Sanurhasta Mitra (Indonesia) Market Value
| MINA Stock | IDR 70.00 5.00 7.69% |
| Symbol | Sanurhasta |
Sanurhasta Mitra '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 Sanurhasta Mitra'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 Sanurhasta Mitra.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Sanurhasta Mitra on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Sanurhasta Mitra PT or generate 0.0% return on investment in Sanurhasta Mitra over 720 days. Sanurhasta Mitra is related to or competes with Ciputra Development, Bumi Serpong, Alam Sutera, and Lippo Karawaci. More
Sanurhasta Mitra 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 Sanurhasta Mitra'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 Sanurhasta Mitra PT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.21 | |||
| Information Ratio | 0.3409 | |||
| Maximum Drawdown | 16.7 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 9.09 |
Sanurhasta Mitra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sanurhasta Mitra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sanurhasta Mitra's standard deviation. In reality, there are many statistical measures that can use Sanurhasta Mitra historical prices to predict the future Sanurhasta Mitra's volatility.| Risk Adjusted Performance | 0.2731 | |||
| Jensen Alpha | 1.75 | |||
| Total Risk Alpha | 1.06 | |||
| Sortino Ratio | 0.2632 | |||
| Treynor Ratio | (16.07) |
Sanurhasta Mitra Backtested Returns
Sanurhasta Mitra is not too volatile given 3 months investment horizon. Sanurhasta Mitra owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.36, which indicates the firm had a 0.36% return per unit of risk over the last 3 months. We were able to collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.79% are justified by taking the suggested risk. Use Sanurhasta Mitra Semi Deviation of 2.85, risk adjusted performance of 0.2731, and Coefficient Of Variation of 274.55 to evaluate company specific risk that cannot be diversified away. Sanurhasta Mitra holds a performance score of 28 on a scale of zero to a hundred. The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sanurhasta Mitra are expected to decrease at a much lower rate. During the bear market, Sanurhasta Mitra is likely to outperform the market. Use Sanurhasta Mitra sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to analyze future returns on Sanurhasta Mitra.
Auto-correlation | 0.56 |
Modest predictability
Sanurhasta Mitra PT has modest predictability. Overlapping area represents the amount of predictability between Sanurhasta Mitra time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Sanurhasta Mitra price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Sanurhasta Mitra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 200.67 |
Sanurhasta Mitra lagged returns against current returns
Autocorrelation, which is Sanurhasta Mitra 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 Sanurhasta Mitra's stock expected returns. We can calculate the autocorrelation of Sanurhasta Mitra returns to help us make a trade decision. For example, suppose you find that Sanurhasta Mitra 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 |
Sanurhasta Mitra 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 Sanurhasta Mitra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sanurhasta Mitra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sanurhasta Mitra stock over time.
Current vs Lagged Prices |
| Timeline |
Sanurhasta Mitra Lagged Returns
When evaluating Sanurhasta Mitra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sanurhasta Mitra stock have on its future price. Sanurhasta Mitra 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, Sanurhasta Mitra autocorrelation shows the relationship between Sanurhasta Mitra stock current value and its past values and can show if there is a momentum factor associated with investing in Sanurhasta Mitra PT.
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 Sanurhasta Stock
Sanurhasta Mitra financial ratios help investors to determine whether Sanurhasta 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 Sanurhasta with respect to the benefits of owning Sanurhasta Mitra security.