Trinitan Metals (Indonesia) Market Value
| PURE Stock | IDR 51.00 0.00 0.00% |
| Symbol | Trinitan |
Trinitan Metals '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 Trinitan Metals' 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 Trinitan Metals.
| 04/03/2024 |
| 05/03/2024 |
If you would invest 0.00 in Trinitan Metals on April 3, 2024 and sell it all today you would earn a total of 0.00 from holding Trinitan Metals and or generate 0.0% return on investment in Trinitan Metals over 30 days. Trinitan Metals is related to or competes with Merdeka Copper, Aneka Tambang, Bumi Resources, Cita Mineral, Timah Persero, Petrosea Tbk, and IfishdecoPT. PT Trinitan Metals and Minerals Tbk, together with its subsidiaries, operates as a metal and mineral processing company ... More
Trinitan Metals 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 Trinitan Metals' 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 Trinitan Metals and upside and downside potential and time the market with a certain degree of confidence.
Trinitan Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trinitan Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trinitan Metals' standard deviation. In reality, there are many statistical measures that can use Trinitan Metals historical prices to predict the future Trinitan Metals' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trinitan Metals' 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.
Trinitan Metals Backtested Returns
We have found three technical indicators for Trinitan Metals and, 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 Trinitan Metals are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Trinitan Metals and has no correlation between past and present. Overlapping area represents the amount of predictability between Trinitan Metals time series from 3rd of April 2024 to 18th of April 2024 and 18th of April 2024 to 3rd 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 Trinitan Metals price movement. The serial correlation of 0.0 indicates that just 0.0% of current Trinitan Metals 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 |
Trinitan Metals lagged returns against current returns
Autocorrelation, which is Trinitan Metals 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 Trinitan Metals' stock expected returns. We can calculate the autocorrelation of Trinitan Metals returns to help us make a trade decision. For example, suppose you find that Trinitan Metals 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 |
Trinitan Metals 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 Trinitan Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trinitan Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trinitan Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Trinitan Metals Lagged Returns
When evaluating Trinitan Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trinitan Metals stock have on its future price. Trinitan Metals 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, Trinitan Metals autocorrelation shows the relationship between Trinitan Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Trinitan Metals and.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Trinitan Metals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Trinitan Metals' short interest history, or implied volatility extrapolated from Trinitan Metals options trading.
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Align your risk with return expectations
Check out Trinitan Metals Correlation, Trinitan Metals Volatility and Trinitan Metals Alpha and Beta module to complement your research on Trinitan Metals. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Trinitan Stock analysis
When running Trinitan Metals' price analysis, check to measure Trinitan Metals' 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 Trinitan Metals is operating at the current time. Most of Trinitan Metals' value examination focuses on studying past and present price action to predict the probability of Trinitan Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trinitan Metals' price. Additionally, you may evaluate how the addition of Trinitan Metals to your portfolios can decrease your overall portfolio volatility.
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Trinitan Metals 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.