Satria Mega (Indonesia) Market Value
| SOTS Stock | IDR 338.00 2.00 0.59% |
| Symbol | Satria |
Satria Mega '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 Satria Mega'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 Satria Mega.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Satria Mega on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Satria Mega Kencana or generate 0.0% return on investment in Satria Mega over 360 days. Satria Mega is related to or competes with Shield On, MNC Studios, Royal Prima, Sanurhasta Mitra, and Jaya Sukses. PT Satria Mega Kencana Tbk, through its subsidiaries, operates hotels under the Sotis brand in Indonesia More
Satria Mega 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 Satria Mega'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 Satria Mega Kencana upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.93 | |||
| Information Ratio | 0.0087 | |||
| Maximum Drawdown | 33.87 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 5.92 |
Satria Mega Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Satria Mega's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Satria Mega's standard deviation. In reality, there are many statistical measures that can use Satria Mega historical prices to predict the future Satria Mega's volatility.| Risk Adjusted Performance | 0.0345 | |||
| Jensen Alpha | 0.2275 | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | 0.0115 | |||
| Treynor Ratio | (0.33) |
Satria Mega Kencana Backtested Returns
As of now, Satria Stock is very steady. Satria Mega Kencana owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.027, which indicates the firm had a 0.027% return per unit of risk over the last 3 months. We have found thirty technical indicators for Satria Mega Kencana, which you can use to evaluate the volatility of the company. Please validate Satria Mega's Semi Deviation of 3.2, risk adjusted performance of 0.0345, and Coefficient Of Variation of 2953.08 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Satria Mega has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Satria Mega are expected to decrease at a much lower rate. During the bear market, Satria Mega is likely to outperform the market. Satria Mega Kencana right now has a risk of 5.24%. Please validate Satria Mega value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to decide if Satria Mega will be following its existing price patterns.
Auto-correlation | -0.62 |
Very good reverse predictability
Satria Mega Kencana has very good reverse predictability. Overlapping area represents the amount of predictability between Satria Mega 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 Satria Mega Kencana price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Satria Mega price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 5715.84 |
Satria Mega Kencana lagged returns against current returns
Autocorrelation, which is Satria Mega 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 Satria Mega's stock expected returns. We can calculate the autocorrelation of Satria Mega returns to help us make a trade decision. For example, suppose you find that Satria Mega 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 |
Satria Mega 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 Satria Mega stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Satria Mega stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Satria Mega stock over time.
Current vs Lagged Prices |
| Timeline |
Satria Mega Lagged Returns
When evaluating Satria Mega's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Satria Mega stock have on its future price. Satria Mega 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, Satria Mega autocorrelation shows the relationship between Satria Mega stock current value and its past values and can show if there is a momentum factor associated with investing in Satria Mega Kencana.
Regressed Prices |
| Timeline |
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Satria Mega financial ratios help investors to determine whether Satria 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 Satria with respect to the benefits of owning Satria Mega security.