Triputra Agro (Indonesia) Market Value
| TAPG Stock | IDR 765.00 45.00 5.56% |
| Symbol | Triputra |
Triputra Agro '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 Triputra Agro'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 Triputra Agro.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Triputra Agro on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Triputra Agro Persada or generate 0.0% return on investment in Triputra Agro over 330 days. Triputra Agro is related to or competes with Dharma Satya, Saratoga Investama, Surya Esa, Elang Mahkota, and Sawit Sumbermas. PT Triputra Agro Persada engages in the oil palm plantations and palm oil processing businesses in Indonesia More
Triputra Agro 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 Triputra Agro'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 Triputra Agro Persada upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.67 | |||
| Information Ratio | 0.0852 | |||
| Maximum Drawdown | 14.16 | |||
| Value At Risk | (4.52) | |||
| Potential Upside | 3.83 |
Triputra Agro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Triputra Agro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Triputra Agro's standard deviation. In reality, there are many statistical measures that can use Triputra Agro historical prices to predict the future Triputra Agro's volatility.| Risk Adjusted Performance | 0.112 | |||
| Jensen Alpha | 0.3819 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0808 | |||
| Treynor Ratio | (0.90) |
Triputra Agro Persada Backtested Returns
Triputra Agro appears to be very steady, given 3 months investment horizon. Triputra Agro Persada owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Triputra Agro Persada, which you can use to evaluate the volatility of the company. Please review Triputra Agro's Semi Deviation of 2.2, coefficient of variation of 730.5, and Risk Adjusted Performance of 0.112 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Triputra Agro holds a performance score of 9. The entity has a beta of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Triputra Agro are expected to decrease at a much lower rate. During the bear market, Triputra Agro is likely to outperform the market. Please check Triputra Agro's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Triputra Agro's existing price patterns will revert.
Auto-correlation | 0.92 |
Excellent predictability
Triputra Agro Persada has excellent predictability. Overlapping area represents the amount of predictability between Triputra Agro time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Triputra Agro Persada price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Triputra Agro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 14.1 K |
Triputra Agro Persada lagged returns against current returns
Autocorrelation, which is Triputra Agro 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 Triputra Agro's stock expected returns. We can calculate the autocorrelation of Triputra Agro returns to help us make a trade decision. For example, suppose you find that Triputra Agro 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 |
Triputra Agro 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 Triputra Agro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Triputra Agro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Triputra Agro stock over time.
Current vs Lagged Prices |
| Timeline |
Triputra Agro Lagged Returns
When evaluating Triputra Agro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Triputra Agro stock have on its future price. Triputra Agro 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, Triputra Agro autocorrelation shows the relationship between Triputra Agro stock current value and its past values and can show if there is a momentum factor associated with investing in Triputra Agro Persada.
Regressed Prices |
| Timeline |
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Triputra Agro financial ratios help investors to determine whether Triputra 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 Triputra with respect to the benefits of owning Triputra Agro security.