PT Boston (Indonesia) Market Value
| SOFA Stock | IDR 36.00 3.00 9.09% |
| Symbol | SOFA |
PT Boston '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 PT Boston'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 PT Boston.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in PT Boston on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding PT Boston Furniture or generate 0.0% return on investment in PT Boston over 30 days. PT Boston is related to or competes with Pt Pakuan, Integra Indocabinet, Multistrada Arah, PT MNC, J Resources, Adaro Energy, and Bhuwanatala Indah. PT Boston Furniture Industries Tbk manufactures and sales furniture products for home in Indonesia More
PT Boston 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 PT Boston'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 PT Boston Furniture upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.46 | |||
| Information Ratio | 0.2574 | |||
| Maximum Drawdown | 14.17 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 9.09 |
PT Boston Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Boston's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Boston's standard deviation. In reality, there are many statistical measures that can use PT Boston historical prices to predict the future PT Boston's volatility.| Risk Adjusted Performance | 0.2321 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | 0.4752 | |||
| Sortino Ratio | 0.1812 | |||
| Treynor Ratio | 1.46 |
PT Boston Furniture Backtested Returns
PT Boston is not too volatile given 3 months investment horizon. PT Boston Furniture retains Efficiency (Sharpe Ratio) of 0.31, which implies the firm had a 0.31% return per unit of price deviation 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 1.18% are justified by taking the suggested risk. Use PT Boston Furniture market risk adjusted performance of 1.47, and Standard Deviation of 3.84 to evaluate company specific risk that cannot be diversified away. PT Boston holds a performance score of 24 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of 0.76, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PT Boston's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Boston is expected to be smaller as well. Use PT Boston Furniture semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to analyze future returns on PT Boston Furniture.
Auto-correlation | 0.83 |
Very good predictability
PT Boston Furniture has very good predictability. Overlapping area represents the amount of predictability between PT Boston time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 PT Boston Furniture price movement. The serial correlation of 0.83 indicates that around 83.0% of current PT Boston price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 17.96 |
PT Boston Furniture lagged returns against current returns
Autocorrelation, which is PT Boston 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 PT Boston's stock expected returns. We can calculate the autocorrelation of PT Boston returns to help us make a trade decision. For example, suppose you find that PT Boston 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 |
PT Boston 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 PT Boston stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Boston stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Boston stock over time.
Current vs Lagged Prices |
| Timeline |
PT Boston Lagged Returns
When evaluating PT Boston's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Boston stock have on its future price. PT Boston 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, PT Boston autocorrelation shows the relationship between PT Boston stock current value and its past values and can show if there is a momentum factor associated with investing in PT Boston Furniture.
Regressed Prices |
| Timeline |
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PT Boston financial ratios help investors to determine whether SOFA 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 SOFA with respect to the benefits of owning PT Boston security.