Garudafood Putra (Indonesia) Market Value
| GOOD Stock | IDR 420.00 2.00 0.48% |
| Symbol | Garudafood |
Garudafood Putra '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 Garudafood Putra'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 Garudafood Putra.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Garudafood Putra on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Garudafood Putra Putri or generate 0.0% return on investment in Garudafood Putra over 30 days. Garudafood Putra is related to or competes with Fast Food, Enseval Putra, Hexindo Adiperkasa, and Astra Graphia. PT Garudafood Putra Putri Jaya Tbk provides snacks and beverages in Indonesia More
Garudafood Putra 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 Garudafood Putra'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 Garudafood Putra Putri upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.32 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.94 |
Garudafood Putra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Garudafood Putra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Garudafood Putra's standard deviation. In reality, there are many statistical measures that can use Garudafood Putra historical prices to predict the future Garudafood Putra's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Garudafood Putra'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.
Garudafood Putra Putri Backtested Returns
Garudafood Putra Putri holds Efficiency (Sharpe) Ratio of -0.0201, which attests that the entity had a -0.0201% return per unit of risk over the last 3 months. Garudafood Putra Putri exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Garudafood Putra's Standard Deviation of 1.02, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.13) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Garudafood Putra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Garudafood Putra is expected to be smaller as well. Garudafood Putra Putri has an expected return of -0.0156%. Please make sure to check out Garudafood Putra maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Garudafood Putra Putri performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Garudafood Putra Putri has weak reverse predictability. Overlapping area represents the amount of predictability between Garudafood Putra time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th of May 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 Garudafood Putra Putri price movement. The serial correlation of -0.25 indicates that over 25.0% of current Garudafood Putra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 8.96 |
Garudafood Putra Putri lagged returns against current returns
Autocorrelation, which is Garudafood Putra 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 Garudafood Putra's stock expected returns. We can calculate the autocorrelation of Garudafood Putra returns to help us make a trade decision. For example, suppose you find that Garudafood Putra 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 |
Garudafood Putra 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 Garudafood Putra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Garudafood Putra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Garudafood Putra stock over time.
Current vs Lagged Prices |
| Timeline |
Garudafood Putra Lagged Returns
When evaluating Garudafood Putra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Garudafood Putra stock have on its future price. Garudafood Putra 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, Garudafood Putra autocorrelation shows the relationship between Garudafood Putra stock current value and its past values and can show if there is a momentum factor associated with investing in Garudafood Putra Putri.
Regressed Prices |
| Timeline |
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Complementary Tools for Garudafood Stock analysis
When running Garudafood Putra's price analysis, check to measure Garudafood Putra'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 Garudafood Putra is operating at the current time. Most of Garudafood Putra's value examination focuses on studying past and present price action to predict the probability of Garudafood Putra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garudafood Putra's price. Additionally, you may evaluate how the addition of Garudafood Putra to your portfolios can decrease your overall portfolio volatility.
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Garudafood Putra 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.