Satyamitra Kemas (Indonesia) Market Value
| SMKL Stock | IDR 154.00 5.00 3.14% |
| Symbol | Satyamitra |
Satyamitra Kemas '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 Satyamitra Kemas' 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 Satyamitra Kemas.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Satyamitra Kemas on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Satyamitra Kemas Lestari or generate 0.0% return on investment in Satyamitra Kemas over 720 days. Satyamitra Kemas is related to or competes with Lotte Chemical, Agro Yasa, Era Mandiri, Jasnita Telekomindo, and MNC Vision. PT Satyamitra Kemas Lestari Tbk provides integrated carton packaging solutions in Indonesia More
Satyamitra Kemas 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 Satyamitra Kemas' 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 Satyamitra Kemas Lestari upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 6.6 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.21 |
Satyamitra Kemas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Satyamitra Kemas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Satyamitra Kemas' standard deviation. In reality, there are many statistical measures that can use Satyamitra Kemas historical prices to predict the future Satyamitra Kemas' volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (1.29) |
Satyamitra Kemas Lestari Backtested Returns
Satyamitra Kemas Lestari owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of risk over the last 3 months. Satyamitra Kemas Lestari exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Satyamitra Kemas' Risk Adjusted Performance of (0.14), variance of 1.74, and Coefficient Of Variation of (505.76) to confirm the risk estimate we provide. The entity has a beta of 0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Satyamitra Kemas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Satyamitra Kemas is expected to be smaller as well. At this point, Satyamitra Kemas Lestari has a negative expected return of -0.27%. Please make sure to validate Satyamitra Kemas' potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Satyamitra Kemas Lestari performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Satyamitra Kemas Lestari has average predictability. Overlapping area represents the amount of predictability between Satyamitra Kemas time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th 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 Satyamitra Kemas Lestari price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Satyamitra Kemas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 84.76 |
Satyamitra Kemas Lestari lagged returns against current returns
Autocorrelation, which is Satyamitra Kemas 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 Satyamitra Kemas' stock expected returns. We can calculate the autocorrelation of Satyamitra Kemas returns to help us make a trade decision. For example, suppose you find that Satyamitra Kemas 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 |
Satyamitra Kemas 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 Satyamitra Kemas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Satyamitra Kemas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Satyamitra Kemas stock over time.
Current vs Lagged Prices |
| Timeline |
Satyamitra Kemas Lagged Returns
When evaluating Satyamitra Kemas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Satyamitra Kemas stock have on its future price. Satyamitra Kemas 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, Satyamitra Kemas autocorrelation shows the relationship between Satyamitra Kemas stock current value and its past values and can show if there is a momentum factor associated with investing in Satyamitra Kemas Lestari.
Regressed Prices |
| Timeline |
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Satyamitra Kemas financial ratios help investors to determine whether Satyamitra 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 Satyamitra with respect to the benefits of owning Satyamitra Kemas security.