Sekar Laut (Indonesia) Market Value
| SKLT Stock | IDR 189.00 1.00 0.53% |
| Symbol | Sekar |
Sekar Laut '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 Laut'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 Laut.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Sekar Laut on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Sekar Laut Tbk or generate 0.0% return on investment in Sekar Laut over 30 days. Sekar Laut is related to or competes with Siantar Top, Prasidha Aneka, Mandom Indonesia, Pyridam Farma, and Sekar Bumi. PT Sekar Laut Tbk produces and sells crackers, tomato and chili sauces, breads, and ready to use seasonings in Indonesia... More
Sekar Laut 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 Laut'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 Laut Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.37 | |||
| Information Ratio | 0.0123 | |||
| Maximum Drawdown | 53.58 | |||
| Value At Risk | (4.62) | |||
| Potential Upside | 2.97 |
Sekar Laut Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sekar Laut's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sekar Laut's standard deviation. In reality, there are many statistical measures that can use Sekar Laut historical prices to predict the future Sekar Laut's volatility.| Risk Adjusted Performance | 0.0281 | |||
| Jensen Alpha | 0.279 | |||
| Total Risk Alpha | (0.70) | |||
| Sortino Ratio | 0.02 | |||
| Treynor Ratio | (0.16) |
Sekar Laut Tbk Backtested Returns
Sekar Laut appears to be very steady, given 3 months investment horizon. Sekar Laut Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0372, which indicates the firm had a 0.0372% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sekar Laut Tbk, which you can use to evaluate the volatility of the company. Please review Sekar Laut's Risk Adjusted Performance of 0.0281, coefficient of variation of 3781.71, and Semi Deviation of 3.93 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sekar Laut holds a performance score of 2. The entity has a beta of -1.13, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Sekar Laut are expected to decrease slowly. On the other hand, during market turmoil, Sekar Laut is expected to outperform it slightly. Please check Sekar Laut's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Sekar Laut's existing price patterns will revert.
Auto-correlation | 0.23 |
Weak predictability
Sekar Laut Tbk has weak predictability. Overlapping area represents the amount of predictability between Sekar Laut time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Laut Tbk price movement. The serial correlation of 0.23 indicates that over 23.0% of current Sekar Laut price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 2.16 |
Sekar Laut Tbk lagged returns against current returns
Autocorrelation, which is Sekar Laut 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 Laut's stock expected returns. We can calculate the autocorrelation of Sekar Laut returns to help us make a trade decision. For example, suppose you find that Sekar Laut 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 Laut 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 Laut stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sekar Laut stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sekar Laut stock over time.
Current vs Lagged Prices |
| Timeline |
Sekar Laut Lagged Returns
When evaluating Sekar Laut's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sekar Laut stock have on its future price. Sekar Laut 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 Laut autocorrelation shows the relationship between Sekar Laut stock current value and its past values and can show if there is a momentum factor associated with investing in Sekar Laut Tbk.
Regressed Prices |
| Timeline |
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Sekar Laut 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 Laut security.