Budi Starch (Indonesia) Market Value
| BUDI Stock | IDR 224.00 4.00 1.82% |
| Symbol | Budi |
Budi Starch '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 Budi Starch'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 Budi Starch.
| 01/09/2023 |
| 12/29/2024 |
If you would invest 0.00 in Budi Starch on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Budi Starch Sweetener or generate 0.0% return on investment in Budi Starch over 720 days. Budi Starch is related to or competes with Eterindo Wahanatama, Central Proteina, Bisi International, Bumi Teknokultura, and Champion Pacific. More
Budi Starch 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 Budi Starch'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 Budi Starch Sweetener upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.19 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 1.75 |
Budi Starch Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Budi Starch's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Budi Starch's standard deviation. In reality, there are many statistical measures that can use Budi Starch historical prices to predict the future Budi Starch's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.0929 |
Budi Starch Sweetener Backtested Returns
Budi Starch Sweetener secures Sharpe Ratio (or Efficiency) of -0.0147, which signifies that the company had a -0.0147% return per unit of standard deviation over the last 3 months. Budi Starch Sweetener exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Budi Starch's mean deviation of 0.7691, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Budi Starch are expected to decrease at a much lower rate. During the bear market, Budi Starch is likely to outperform the market. At this point, Budi Starch Sweetener has a negative expected return of -0.0156%. Please make sure to confirm Budi Starch's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Budi Starch Sweetener performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Budi Starch Sweetener has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Budi Starch time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th of December 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 Budi Starch Sweetener price movement. The serial correlation of -0.75 indicates that around 75.0% of current Budi Starch price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 333.88 |
Budi Starch Sweetener lagged returns against current returns
Autocorrelation, which is Budi Starch 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 Budi Starch's stock expected returns. We can calculate the autocorrelation of Budi Starch returns to help us make a trade decision. For example, suppose you find that Budi Starch 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 |
Budi Starch 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 Budi Starch stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Budi Starch stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Budi Starch stock over time.
Current vs Lagged Prices |
| Timeline |
Budi Starch Lagged Returns
When evaluating Budi Starch's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Budi Starch stock have on its future price. Budi Starch 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, Budi Starch autocorrelation shows the relationship between Budi Starch stock current value and its past values and can show if there is a momentum factor associated with investing in Budi Starch Sweetener.
Regressed Prices |
| Timeline |
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Budi Starch financial ratios help investors to determine whether Budi 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 Budi with respect to the benefits of owning Budi Starch security.