Budi Starch (Indonesia) Market Value

BUDI Stock  IDR 258.00  4.00  1.57%   
Budi Starch's market value is the price at which a share of Budi Starch stock trades on a public exchange. It measures the collective expectations of Budi Starch Sweetener investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Budi Starch Sweetener and determine expected loss or profit from investing in Budi Starch over a given investment horizon.
Check out Budi Starch Correlation, Budi Starch Volatility and Budi Starch Alpha and Beta module to complement your research on Budi Starch.
Symbol

Please note, there is a significant difference between Budi Starch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Budi Starch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Budi Starch'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.

Budi Starch '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 Budi Starch'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 Budi Starch.
0.00
03/29/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/18/2024
0.00
If you would invest  0.00  in Budi Starch on March 29, 2022 and sell it all today you would earn a total of 0.00 from holding Budi Starch Sweetener or generate 0.0% return on investment in Budi Starch over 720 days. Budi Starch is related to or competes with Bank Central, Astra International, Saratoga Investama, United Tractors, and Bukit Asam. More

Budi Starch 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 Budi Starch'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 Budi Starch Sweetener upside and downside potential and time the market with a certain degree of confidence.

Budi Starch Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Budi Starch's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Budi Starch's standard deviation. In reality, there are many statistical measures that can use Budi Starch historical prices to predict the future Budi Starch's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Budi Starch's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Budi Starch in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
251.94254.00256.06
Details
Intrinsic
Valuation
LowRealHigh
216.76218.82279.40
Details
Naive
Forecast
LowNextHigh
263.96266.02268.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
237.15267.90298.65
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Budi Starch. Your research has to be compared to or analyzed against Budi Starch's peers to derive any actionable benefits. When done correctly, Budi Starch's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Budi Starch Sweetener.

Budi Starch Sweetener Backtested Returns

We consider Budi Starch very steady. Budi Starch Sweetener secures Sharpe Ratio (or Efficiency) of 0.0033, which signifies that the company had 0.0033% return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-nine technical indicators for Budi Starch Sweetener, which you can use to evaluate the future volatility of the firm. Please confirm Budi Starch's risk adjusted performance of 0.0132, and Mean Deviation of 1.63 to double-check if the risk estimate we provide is consistent with the expected return of 0.0068%. The firm shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Budi Starch are expected to decrease at a much lower rate. During the bear market, Budi Starch is likely to outperform the market. Although it is important to respect Budi Starch Sweetener historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. Budi Starch Sweetener right now shows a risk of 2.06%. Please confirm Budi Starch Sweetener mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Budi Starch Sweetener will be following its price patterns.

Auto-correlation

    
  -0.19  

Insignificant reverse predictability

Budi Starch Sweetener has insignificant reverse predictability. Overlapping area represents the amount of predictability between Budi Starch time series from 29th of March 2022 to 24th of March 2023 and 24th of March 2023 to 18th of March 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 Budi Starch Sweetener price movement. The serial correlation of -0.19 indicates that over 19.0% of current Budi Starch price fluctuation can be explain by its past prices.
Correlation Coefficient-0.19
Spearman Rank Test-0.21
Residual Average0.0
Price Variance574.55

Budi Starch Sweetener lagged returns against current returns

Autocorrelation, which is Budi Starch 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 Budi Starch's stock expected returns. We can calculate the autocorrelation of Budi Starch returns to help us make a trade decision. For example, suppose you find that Budi Starch stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

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

Budi Starch Lagged Returns

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

Pair Trading with Budi Starch

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Budi Starch position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Budi Starch will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Budi Starch could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Budi Starch when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Budi Starch - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Budi Starch Sweetener to buy it.
The correlation of Budi Starch is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Budi Starch moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Budi Starch Sweetener moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Budi Starch can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Budi Starch Correlation, Budi Starch Volatility and Budi Starch Alpha and Beta module to complement your research on Budi Starch.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Budi Stock analysis

When running Budi Starch's price analysis, check to measure Budi Starch's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Budi Starch is operating at the current time. Most of Budi Starch's value examination focuses on studying past and present price action to predict the probability of Budi Starch's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Budi Starch's price. Additionally, you may evaluate how the addition of Budi Starch to your portfolios can decrease your overall portfolio volatility.
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Budi Starch technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Budi Starch technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Budi Starch trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...