Sunindo Adipersada (Indonesia) Market Value

Symbol

Sunindo

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 Sunindo Adipersada'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 Sunindo Adipersada.

Sunindo Adipersada Upside/Downside Indicators

Sunindo Adipersada Market Risk Indicators

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

Autocorrelation, which is Sunindo Adipersada 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 Sunindo Adipersada's stock expected returns. We can calculate the autocorrelation of Sunindo Adipersada returns to help us make a trade decision. For example, suppose you find that Sunindo Adipersada 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 Sunindo Adipersada stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sunindo Adipersada stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sunindo Adipersada stock over time.

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

Sunindo Adipersada financial ratios help investors to determine whether Sunindo 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 Sunindo with respect to the benefits of owning Sunindo Adipersada security.