Tridomain Performance (Indonesia) Market Value
TDPM Stock | 119.00 0.00 0.00% |
Symbol | Tridomain |
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.
11/05/2024 |
| 12/05/2024 |
If you would invest 0.00 in Tridomain Performance on November 5, 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 30 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.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 | 0.00 |
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 5th of November 2024 to 20th of November 2024 and 20th of November 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 Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
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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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.