Dayamitra Telekomunikasi (Indonesia) Market Value
| MTEL Stock | 655.00 15.00 2.24% |
| Symbol | Dayamitra |
Dayamitra Telekomunikasi '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 Dayamitra Telekomunikasi'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 Dayamitra Telekomunikasi.
| 11/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Dayamitra Telekomunikasi on November 8, 2024 and sell it all today you would earn a total of 0.00 from holding Dayamitra Telekomunikasi PT or generate 0.0% return on investment in Dayamitra Telekomunikasi over 60 days. Dayamitra Telekomunikasi is related to or competes with PT Bukalapak, PT Sarana, GoTo Gojek, Elang Mahkota, and Adaro Minerals. More
Dayamitra Telekomunikasi 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 Dayamitra Telekomunikasi'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 Dayamitra Telekomunikasi PT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.0493 | |||
| Maximum Drawdown | 8.75 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 3.88 |
Dayamitra Telekomunikasi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dayamitra Telekomunikasi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dayamitra Telekomunikasi's standard deviation. In reality, there are many statistical measures that can use Dayamitra Telekomunikasi historical prices to predict the future Dayamitra Telekomunikasi's volatility.| Risk Adjusted Performance | 0.0575 | |||
| Jensen Alpha | 0.1187 | |||
| Total Risk Alpha | 0.07 | |||
| Sortino Ratio | 0.0596 | |||
| Treynor Ratio | (0.36) |
Dayamitra Telekomunikasi Backtested Returns
As of now, Dayamitra Stock is very steady. Dayamitra Telekomunikasi secures Sharpe Ratio (or Efficiency) of 0.0639, which denotes the company had a 0.0639% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dayamitra Telekomunikasi PT, which you can use to evaluate the volatility of the firm. Please confirm Dayamitra Telekomunikasi's Mean Deviation of 1.39, coefficient of variation of 1565.17, and Downside Deviation of 1.59 to check if the risk estimate we provide is consistent with the expected return of 0.12%. Dayamitra Telekomunikasi has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Dayamitra Telekomunikasi are expected to decrease at a much lower rate. During the bear market, Dayamitra Telekomunikasi is likely to outperform the market. Dayamitra Telekomunikasi right now shows a risk of 1.93%. Please confirm Dayamitra Telekomunikasi potential upside, semi variance, and the relationship between the value at risk and downside variance , to decide if Dayamitra Telekomunikasi will be following its price patterns.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
Dayamitra Telekomunikasi PT has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Dayamitra Telekomunikasi time series from 8th of November 2024 to 8th of December 2024 and 8th of December 2024 to 7th 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 Dayamitra Telekomunikasi price movement. The serial correlation of -0.8 indicates that around 80.0% of current Dayamitra Telekomunikasi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 129.32 |
Dayamitra Telekomunikasi lagged returns against current returns
Autocorrelation, which is Dayamitra Telekomunikasi 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 Dayamitra Telekomunikasi's stock expected returns. We can calculate the autocorrelation of Dayamitra Telekomunikasi returns to help us make a trade decision. For example, suppose you find that Dayamitra Telekomunikasi 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 |
Dayamitra Telekomunikasi 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 Dayamitra Telekomunikasi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dayamitra Telekomunikasi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dayamitra Telekomunikasi stock over time.
Current vs Lagged Prices |
| Timeline |
Dayamitra Telekomunikasi Lagged Returns
When evaluating Dayamitra Telekomunikasi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dayamitra Telekomunikasi stock have on its future price. Dayamitra Telekomunikasi 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, Dayamitra Telekomunikasi autocorrelation shows the relationship between Dayamitra Telekomunikasi stock current value and its past values and can show if there is a momentum factor associated with investing in Dayamitra Telekomunikasi PT.
Regressed Prices |
| Timeline |
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Dayamitra Telekomunikasi financial ratios help investors to determine whether Dayamitra 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 Dayamitra with respect to the benefits of owning Dayamitra Telekomunikasi security.