investors to determine whether Habco 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 Habco with respect to the benefits of owning Habco Trans security.