Perintis Triniti (Indonesia) Market Value
| TRIN Stock | IDR 124.00 2.00 1.59% |
| Symbol | Perintis |
Perintis Triniti '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 Perintis Triniti'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 Perintis Triniti.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Perintis Triniti on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Perintis Triniti Properti or generate 0.0% return on investment in Perintis Triniti over 720 days. Perintis Triniti is related to or competes with Diamond Citra, Karya Bersama, Pratama Widya, and Era Mandiri. PT Perintis Triniti Properti Tbk engages in the real estate business in Indonesia More
Perintis Triniti 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 Perintis Triniti'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 Perintis Triniti Properti upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 15.0 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 4.84 |
Perintis Triniti Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Perintis Triniti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Perintis Triniti's standard deviation. In reality, there are many statistical measures that can use Perintis Triniti historical prices to predict the future Perintis Triniti's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (4.53) |
Perintis Triniti Properti Backtested Returns
Perintis Triniti Properti maintains Sharpe Ratio (i.e., Efficiency) of -0.0313, which implies the firm had a -0.0313% return per unit of risk over the last 3 months. Perintis Triniti Properti exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Perintis Triniti's Coefficient Of Variation of (3,099), risk adjusted performance of (0.02), and Variance of 5.81 to confirm the risk estimate we provide. The company holds a Beta of 0.0194, which implies not very significant fluctuations relative to the market. As returns on the market increase, Perintis Triniti's returns are expected to increase less than the market. However, during the bear market, the loss of holding Perintis Triniti is expected to be smaller as well. At this point, Perintis Triniti Properti has a negative expected return of -0.0665%. Please make sure to check Perintis Triniti's maximum drawdown, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Perintis Triniti Properti performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.48 |
Average predictability
Perintis Triniti Properti has average predictability. Overlapping area represents the amount of predictability between Perintis Triniti time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Perintis Triniti Properti price movement. The serial correlation of 0.48 indicates that about 48.0% of current Perintis Triniti price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 214.65 |
Perintis Triniti Properti lagged returns against current returns
Autocorrelation, which is Perintis Triniti 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 Perintis Triniti's stock expected returns. We can calculate the autocorrelation of Perintis Triniti returns to help us make a trade decision. For example, suppose you find that Perintis Triniti 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 |
Perintis Triniti 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 Perintis Triniti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Perintis Triniti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Perintis Triniti stock over time.
Current vs Lagged Prices |
| Timeline |
Perintis Triniti Lagged Returns
When evaluating Perintis Triniti's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Perintis Triniti stock have on its future price. Perintis Triniti 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, Perintis Triniti autocorrelation shows the relationship between Perintis Triniti stock current value and its past values and can show if there is a momentum factor associated with investing in Perintis Triniti Properti.
Regressed Prices |
| Timeline |
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Perintis Triniti financial ratios help investors to determine whether Perintis 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 Perintis with respect to the benefits of owning Perintis Triniti security.