Satyamitra Kemas (Indonesia) Market Value
| SMKL Stock | IDR 181.00 2.00 1.09% |
| Symbol | Satyamitra |
Satyamitra Kemas '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 Satyamitra Kemas' 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 Satyamitra Kemas.
| 04/07/2024 |
| 10/04/2024 |
If you would invest 0.00 in Satyamitra Kemas on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Satyamitra Kemas Lestari or generate 0.0% return on investment in Satyamitra Kemas over 180 days. Satyamitra Kemas is related to or competes with Saraswanti Anugerah, Panca Budi, Indonesia Fibreboard, Kencana Energi, and Sinergi Inti. PT Satyamitra Kemas Lestari Tbk provides integrated carton packaging solutions in Indonesia More
Satyamitra Kemas 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 Satyamitra Kemas' 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 Satyamitra Kemas Lestari upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 4.92 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.64 |
Satyamitra Kemas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Satyamitra Kemas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Satyamitra Kemas' standard deviation. In reality, there are many statistical measures that can use Satyamitra Kemas historical prices to predict the future Satyamitra Kemas' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Satyamitra Kemas' 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.
Satyamitra Kemas Lestari Backtested Returns
Satyamitra Kemas Lestari owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.036, which indicates the firm had a -0.036% return per unit of risk over the last 3 months. Satyamitra Kemas Lestari exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Satyamitra Kemas' Variance of 0.7369, coefficient of variation of (6,643), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Satyamitra Kemas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Satyamitra Kemas is expected to be smaller as well. At this point, Satyamitra Kemas Lestari has a negative expected return of -0.0306%. Please make sure to validate Satyamitra Kemas' kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Satyamitra Kemas Lestari performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Satyamitra Kemas Lestari has weak predictability. Overlapping area represents the amount of predictability between Satyamitra Kemas time series from 7th of April 2024 to 6th of July 2024 and 6th of July 2024 to 4th of October 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 Satyamitra Kemas Lestari price movement. The serial correlation of 0.22 indicates that over 22.0% of current Satyamitra Kemas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 4.04 |
Satyamitra Kemas Lestari lagged returns against current returns
Autocorrelation, which is Satyamitra Kemas 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 Satyamitra Kemas' stock expected returns. We can calculate the autocorrelation of Satyamitra Kemas returns to help us make a trade decision. For example, suppose you find that Satyamitra Kemas 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 |
Satyamitra Kemas 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 Satyamitra Kemas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Satyamitra Kemas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Satyamitra Kemas stock over time.
Current vs Lagged Prices |
| Timeline |
Satyamitra Kemas Lagged Returns
When evaluating Satyamitra Kemas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Satyamitra Kemas stock have on its future price. Satyamitra Kemas 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, Satyamitra Kemas autocorrelation shows the relationship between Satyamitra Kemas stock current value and its past values and can show if there is a momentum factor associated with investing in Satyamitra Kemas Lestari.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Satyamitra Stock
Satyamitra Kemas financial ratios help investors to determine whether Satyamitra 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 Satyamitra with respect to the benefits of owning Satyamitra Kemas security.