Tridomain Performance (Indonesia) Market Value

TDPM Stock   119.00  0.00  0.00%   
Tridomain Performance's market value is the price at which a share of Tridomain Performance trades on a public exchange. It measures the collective expectations of Tridomain Performance Materials investors about its performance. Tridomain Performance is selling for 119.00 as of the 5th of December 2024. This is a No Change since the beginning of the trading day. The stock's last reported lowest price was 119.0.
With this module, you can estimate the performance of a buy and hold strategy of Tridomain Performance Materials and determine expected loss or profit from investing in Tridomain Performance over a given investment horizon. Check out Tridomain Performance Correlation, Tridomain Performance Volatility and Tridomain Performance Alpha and Beta module to complement your research on Tridomain Performance.
Symbol

Please note, there is a significant difference between Tridomain Performance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tridomain Performance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tridomain Performance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Tridomain Performance '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 Tridomain Performance'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 Tridomain Performance.
0.00
06/08/2024
No Change 0.00  0.0 
In 5 months and 29 days
12/05/2024
0.00
If you would invest  0.00  in Tridomain Performance on June 8, 2024 and sell it all today you would earn a total of 0.00 from holding Tridomain Performance Materials or generate 0.0% return on investment in Tridomain Performance over 180 days. Tridomain Performance is related to or competes with PT Bank, Indointernet Tbk, Dharma Polimetal, Trinitan Metals, Garuda Metalindo, Bank Ocbc, and Capital Financial. More

Tridomain Performance 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 Tridomain Performance'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 Tridomain Performance Materials upside and downside potential and time the market with a certain degree of confidence.

Tridomain Performance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tridomain Performance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tridomain Performance's standard deviation. In reality, there are many statistical measures that can use Tridomain Performance historical prices to predict the future Tridomain Performance's volatility.
Hype
Prediction
LowEstimatedHigh
119.00119.00119.00
Details
Intrinsic
Valuation
LowRealHigh
119.00119.00119.00
Details
Naive
Forecast
LowNextHigh
119.00119.00119.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
119.00119.00119.00
Details

Tridomain Performance Backtested Returns

We have found three technical indicators for Tridomain Performance Materials, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Tridomain Performance are completely uncorrelated.

Auto-correlation

    
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No correlation between past and present

Tridomain Performance Materials has no correlation between past and present. Overlapping area represents the amount of predictability between Tridomain Performance time series from 8th of June 2024 to 6th of September 2024 and 6th of September 2024 to 5th 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 Tridomain Performance price movement. The serial correlation of 0.0 indicates that just 0.0% of current Tridomain Performance price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Tridomain Performance lagged returns against current returns

Autocorrelation, which is Tridomain Performance 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 Tridomain Performance's stock expected returns. We can calculate the autocorrelation of Tridomain Performance returns to help us make a trade decision. For example, suppose you find that Tridomain Performance 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  

Tridomain Performance 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 Tridomain Performance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tridomain Performance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tridomain Performance stock over time.
   Current vs Lagged Prices   
       Timeline  

Tridomain Performance Lagged Returns

When evaluating Tridomain Performance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tridomain Performance stock have on its future price. Tridomain Performance 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, Tridomain Performance autocorrelation shows the relationship between Tridomain Performance stock current value and its past values and can show if there is a momentum factor associated with investing in Tridomain Performance Materials.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Tridomain Stock

Tridomain Performance financial ratios help investors to determine whether Tridomain 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 Tridomain with respect to the benefits of owning Tridomain Performance security.