Trust Finance (Indonesia) Market Value
| TRUS Stock | IDR 448.00 18.00 4.19% |
| Symbol | Trust |
Trust Finance '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 Trust Finance'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 Trust Finance.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Trust Finance on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Trust Finance Indonesia or generate 0.0% return on investment in Trust Finance over 510 days. Trust Finance is related to or competes with Wahana Ottomitra, Yulie Sekurindo, Trimegah Securities, Mandala Multifinance, and Reliance Securities. More
Trust Finance 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 Trust Finance'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 Trust Finance Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 10.62 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 2.82 |
Trust Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trust Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trust Finance's standard deviation. In reality, there are many statistical measures that can use Trust Finance historical prices to predict the future Trust Finance's volatility.| Risk Adjusted Performance | 0.0356 | |||
| Jensen Alpha | 0.0827 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.36) |
Trust Finance Indonesia Backtested Returns
As of now, Trust Stock is very steady. Trust Finance Indonesia owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0483, which indicates the firm had a 0.0483% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trust Finance Indonesia, which you can use to evaluate the volatility of the company. Please validate Trust Finance's Risk Adjusted Performance of 0.0356, coefficient of variation of 2575.05, and Semi Deviation of 1.73 to confirm if the risk estimate we provide is consistent with the expected return of 0.0895%. Trust Finance has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Trust Finance are expected to decrease at a much lower rate. During the bear market, Trust Finance is likely to outperform the market. Trust Finance Indonesia right now has a risk of 1.85%. Please validate Trust Finance treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Trust Finance will be following its existing price patterns.
Auto-correlation | 0.35 |
Below average predictability
Trust Finance Indonesia has below average predictability. Overlapping area represents the amount of predictability between Trust Finance 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 Trust Finance Indonesia price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Trust Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 499.15 |
Trust Finance Indonesia lagged returns against current returns
Autocorrelation, which is Trust Finance 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 Trust Finance's stock expected returns. We can calculate the autocorrelation of Trust Finance returns to help us make a trade decision. For example, suppose you find that Trust Finance 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 |
Trust Finance 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 Trust Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trust Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trust Finance stock over time.
Current vs Lagged Prices |
| Timeline |
Trust Finance Lagged Returns
When evaluating Trust Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trust Finance stock have on its future price. Trust Finance 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, Trust Finance autocorrelation shows the relationship between Trust Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Trust Finance Indonesia.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Trust Stock
Trust Finance financial ratios help investors to determine whether Trust 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 Trust with respect to the benefits of owning Trust Finance security.