Sentral Mitra (Indonesia) Market Value
| LUCK Stock | 65.00 1.00 1.52% |
| Symbol | Sentral |
Sentral Mitra '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 Sentral Mitra'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 Sentral Mitra.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Sentral Mitra on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Sentral Mitra Informatika or generate 0.0% return on investment in Sentral Mitra over 180 days. Sentral Mitra is related to or competes with Kioson Komersial, Multipolar Technology, Hensel Davest, NFC Indonesia, and Digital Mediatama. More
Sentral Mitra 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 Sentral Mitra'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 Sentral Mitra Informatika upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.95 | |||
| Information Ratio | 0.0385 | |||
| Maximum Drawdown | 47.25 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 9.72 |
Sentral Mitra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sentral Mitra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sentral Mitra's standard deviation. In reality, there are many statistical measures that can use Sentral Mitra historical prices to predict the future Sentral Mitra's volatility.| Risk Adjusted Performance | 0.0541 | |||
| Jensen Alpha | 0.4605 | |||
| Total Risk Alpha | (0.72) | |||
| Sortino Ratio | 0.0646 | |||
| Treynor Ratio | (0.63) |
Sentral Mitra Informatika Backtested Returns
Sentral Mitra Informatika owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0301, which indicates the firm had a -0.0301% return per unit of risk over the last 3 months. Sentral Mitra Informatika exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sentral Mitra's Semi Deviation of 3.37, risk adjusted performance of 0.0541, and Coefficient Of Variation of 1689.03 to confirm the risk estimate we provide. The entity has a beta of -0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sentral Mitra are expected to decrease at a much lower rate. During the bear market, Sentral Mitra is likely to outperform the market. At this point, Sentral Mitra Informatika has a negative expected return of -0.13%. Please make sure to validate Sentral Mitra's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Sentral Mitra Informatika performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Sentral Mitra Informatika has weak reverse predictability. Overlapping area represents the amount of predictability between Sentral Mitra time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 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 Sentral Mitra Informatika price movement. The serial correlation of -0.25 indicates that over 25.0% of current Sentral Mitra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 31.9 |
Sentral Mitra Informatika lagged returns against current returns
Autocorrelation, which is Sentral Mitra 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 Sentral Mitra's stock expected returns. We can calculate the autocorrelation of Sentral Mitra returns to help us make a trade decision. For example, suppose you find that Sentral Mitra 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 |
Sentral Mitra 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 Sentral Mitra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sentral Mitra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sentral Mitra stock over time.
Current vs Lagged Prices |
| Timeline |
Sentral Mitra Lagged Returns
When evaluating Sentral Mitra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sentral Mitra stock have on its future price. Sentral Mitra 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, Sentral Mitra autocorrelation shows the relationship between Sentral Mitra stock current value and its past values and can show if there is a momentum factor associated with investing in Sentral Mitra Informatika.
Regressed Prices |
| Timeline |
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Sentral Mitra financial ratios help investors to determine whether Sentral 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 Sentral with respect to the benefits of owning Sentral Mitra security.