Cashlez Worldwide (Indonesia) Market Value
| CASH Stock | IDR 69.00 1.00 1.47% |
| Symbol | Cashlez |
Cashlez Worldwide '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 Cashlez Worldwide'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 Cashlez Worldwide.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in Cashlez Worldwide on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Cashlez Worldwide Indonesia or generate 0.0% return on investment in Cashlez Worldwide over 30 days. Cashlez Worldwide is related to or competes with Digital Mediatama, Hensel Davest, Kioson Komersial, Anabatic Technologies, and Metro Healthcare. PT Cashlez Worldwide Indonesia Tbk provides digital financial technology and payment services in Indonesia More
Cashlez Worldwide 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 Cashlez Worldwide'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 Cashlez Worldwide Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 12.55 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 5.63 |
Cashlez Worldwide Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cashlez Worldwide's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cashlez Worldwide's standard deviation. In reality, there are many statistical measures that can use Cashlez Worldwide historical prices to predict the future Cashlez Worldwide's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 2.2 |
Cashlez Worldwide Backtested Returns
Cashlez Worldwide secures Sharpe Ratio (or Efficiency) of -0.0193, which signifies that the company had a -0.0193 % return per unit of risk over the last 3 months. Cashlez Worldwide Indonesia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cashlez Worldwide's Risk Adjusted Performance of (0.05), standard deviation of 2.85, and Mean Deviation of 2.04 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.088, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cashlez Worldwide are expected to decrease at a much lower rate. During the bear market, Cashlez Worldwide is likely to outperform the market. At this point, Cashlez Worldwide has a negative expected return of -0.0546%. Please make sure to confirm Cashlez Worldwide's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Cashlez Worldwide performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Cashlez Worldwide Indonesia has good reverse predictability. Overlapping area represents the amount of predictability between Cashlez Worldwide time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cashlez Worldwide price movement. The serial correlation of -0.55 indicates that about 55.0% of current Cashlez Worldwide price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 1.75 |
Cashlez Worldwide lagged returns against current returns
Autocorrelation, which is Cashlez Worldwide 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 Cashlez Worldwide's stock expected returns. We can calculate the autocorrelation of Cashlez Worldwide returns to help us make a trade decision. For example, suppose you find that Cashlez Worldwide 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 |
Cashlez Worldwide 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 Cashlez Worldwide stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cashlez Worldwide stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cashlez Worldwide stock over time.
Current vs Lagged Prices |
| Timeline |
Cashlez Worldwide Lagged Returns
When evaluating Cashlez Worldwide's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cashlez Worldwide stock have on its future price. Cashlez Worldwide 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, Cashlez Worldwide autocorrelation shows the relationship between Cashlez Worldwide stock current value and its past values and can show if there is a momentum factor associated with investing in Cashlez Worldwide Indonesia.
Regressed Prices |
| Timeline |
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Cashlez Worldwide financial ratios help investors to determine whether Cashlez 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 Cashlez with respect to the benefits of owning Cashlez Worldwide security.