Sumber Tani (Indonesia) Market Value
| STAA Stock | 850.00 15.00 1.73% |
| Symbol | Sumber |
Sumber Tani '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 Sumber Tani'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 Sumber Tani.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Sumber Tani on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Sumber Tani Agung or generate 0.0% return on investment in Sumber Tani over 30 days. Sumber Tani is related to or competes with Dharma Satya, Saratoga Investama, Surya Esa, Elang Mahkota, and Sawit Sumbermas. More
Sumber Tani 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 Sumber Tani'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 Sumber Tani Agung upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.7 | |||
| Information Ratio | 0.0544 | |||
| Maximum Drawdown | 9.12 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 2.41 |
Sumber Tani Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sumber Tani's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sumber Tani's standard deviation. In reality, there are many statistical measures that can use Sumber Tani historical prices to predict the future Sumber Tani's volatility.| Risk Adjusted Performance | 0.1024 | |||
| Jensen Alpha | 0.128 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0477 | |||
| Treynor Ratio | 0.3415 |
Sumber Tani Agung Backtested Returns
As of now, Sumber Stock is very steady. Sumber Tani Agung owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sumber Tani Agung, which you can use to evaluate the volatility of the company. Please validate Sumber Tani's Risk Adjusted Performance of 0.1024, semi deviation of 1.21, and Coefficient Of Variation of 782.19 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Sumber Tani has a performance score of 9 on a scale of 0 to 100. The entity has a beta of 0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sumber Tani's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sumber Tani is expected to be smaller as well. Sumber Tani Agung right now has a risk of 1.52%. Please validate Sumber Tani jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Sumber Tani will be following its existing price patterns.
Auto-correlation | -0.34 |
Poor reverse predictability
Sumber Tani Agung has poor reverse predictability. Overlapping area represents the amount of predictability between Sumber Tani 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 Sumber Tani Agung price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Sumber Tani price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 585.54 |
Sumber Tani Agung lagged returns against current returns
Autocorrelation, which is Sumber Tani 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 Sumber Tani's stock expected returns. We can calculate the autocorrelation of Sumber Tani returns to help us make a trade decision. For example, suppose you find that Sumber Tani 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 |
Sumber Tani 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 Sumber Tani stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sumber Tani stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sumber Tani stock over time.
Current vs Lagged Prices |
| Timeline |
Sumber Tani Lagged Returns
When evaluating Sumber Tani's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sumber Tani stock have on its future price. Sumber Tani 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, Sumber Tani autocorrelation shows the relationship between Sumber Tani stock current value and its past values and can show if there is a momentum factor associated with investing in Sumber Tani Agung.
Regressed Prices |
| Timeline |
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Sumber Tani financial ratios help investors to determine whether Sumber 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 Sumber with respect to the benefits of owning Sumber Tani security.