Trimegah Securities (Indonesia) Market Value
| TRIM Stock | IDR 254.00 2.00 0.79% |
| Symbol | Trimegah |
Trimegah Securities '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 Trimegah Securities' 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 Trimegah Securities.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Trimegah Securities on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Trimegah Securities Tbk or generate 0.0% return on investment in Trimegah Securities over 720 days. Trimegah Securities is related to or competes with Wahana Ottomitra, Sinar Mas, Trias Sentosa, and Panin Financial. PT Trimegah Sekuritas Indonesia Tbk engages in the securities brokerage and underwriting, and investment management acti... More
Trimegah Securities 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 Trimegah Securities' 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 Trimegah Securities Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 11.13 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 1.55 |
Trimegah Securities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trimegah Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trimegah Securities' standard deviation. In reality, there are many statistical measures that can use Trimegah Securities historical prices to predict the future Trimegah Securities' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 1.28 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trimegah Securities' 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.
Trimegah Securities Tbk Backtested Returns
Trimegah Securities Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Trimegah Securities Tbk exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trimegah Securities' Risk Adjusted Performance of (0.06), coefficient of variation of (879.22), and Variance of 2.23 to confirm the risk estimate we provide. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Trimegah Securities are expected to decrease at a much lower rate. During the bear market, Trimegah Securities is likely to outperform the market. Trimegah Securities Tbk has an expected return of -0.17%. Please make sure to validate Trimegah Securities treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Trimegah Securities Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.24 |
Weak reverse predictability
Trimegah Securities Tbk has weak reverse predictability. Overlapping area represents the amount of predictability between Trimegah Securities time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd 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 Trimegah Securities Tbk price movement. The serial correlation of -0.24 indicates that over 24.0% of current Trimegah Securities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 694.31 |
Trimegah Securities Tbk lagged returns against current returns
Autocorrelation, which is Trimegah Securities 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 Trimegah Securities' stock expected returns. We can calculate the autocorrelation of Trimegah Securities returns to help us make a trade decision. For example, suppose you find that Trimegah Securities 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 |
Trimegah Securities 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 Trimegah Securities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trimegah Securities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trimegah Securities stock over time.
Current vs Lagged Prices |
| Timeline |
Trimegah Securities Lagged Returns
When evaluating Trimegah Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trimegah Securities stock have on its future price. Trimegah Securities 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, Trimegah Securities autocorrelation shows the relationship between Trimegah Securities stock current value and its past values and can show if there is a momentum factor associated with investing in Trimegah Securities Tbk.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Trimegah Securities Correlation, Trimegah Securities Volatility and Trimegah Securities Alpha and Beta module to complement your research on Trimegah Securities. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Trimegah Stock analysis
When running Trimegah Securities' price analysis, check to measure Trimegah Securities' 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 Trimegah Securities is operating at the current time. Most of Trimegah Securities' value examination focuses on studying past and present price action to predict the probability of Trimegah Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trimegah Securities' price. Additionally, you may evaluate how the addition of Trimegah Securities to your portfolios can decrease your overall portfolio volatility.
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Trimegah Securities 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.