Siantar Top (Indonesia) Market Value
| STTP Stock | IDR 14,200 0.00 0.00% |
| Symbol | Siantar |
Siantar Top '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 Siantar Top'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 Siantar Top.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Siantar Top on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Siantar Top Tbk or generate 0.0% return on investment in Siantar Top over 30 days. Siantar Top is related to or competes with Kalbe Farma, Indofood Cbp, and Akr Corporindo. PT Siantar Top Tbk, together with its subsidiaries, manufactures and sells snacks in Indonesia More
Siantar Top 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 Siantar Top'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 Siantar Top Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | 0.0199 | |||
| Maximum Drawdown | 25.61 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 4.34 |
Siantar Top Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siantar Top's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siantar Top's standard deviation. In reality, there are many statistical measures that can use Siantar Top historical prices to predict the future Siantar Top's volatility.| Risk Adjusted Performance | 0.0516 | |||
| Jensen Alpha | 0.2453 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0232 | |||
| Treynor Ratio | (0.42) |
Siantar Top Tbk Backtested Returns
Siantar Top appears to be very steady, given 3 months investment horizon. Siantar Top Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0616, which indicates the firm had a 0.0616% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Siantar Top Tbk, which you can use to evaluate the volatility of the company. Please review Siantar Top's Risk Adjusted Performance of 0.0516, semi deviation of 2.08, and Coefficient Of Variation of 1751.93 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Siantar Top holds a performance score of 4. The entity has a beta of -0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Siantar Top are expected to decrease at a much lower rate. During the bear market, Siantar Top is likely to outperform the market. Please check Siantar Top's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to make a quick decision on whether Siantar Top's existing price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Siantar Top Tbk has no correlation between past and present. Overlapping area represents the amount of predictability between Siantar Top time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Siantar Top Tbk price movement. The serial correlation of 0.0 indicates that just 0.0% of current Siantar Top price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Siantar Top Tbk lagged returns against current returns
Autocorrelation, which is Siantar Top 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 Siantar Top's stock expected returns. We can calculate the autocorrelation of Siantar Top returns to help us make a trade decision. For example, suppose you find that Siantar Top 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 |
Siantar Top 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 Siantar Top stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siantar Top stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siantar Top stock over time.
Current vs Lagged Prices |
| Timeline |
Siantar Top Lagged Returns
When evaluating Siantar Top's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siantar Top stock have on its future price. Siantar Top 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, Siantar Top autocorrelation shows the relationship between Siantar Top stock current value and its past values and can show if there is a momentum factor associated with investing in Siantar Top Tbk.
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 Siantar Stock
Siantar Top financial ratios help investors to determine whether Siantar 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 Siantar with respect to the benefits of owning Siantar Top security.