PT Soho (Indonesia) Market Value
| SOHO Stock | IDR 690.00 5.00 0.72% |
| Symbol | SOHO |
PT Soho '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 Soho'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 Soho.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in PT Soho on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding PT Soho Global or generate 0.0% return on investment in PT Soho over 360 days. PT Soho is related to or competes with Phapros Tbk, Prodia Widyahusada, Sarana Meditama, Metro Healthcare, and Itama Ranoraya. PT Soho Global Health Tbk operates as a healthcare company in Indonesia More
PT Soho 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 Soho'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 Soho Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.25 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.56 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.53 |
PT Soho Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Soho's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Soho's standard deviation. In reality, there are many statistical measures that can use PT Soho historical prices to predict the future PT Soho's volatility.| Risk Adjusted Performance | 0.0517 | |||
| Jensen Alpha | 0.0667 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.37) |
PT Soho Global Backtested Returns
As of now, SOHO Stock is very steady. PT Soho Global retains Efficiency (Sharpe Ratio) of 0.0786, which implies the firm had a 0.0786% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for PT Soho, which you can use to evaluate the volatility of the company. Please check PT Soho's standard deviation of 0.9217, and Market Risk Adjusted Performance of (0.36) to confirm if the risk estimate we provide is consistent with the expected return of 0.0726%. PT Soho has a performance score of 6 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PT Soho are expected to decrease at a much lower rate. During the bear market, PT Soho is likely to outperform the market. PT Soho Global at this moment owns a risk of 0.92%. Please check PT Soho Global semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if PT Soho Global will be following its current price history.
Auto-correlation | -0.53 |
Good reverse predictability
PT Soho Global has good reverse predictability. Overlapping area represents the amount of predictability between PT Soho time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Soho Global price movement. The serial correlation of -0.53 indicates that about 53.0% of current PT Soho price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 1398.21 |
PT Soho Global lagged returns against current returns
Autocorrelation, which is PT Soho 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 Soho's stock expected returns. We can calculate the autocorrelation of PT Soho returns to help us make a trade decision. For example, suppose you find that PT Soho 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 Soho 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 Soho stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Soho stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Soho stock over time.
Current vs Lagged Prices |
| Timeline |
PT Soho Lagged Returns
When evaluating PT Soho's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Soho stock have on its future price. PT Soho 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 Soho autocorrelation shows the relationship between PT Soho stock current value and its past values and can show if there is a momentum factor associated with investing in PT Soho Global.
Regressed Prices |
| Timeline |
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PT Soho financial ratios help investors to determine whether SOHO 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 SOHO with respect to the benefits of owning PT Soho security.