Suryamas Dutamakmur (Indonesia) Market Value
| SMDM Stock | IDR 515.00 5.00 0.96% |
| Symbol | Suryamas |
Suryamas Dutamakmur '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 Suryamas Dutamakmur'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 Suryamas Dutamakmur.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Suryamas Dutamakmur on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Suryamas Dutamakmur Tbk or generate 0.0% return on investment in Suryamas Dutamakmur over 720 days. Suryamas Dutamakmur is related to or competes with Pikko Land, Ristia Bintang, Pudjiadi Prestige, Indonesia Prima, and Mnc Land. More
Suryamas Dutamakmur 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 Suryamas Dutamakmur'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 Suryamas Dutamakmur Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8491 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.2 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.22 |
Suryamas Dutamakmur Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Suryamas Dutamakmur's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suryamas Dutamakmur's standard deviation. In reality, there are many statistical measures that can use Suryamas Dutamakmur historical prices to predict the future Suryamas Dutamakmur's volatility.| Risk Adjusted Performance | 0.1121 | |||
| Jensen Alpha | 0.0996 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (1.64) |
Suryamas Dutamakmur Tbk Backtested Returns
As of now, Suryamas Stock is very steady. Suryamas Dutamakmur Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Suryamas Dutamakmur Tbk, which you can use to evaluate the volatility of the company. Please validate Suryamas Dutamakmur's Semi Deviation of 0.2813, coefficient of variation of 677.82, and Risk Adjusted Performance of 0.1121 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. Suryamas Dutamakmur has a performance score of 11 on a scale of 0 to 100. The entity has a beta of -0.0566, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Suryamas Dutamakmur are expected to decrease at a much lower rate. During the bear market, Suryamas Dutamakmur is likely to outperform the market. Suryamas Dutamakmur Tbk right now has a risk of 0.7%. Please validate Suryamas Dutamakmur sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Suryamas Dutamakmur will be following its existing price patterns.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Suryamas Dutamakmur Tbk has insignificant reverse predictability. Overlapping area represents the amount of predictability between Suryamas Dutamakmur time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Suryamas Dutamakmur Tbk price movement. The serial correlation of -0.17 indicates that over 17.0% of current Suryamas Dutamakmur price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 22.6 K |
Suryamas Dutamakmur Tbk lagged returns against current returns
Autocorrelation, which is Suryamas Dutamakmur 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 Suryamas Dutamakmur's stock expected returns. We can calculate the autocorrelation of Suryamas Dutamakmur returns to help us make a trade decision. For example, suppose you find that Suryamas Dutamakmur 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 |
Suryamas Dutamakmur 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 Suryamas Dutamakmur stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Suryamas Dutamakmur stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Suryamas Dutamakmur stock over time.
Current vs Lagged Prices |
| Timeline |
Suryamas Dutamakmur Lagged Returns
When evaluating Suryamas Dutamakmur's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Suryamas Dutamakmur stock have on its future price. Suryamas Dutamakmur 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, Suryamas Dutamakmur autocorrelation shows the relationship between Suryamas Dutamakmur stock current value and its past values and can show if there is a momentum factor associated with investing in Suryamas Dutamakmur Tbk.
Regressed Prices |
| Timeline |
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Suryamas Dutamakmur financial ratios help investors to determine whether Suryamas 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 Suryamas with respect to the benefits of owning Suryamas Dutamakmur security.