Dharma Polimetal (Indonesia) Market Value
| DRMA Stock | 925.00 10.00 1.09% |
| Symbol | Dharma |
Dharma Polimetal '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 Dharma Polimetal'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 Dharma Polimetal.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Dharma Polimetal on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Dharma Polimetal Tbk or generate 0.0% return on investment in Dharma Polimetal over 90 days. Dharma Polimetal is related to or competes with Triputra Agro, Autopedia Sukses, Cisarua Mountain, Surya Esa, and Avia Avian. More
Dharma Polimetal 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 Dharma Polimetal'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 Dharma Polimetal Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | 0.0947 | |||
| Maximum Drawdown | 6.07 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.73 |
Dharma Polimetal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dharma Polimetal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dharma Polimetal's standard deviation. In reality, there are many statistical measures that can use Dharma Polimetal historical prices to predict the future Dharma Polimetal's volatility.| Risk Adjusted Performance | 0.0212 | |||
| Jensen Alpha | 0.0452 | |||
| Total Risk Alpha | 0.184 | |||
| Sortino Ratio | 0.0962 | |||
| Treynor Ratio | 0.0664 |
Dharma Polimetal Tbk Backtested Returns
As of now, Dharma Stock is very steady. Dharma Polimetal Tbk secures Sharpe Ratio (or Efficiency) of 0.0203, which denotes the company had a 0.0203 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Dharma Polimetal Tbk, which you can use to evaluate the volatility of the firm. Please confirm Dharma Polimetal's Downside Deviation of 1.31, mean deviation of 0.957, and Semi Deviation of 1.01 to check if the risk estimate we provide is consistent with the expected return of 0.0271%. Dharma Polimetal has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, Dharma Polimetal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dharma Polimetal is expected to be smaller as well. Dharma Polimetal Tbk right now shows a risk of 1.33%. Please confirm Dharma Polimetal Tbk semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Dharma Polimetal Tbk will be following its price patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
Dharma Polimetal Tbk has poor reverse predictability. Overlapping area represents the amount of predictability between Dharma Polimetal time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Dharma Polimetal Tbk price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Dharma Polimetal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 216.67 |
Dharma Polimetal Tbk lagged returns against current returns
Autocorrelation, which is Dharma Polimetal 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 Dharma Polimetal's stock expected returns. We can calculate the autocorrelation of Dharma Polimetal returns to help us make a trade decision. For example, suppose you find that Dharma Polimetal 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 |
Dharma Polimetal 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 Dharma Polimetal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dharma Polimetal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dharma Polimetal stock over time.
Current vs Lagged Prices |
| Timeline |
Dharma Polimetal Lagged Returns
When evaluating Dharma Polimetal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dharma Polimetal stock have on its future price. Dharma Polimetal 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, Dharma Polimetal autocorrelation shows the relationship between Dharma Polimetal stock current value and its past values and can show if there is a momentum factor associated with investing in Dharma Polimetal Tbk.
Regressed Prices |
| Timeline |
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Dharma Polimetal financial ratios help investors to determine whether Dharma 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 Dharma with respect to the benefits of owning Dharma Polimetal security.