Trada Maritime (Indonesia) Market Value
| TRAM Stock | IDR 50.00 0.00 0.00% |
| Symbol | Trada |
Trada Maritime '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 Trada Maritime'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 Trada Maritime.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Trada Maritime on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Trada Maritime Tbk or generate 0.0% return on investment in Trada Maritime over 30 days. Trada Maritime is related to or competes with Unggul Indah, Surya Toto, Pelangi Indah, Trias Sentosa, and Lionmesh Prima. More
Trada Maritime 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 Trada Maritime'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 Trada Maritime Tbk upside and downside potential and time the market with a certain degree of confidence.
Trada Maritime Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trada Maritime's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trada Maritime's standard deviation. In reality, there are many statistical measures that can use Trada Maritime historical prices to predict the future Trada Maritime's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trada Maritime'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.
Trada Maritime Tbk Backtested Returns
We have found three technical indicators for Trada Maritime Tbk, 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 Trada Maritime are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Trada Maritime Tbk has no correlation between past and present. Overlapping area represents the amount of predictability between Trada Maritime time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Trada Maritime Tbk price movement. The serial correlation of 0.0 indicates that just 0.0% of current Trada Maritime 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 |
Trada Maritime Tbk lagged returns against current returns
Autocorrelation, which is Trada Maritime 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 Trada Maritime's stock expected returns. We can calculate the autocorrelation of Trada Maritime returns to help us make a trade decision. For example, suppose you find that Trada Maritime 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 |
Trada Maritime 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 Trada Maritime stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trada Maritime stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trada Maritime stock over time.
Current vs Lagged Prices |
| Timeline |
Trada Maritime Lagged Returns
When evaluating Trada Maritime's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trada Maritime stock have on its future price. Trada Maritime 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, Trada Maritime autocorrelation shows the relationship between Trada Maritime stock current value and its past values and can show if there is a momentum factor associated with investing in Trada Maritime Tbk.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Trada Maritime Correlation, Trada Maritime Volatility and Trada Maritime Alpha and Beta module to complement your research on Trada Maritime. 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 Trada Stock analysis
When running Trada Maritime's price analysis, check to measure Trada Maritime'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 Trada Maritime is operating at the current time. Most of Trada Maritime's value examination focuses on studying past and present price action to predict the probability of Trada Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trada Maritime's price. Additionally, you may evaluate how the addition of Trada Maritime to your portfolios can decrease your overall portfolio volatility.
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Trada Maritime 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.