Singaraja Putra (Indonesia) Market Value
| SINI Stock | IDR 4,180 230.00 5.22% |
| Symbol | Singaraja |
Singaraja Putra '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 Singaraja Putra'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 Singaraja Putra.
| 04/02/2023 |
| 11/22/2024 |
If you would invest 0.00 in Singaraja Putra on April 2, 2023 and sell it all today you would earn a total of 0.00 from holding Singaraja Putra or generate 0.0% return on investment in Singaraja Putra over 600 days. Singaraja Putra is related to or competes with Nusantara Almazia, Gaya Abadi, Kencana Energi, Cahayaputra Asa, and Dana Brata. PT Singaraja Putra Tbk engages in the wood business in Indonesia, the Netherlands, Switzerland, France, the United Kingd... More
Singaraja Putra 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 Singaraja Putra'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 Singaraja Putra upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.88 | |||
| Information Ratio | 0.2281 | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (9.91) | |||
| Potential Upside | 9.93 |
Singaraja Putra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Singaraja Putra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Singaraja Putra's standard deviation. In reality, there are many statistical measures that can use Singaraja Putra historical prices to predict the future Singaraja Putra's volatility.| Risk Adjusted Performance | 0.1952 | |||
| Jensen Alpha | 1.66 | |||
| Total Risk Alpha | 0.7591 | |||
| Sortino Ratio | 0.1559 | |||
| Treynor Ratio | (7.43) |
Singaraja Putra Backtested Returns
Singaraja Putra is very steady given 3 months investment horizon. Singaraja Putra owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. We were able to collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.24% are justified by taking the suggested risk. Use Singaraja Putra Semi Deviation of 4.9, risk adjusted performance of 0.1952, and Coefficient Of Variation of 409.29 to evaluate company specific risk that cannot be diversified away. Singaraja Putra holds a performance score of 14 on a scale of zero to a hundred. The entity has a beta of -0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Singaraja Putra are expected to decrease at a much lower rate. During the bear market, Singaraja Putra is likely to outperform the market. Use Singaraja Putra total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Singaraja Putra.
Auto-correlation | -0.64 |
Very good reverse predictability
Singaraja Putra has very good reverse predictability. Overlapping area represents the amount of predictability between Singaraja Putra time series from 2nd of April 2023 to 27th of January 2024 and 27th of January 2024 to 22nd 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 Singaraja Putra price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Singaraja Putra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 2 M |
Singaraja Putra lagged returns against current returns
Autocorrelation, which is Singaraja Putra 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 Singaraja Putra's stock expected returns. We can calculate the autocorrelation of Singaraja Putra returns to help us make a trade decision. For example, suppose you find that Singaraja Putra 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 |
Singaraja Putra 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 Singaraja Putra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Singaraja Putra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Singaraja Putra stock over time.
Current vs Lagged Prices |
| Timeline |
Singaraja Putra Lagged Returns
When evaluating Singaraja Putra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Singaraja Putra stock have on its future price. Singaraja Putra 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, Singaraja Putra autocorrelation shows the relationship between Singaraja Putra stock current value and its past values and can show if there is a momentum factor associated with investing in Singaraja Putra.
Regressed Prices |
| Timeline |
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Singaraja Putra financial ratios help investors to determine whether Singaraja 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 Singaraja with respect to the benefits of owning Singaraja Putra security.