Tempo Scan (Indonesia) Market Value
| TSPC Stock | IDR 2,580 10.00 0.39% |
| Symbol | Tempo |
Tempo Scan '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 Tempo Scan'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 Tempo Scan.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Tempo Scan on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Tempo Scan Pacific or generate 0.0% return on investment in Tempo Scan over 720 days. Tempo Scan is related to or competes with Astra Graphia, Hexindo Adiperkasa, Lautan Luas, Citra Marga, and Darya Varia. PT Tempo Scan Pacific Tbk engages in the pharmaceuticals, personal care and cosmetics, and distribution services busines... More
Tempo Scan 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 Tempo Scan'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 Tempo Scan Pacific upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 9.17 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 3.27 |
Tempo Scan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tempo Scan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tempo Scan's standard deviation. In reality, there are many statistical measures that can use Tempo Scan historical prices to predict the future Tempo Scan's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.09) |
Tempo Scan Pacific Backtested Returns
As of now, Tempo Stock is very steady. Tempo Scan Pacific owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.001, which indicates the firm had a 0.001% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Tempo Scan Pacific, which you can use to evaluate the volatility of the company. Please validate Tempo Scan's insignificant Risk Adjusted Performance, coefficient of variation of (11,526), and Variance of 2.92 to confirm if the risk estimate we provide is consistent with the expected return of 0.0016%. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tempo Scan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tempo Scan is expected to be smaller as well. Tempo Scan Pacific right now has a risk of 1.66%. Please validate Tempo Scan total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Tempo Scan will be following its existing price patterns.
Auto-correlation | 0.82 |
Very good predictability
Tempo Scan Pacific has very good predictability. Overlapping area represents the amount of predictability between Tempo Scan time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Tempo Scan Pacific price movement. The serial correlation of 0.82 indicates that around 82.0% of current Tempo Scan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 123.4 K |
Tempo Scan Pacific lagged returns against current returns
Autocorrelation, which is Tempo Scan 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 Tempo Scan's stock expected returns. We can calculate the autocorrelation of Tempo Scan returns to help us make a trade decision. For example, suppose you find that Tempo Scan 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 |
Tempo Scan 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 Tempo Scan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tempo Scan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tempo Scan stock over time.
Current vs Lagged Prices |
| Timeline |
Tempo Scan Lagged Returns
When evaluating Tempo Scan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tempo Scan stock have on its future price. Tempo Scan 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, Tempo Scan autocorrelation shows the relationship between Tempo Scan stock current value and its past values and can show if there is a momentum factor associated with investing in Tempo Scan Pacific.
Regressed Prices |
| Timeline |
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Tempo Scan financial ratios help investors to determine whether Tempo 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 Tempo with respect to the benefits of owning Tempo Scan security.