Tridomain Performance (Indonesia) Market Value

Symbol

Tridomain

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 Tridomain Performance'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 Tridomain Performance.

Tridomain Performance Upside/Downside Indicators

Tridomain Performance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tridomain Performance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tridomain Performance's standard deviation. In reality, there are many statistical measures that can use Tridomain Performance historical prices to predict the future Tridomain Performance's volatility.

Autocorrelation, which is Tridomain Performance 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 Tridomain Performance's stock expected returns. We can calculate the autocorrelation of Tridomain Performance returns to help us make a trade decision. For example, suppose you find that Tridomain Performance 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Tridomain Performance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tridomain Performance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tridomain Performance stock over time.

When evaluating Tridomain Performance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tridomain Performance stock have on its future price. Tridomain Performance 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, Tridomain Performance autocorrelation shows the relationship between Tridomain Performance stock current value and its past values and can show if there is a momentum factor associated with investing in Tridomain Performance Materials.

Tridomain Performance financial ratios help investors to determine whether Tridomain 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 Tridomain with respect to the benefits of owning Tridomain Performance security.