Satria Antaran (Indonesia) Market Value
| SAPX Stock | 1,360 450.00 24.86% |
| Symbol | Satria |
Satria Antaran '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 Satria Antaran'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 Satria Antaran.
| 03/20/2024 |
| 12/15/2024 |
If you would invest 0.00 in Satria Antaran on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Satria Antaran Prima or generate 0.0% return on investment in Satria Antaran over 270 days. Satria Antaran is related to or competes with Jasa Armada, Cikarang Listrindo, Mitra Pinasthika, Wijaya Karya, and Puradelta Lestari. More
Satria Antaran 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 Satria Antaran'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 Satria Antaran Prima upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 39.13 | |||
| Value At Risk | (11.38) | |||
| Potential Upside | 6.27 |
Satria Antaran Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Satria Antaran's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Satria Antaran's standard deviation. In reality, there are many statistical measures that can use Satria Antaran historical prices to predict the future Satria Antaran's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (1.17) | |||
| Total Risk Alpha | (1.79) | |||
| Treynor Ratio | (0.62) |
Satria Antaran Prima Backtested Returns
Satria Antaran Prima owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Satria Antaran Prima exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Satria Antaran's Variance of 38.13, risk adjusted performance of (0.11), and Coefficient Of Variation of (608.77) to confirm the risk estimate we provide. The entity has a beta of 1.66, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Satria Antaran will likely underperform. At this point, Satria Antaran Prima has a negative expected return of -1.04%. Please make sure to validate Satria Antaran's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Satria Antaran Prima performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.66 |
Good predictability
Satria Antaran Prima has good predictability. Overlapping area represents the amount of predictability between Satria Antaran time series from 20th of March 2024 to 2nd of August 2024 and 2nd of August 2024 to 15th 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 Satria Antaran Prima price movement. The serial correlation of 0.66 indicates that around 66.0% of current Satria Antaran price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 239.6 K |
Satria Antaran Prima lagged returns against current returns
Autocorrelation, which is Satria Antaran 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 Satria Antaran's stock expected returns. We can calculate the autocorrelation of Satria Antaran returns to help us make a trade decision. For example, suppose you find that Satria Antaran 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 |
Satria Antaran 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 Satria Antaran stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Satria Antaran stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Satria Antaran stock over time.
Current vs Lagged Prices |
| Timeline |
Satria Antaran Lagged Returns
When evaluating Satria Antaran's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Satria Antaran stock have on its future price. Satria Antaran 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, Satria Antaran autocorrelation shows the relationship between Satria Antaran stock current value and its past values and can show if there is a momentum factor associated with investing in Satria Antaran Prima.
Regressed Prices |
| Timeline |
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Satria Antaran financial ratios help investors to determine whether Satria 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 Satria with respect to the benefits of owning Satria Antaran security.