Trans Power (Indonesia) Market Value
| TPMA Stock | IDR 655.00 5.00 0.77% |
| Symbol | Trans |
Trans Power '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 Trans Power'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 Trans Power.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Trans Power on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Trans Power Marine or generate 0.0% return on investment in Trans Power over 510 days. Trans Power is related to or competes with Pelayaran Nelly, Wintermar Offshore, Pelita Samudera, Samudera Indonesia, and PT Temas. More
Trans Power 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 Trans Power'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 Trans Power Marine upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 19.24 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 2.88 |
Trans Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trans Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trans Power's standard deviation. In reality, there are many statistical measures that can use Trans Power historical prices to predict the future Trans Power's volatility.| Risk Adjusted Performance | (0.0002) | |||
| Jensen Alpha | 0.036 | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.0542 |
Trans Power Marine Backtested Returns
Trans Power Marine owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0142, which indicates the firm had a -0.0142% return per unit of risk over the last 3 months. Trans Power Marine exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trans Power's Coefficient Of Variation of (11,207), variance of 5.21, and Risk Adjusted Performance of (0.0002) to confirm the risk estimate we provide. The entity has a beta of -0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Trans Power are expected to decrease at a much lower rate. During the bear market, Trans Power is likely to outperform the market. At this point, Trans Power Marine has a negative expected return of -0.0327%. Please make sure to validate Trans Power's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Trans Power Marine performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.54 |
Modest predictability
Trans Power Marine has modest predictability. Overlapping area represents the amount of predictability between Trans Power time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Trans Power Marine price movement. The serial correlation of 0.54 indicates that about 54.0% of current Trans Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 1293.42 |
Trans Power Marine lagged returns against current returns
Autocorrelation, which is Trans Power 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 Trans Power's stock expected returns. We can calculate the autocorrelation of Trans Power returns to help us make a trade decision. For example, suppose you find that Trans Power 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 |
Trans Power 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 Trans Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trans Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trans Power stock over time.
Current vs Lagged Prices |
| Timeline |
Trans Power Lagged Returns
When evaluating Trans Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trans Power stock have on its future price. Trans Power 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, Trans Power autocorrelation shows the relationship between Trans Power stock current value and its past values and can show if there is a momentum factor associated with investing in Trans Power Marine.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Trans Stock
Trans Power financial ratios help investors to determine whether Trans 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 Trans with respect to the benefits of owning Trans Power security.