Totalindo Eka (Indonesia) Market Value
| TOPS Stock | IDR 1.00 0.00 0.00% |
| Symbol | Totalindo |
Totalindo Eka '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 Totalindo Eka'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 Totalindo Eka.
| 12/03/2024 |
| 02/01/2025 |
If you would invest 0.00 in Totalindo Eka on December 3, 2024 and sell it all today you would earn a total of 0.00 from holding Totalindo Eka Persada or generate 0.0% return on investment in Totalindo Eka over 60 days. Totalindo Eka is related to or competes with Metro Healthcare, Siloam International, Indo Acidatama, PT Data, Optima Prima, Dharma Polimetal, and Ace Hardware. More
Totalindo Eka 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 Totalindo Eka'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 Totalindo Eka Persada upside and downside potential and time the market with a certain degree of confidence.
Totalindo Eka Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Totalindo Eka's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Totalindo Eka's standard deviation. In reality, there are many statistical measures that can use Totalindo Eka historical prices to predict the future Totalindo Eka's volatility.Totalindo Eka Persada Backtested Returns
We have found three technical indicators for Totalindo Eka Persada, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Totalindo Eka are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Totalindo Eka Persada has no correlation between past and present. Overlapping area represents the amount of predictability between Totalindo Eka time series from 3rd of December 2024 to 2nd of January 2025 and 2nd of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Totalindo Eka Persada price movement. The serial correlation of 0.0 indicates that just 0.0% of current Totalindo Eka price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Totalindo Eka Persada lagged returns against current returns
Autocorrelation, which is Totalindo Eka 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 Totalindo Eka's stock expected returns. We can calculate the autocorrelation of Totalindo Eka returns to help us make a trade decision. For example, suppose you find that Totalindo Eka 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 |
Totalindo Eka 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 Totalindo Eka stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Totalindo Eka stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Totalindo Eka stock over time.
Current vs Lagged Prices |
| Timeline |
Totalindo Eka Lagged Returns
When evaluating Totalindo Eka's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Totalindo Eka stock have on its future price. Totalindo Eka 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, Totalindo Eka autocorrelation shows the relationship between Totalindo Eka stock current value and its past values and can show if there is a momentum factor associated with investing in Totalindo Eka Persada.
Regressed Prices |
| Timeline |
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Totalindo Eka financial ratios help investors to determine whether Totalindo 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 Totalindo with respect to the benefits of owning Totalindo Eka security.