Sri Rejeki (Indonesia) Market Value
| SRIL Stock | IDR 146.00 0.00 0.00% |
| Symbol | Sri |
Sri Rejeki '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 Sri Rejeki'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 Sri Rejeki.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Sri Rejeki on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Sri Rejeki IsmanPT or generate 0.0% return on investment in Sri Rejeki over 30 days. Sri Rejeki is related to or competes with PT Jobubu, Equity Development, Eastparc Hotel, Envy Technologies, and Indo Acidatama. More
Sri Rejeki 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 Sri Rejeki'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 Sri Rejeki IsmanPT upside and downside potential and time the market with a certain degree of confidence.
Sri Rejeki Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sri Rejeki's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sri Rejeki's standard deviation. In reality, there are many statistical measures that can use Sri Rejeki historical prices to predict the future Sri Rejeki's volatility.Sri Rejeki IsmanPT Backtested Returns
We have found three technical indicators for Sri Rejeki IsmanPT, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Sri Rejeki are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Sri Rejeki IsmanPT has no correlation between past and present. Overlapping area represents the amount of predictability between Sri Rejeki time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Sri Rejeki IsmanPT price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sri Rejeki price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sri Rejeki IsmanPT lagged returns against current returns
Autocorrelation, which is Sri Rejeki 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 Sri Rejeki's stock expected returns. We can calculate the autocorrelation of Sri Rejeki returns to help us make a trade decision. For example, suppose you find that Sri Rejeki 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 |
Sri Rejeki 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 Sri Rejeki stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sri Rejeki stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sri Rejeki stock over time.
Current vs Lagged Prices |
| Timeline |
Sri Rejeki Lagged Returns
When evaluating Sri Rejeki's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sri Rejeki stock have on its future price. Sri Rejeki 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, Sri Rejeki autocorrelation shows the relationship between Sri Rejeki stock current value and its past values and can show if there is a momentum factor associated with investing in Sri Rejeki IsmanPT.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Sri Stock
Sri Rejeki financial ratios help investors to determine whether Sri 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 Sri with respect to the benefits of owning Sri Rejeki security.