Roda Vivatex (Indonesia) Market Value
| RDTX Stock | IDR 14,800 300.00 2.07% |
| Symbol | Roda |
Roda Vivatex '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 Roda Vivatex'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 Roda Vivatex.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Roda Vivatex on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Roda Vivatex Tbk or generate 0.0% return on investment in Roda Vivatex over 180 days. Roda Vivatex is related to or competes with Modernland Realty, Jakarta Int, and Intiland Development. More
Roda Vivatex 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 Roda Vivatex'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 Roda Vivatex Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 12.07 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 3.45 |
Roda Vivatex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roda Vivatex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roda Vivatex's standard deviation. In reality, there are many statistical measures that can use Roda Vivatex historical prices to predict the future Roda Vivatex's volatility.| Risk Adjusted Performance | 0.0078 | |||
| Jensen Alpha | 0.0023 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0152 |
Roda Vivatex Tbk Backtested Returns
As of now, Roda Stock is very steady. Roda Vivatex Tbk maintains Sharpe Ratio (i.e., Efficiency) of 0.0149, which implies the firm had a 0.0149% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Roda Vivatex Tbk, which you can use to evaluate the volatility of the company. Please check Roda Vivatex's Semi Deviation of 1.2, risk adjusted performance of 0.0078, and Coefficient Of Variation of 35166.55 to confirm if the risk estimate we provide is consistent with the expected return of 0.0277%. Roda Vivatex has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -0.32, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Roda Vivatex are expected to decrease at a much lower rate. During the bear market, Roda Vivatex is likely to outperform the market. Roda Vivatex Tbk right now holds a risk of 1.86%. Please check Roda Vivatex Tbk downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Roda Vivatex Tbk will be following its historical price patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
Roda Vivatex Tbk has very weak reverse predictability. Overlapping area represents the amount of predictability between Roda Vivatex time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th of December 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 Roda Vivatex Tbk price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Roda Vivatex price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 123.9 K |
Roda Vivatex Tbk lagged returns against current returns
Autocorrelation, which is Roda Vivatex 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 Roda Vivatex's stock expected returns. We can calculate the autocorrelation of Roda Vivatex returns to help us make a trade decision. For example, suppose you find that Roda Vivatex 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 |
Roda Vivatex 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 Roda Vivatex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roda Vivatex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roda Vivatex stock over time.
Current vs Lagged Prices |
| Timeline |
Roda Vivatex Lagged Returns
When evaluating Roda Vivatex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roda Vivatex stock have on its future price. Roda Vivatex 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, Roda Vivatex autocorrelation shows the relationship between Roda Vivatex stock current value and its past values and can show if there is a momentum factor associated with investing in Roda Vivatex Tbk.
Regressed Prices |
| Timeline |
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Roda Vivatex financial ratios help investors to determine whether Roda 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 Roda with respect to the benefits of owning Roda Vivatex security.