Sekar Bumi (Indonesia) Market Value
| SKBM Stock | IDR 396.00 2.00 0.50% |
| Symbol | Sekar |
Sekar Bumi '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 Sekar Bumi'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 Sekar Bumi.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Sekar Bumi on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Sekar Bumi Tbk or generate 0.0% return on investment in Sekar Bumi over 90 days. Sekar Bumi is related to or competes with Sekar Laut, Siantar Top, Prasidha Aneka, Mandom Indonesia, and Millennium Pharmacon. More
Sekar Bumi 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 Sekar Bumi'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 Sekar Bumi Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.7 | |||
| Information Ratio | 0.075 | |||
| Maximum Drawdown | 37.0 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 8.61 |
Sekar Bumi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sekar Bumi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sekar Bumi's standard deviation. In reality, there are many statistical measures that can use Sekar Bumi historical prices to predict the future Sekar Bumi's volatility.| Risk Adjusted Performance | 0.0819 | |||
| Jensen Alpha | 0.6209 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.126 | |||
| Treynor Ratio | (1.89) |
Sekar Bumi Tbk Backtested Returns
Sekar Bumi appears to be very steady, given 3 months investment horizon. Sekar Bumi Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0972, which indicates the firm had a 0.0972% return per unit of risk over the last 3 months. By inspecting Sekar Bumi's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please review Sekar Bumi's Risk Adjusted Performance of 0.0819, semi deviation of 3.03, and Coefficient Of Variation of 1044.82 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sekar Bumi holds a performance score of 7. The entity has a beta of -0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sekar Bumi are expected to decrease at a much lower rate. During the bear market, Sekar Bumi is likely to outperform the market. Please check Sekar Bumi's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Sekar Bumi's existing price patterns will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Sekar Bumi Tbk has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Sekar Bumi time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Sekar Bumi Tbk price movement. The serial correlation of -0.76 indicates that around 76.0% of current Sekar Bumi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 365.62 |
Sekar Bumi Tbk lagged returns against current returns
Autocorrelation, which is Sekar Bumi 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 Sekar Bumi's stock expected returns. We can calculate the autocorrelation of Sekar Bumi returns to help us make a trade decision. For example, suppose you find that Sekar Bumi 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 |
Sekar Bumi 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 Sekar Bumi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sekar Bumi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sekar Bumi stock over time.
Current vs Lagged Prices |
| Timeline |
Sekar Bumi Lagged Returns
When evaluating Sekar Bumi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sekar Bumi stock have on its future price. Sekar Bumi 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, Sekar Bumi autocorrelation shows the relationship between Sekar Bumi stock current value and its past values and can show if there is a momentum factor associated with investing in Sekar Bumi Tbk.
Regressed Prices |
| Timeline |
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Sekar Bumi financial ratios help investors to determine whether Sekar 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 Sekar with respect to the benefits of owning Sekar Bumi security.