Slj Global (Indonesia) Market Value
| SULI Stock | IDR 83.00 2.00 2.35% |
| Symbol | Slj |
Slj Global '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 Slj Global'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 Slj Global.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Slj Global on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Slj Global Tbk or generate 0.0% return on investment in Slj Global over 30 days. Slj Global is related to or competes with Kedaung Indah, Langgeng Makmur, Kabelindo Murni, Mustika Ratu, and Champion Pacific. More
Slj Global 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 Slj Global'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 Slj Global Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 10.15 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.3 |
Slj Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Slj Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Slj Global's standard deviation. In reality, there are many statistical measures that can use Slj Global historical prices to predict the future Slj Global's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | 0.9079 |
Slj Global Tbk Backtested Returns
Slj Global Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Slj Global Tbk exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Slj Global's Risk Adjusted Performance of (0.10), variance of 3.44, and Coefficient Of Variation of (716.23) to confirm the risk estimate we provide. The entity has a beta of -0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Slj Global are expected to decrease at a much lower rate. During the bear market, Slj Global is likely to outperform the market. At this point, Slj Global Tbk has a negative expected return of -0.28%. Please make sure to validate Slj Global's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Slj Global Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.16 |
Very weak predictability
Slj Global Tbk has very weak predictability. Overlapping area represents the amount of predictability between Slj Global time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Slj Global Tbk price movement. The serial correlation of 0.16 indicates that over 16.0% of current Slj Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 2.51 |
Slj Global Tbk lagged returns against current returns
Autocorrelation, which is Slj Global 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 Slj Global's stock expected returns. We can calculate the autocorrelation of Slj Global returns to help us make a trade decision. For example, suppose you find that Slj Global 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 |
Slj Global 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 Slj Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Slj Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Slj Global stock over time.
Current vs Lagged Prices |
| Timeline |
Slj Global Lagged Returns
When evaluating Slj Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Slj Global stock have on its future price. Slj Global 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, Slj Global autocorrelation shows the relationship between Slj Global stock current value and its past values and can show if there is a momentum factor associated with investing in Slj Global Tbk.
Regressed Prices |
| Timeline |
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Slj Global financial ratios help investors to determine whether Slj 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 Slj with respect to the benefits of owning Slj Global security.