Sekar Bumi (Indonesia) Market Value
| SKBM Stock | IDR 590.00 116.00 24.47% |
| Symbol | Sekar |
Sekar Bumi '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 Sekar Bumi'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 Sekar Bumi.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Sekar Bumi on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Sekar Bumi Tbk or generate 0.0% return on investment in Sekar Bumi over 30 days. Sekar Bumi is related to or competes with Austindo Nusantara, Garudafood Putra, Provident Agro, Dharma Satya, and Sawit Sumbermas. More
Sekar Bumi 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 Sekar Bumi'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 Sekar Bumi Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.66 | |||
| Information Ratio | 0.1493 | |||
| Maximum Drawdown | 37.0 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 24.62 |
Sekar Bumi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sekar Bumi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sekar Bumi's standard deviation. In reality, there are many statistical measures that can use Sekar Bumi historical prices to predict the future Sekar Bumi's volatility.| Risk Adjusted Performance | 0.1252 | |||
| Jensen Alpha | 1.22 | |||
| Total Risk Alpha | 0.4095 | |||
| Sortino Ratio | 0.3026 | |||
| Treynor Ratio | (2.29) |
Sekar Bumi Tbk Backtested Returns
Sekar Bumi is very steady given 3 months investment horizon. Sekar Bumi Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% 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 1.25% are justified by taking the suggested risk. Use Sekar Bumi Tbk Semi Deviation of 2.82, coefficient of variation of 621.83, and Risk Adjusted Performance of 0.1252 to evaluate company specific risk that cannot be diversified away. Sekar Bumi holds a performance score of 12 on a scale of zero to a hundred. The entity has a beta of -0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sekar Bumi are expected to decrease at a much lower rate. During the bear market, Sekar Bumi is likely to outperform the market. Use Sekar Bumi Tbk sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to analyze future returns on Sekar Bumi Tbk.
Auto-correlation | 0.74 |
Good predictability
Sekar Bumi Tbk has good predictability. Overlapping area represents the amount of predictability between Sekar Bumi time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Sekar Bumi Tbk price movement. The serial correlation of 0.74 indicates that around 74.0% of current Sekar Bumi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 771.2 |
Sekar Bumi Tbk lagged returns against current returns
Autocorrelation, which is Sekar Bumi 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 Sekar Bumi's stock expected returns. We can calculate the autocorrelation of Sekar Bumi returns to help us make a trade decision. For example, suppose you find that Sekar Bumi 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 |
Sekar Bumi 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 Sekar Bumi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sekar Bumi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sekar Bumi stock over time.
Current vs Lagged Prices |
| Timeline |
Sekar Bumi Lagged Returns
When evaluating Sekar Bumi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sekar Bumi stock have on its future price. Sekar Bumi 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, Sekar Bumi autocorrelation shows the relationship between Sekar Bumi stock current value and its past values and can show if there is a momentum factor associated with investing in Sekar Bumi Tbk.
Regressed Prices |
| Timeline |
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Sekar Bumi financial ratios help investors to determine whether Sekar 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 Sekar with respect to the benefits of owning Sekar Bumi security.