Wira Global (Indonesia) Market Value
| WGSH Stock | 154.00 14.00 10.00% |
| Symbol | Wira |
Wira Global '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 Wira Global'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 Wira Global.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Wira Global on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Wira Global Solusi or generate 0.0% return on investment in Wira Global over 90 days. Wira Global is related to or competes with Trimegah Karya, Jaya Swarasa, RMK Energy, and Dayamitra Telekomunikasi. More
Wira Global 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 Wira Global'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 Wira Global Solusi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.56 | |||
| Information Ratio | 0.255 | |||
| Maximum Drawdown | 19.52 | |||
| Value At Risk | (5.21) | |||
| Potential Upside | 9.38 |
Wira Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wira Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wira Global's standard deviation. In reality, there are many statistical measures that can use Wira Global historical prices to predict the future Wira Global's volatility.| Risk Adjusted Performance | 0.2065 | |||
| Jensen Alpha | 0.8635 | |||
| Total Risk Alpha | 1.31 | |||
| Sortino Ratio | 0.2665 | |||
| Treynor Ratio | 4.04 |
Wira Global Solusi Backtested Returns
Wira Global appears to be very steady, given 3 months investment horizon. Wira Global Solusi shows Sharpe Ratio of 0.24, which attests that the company had a 0.24 % return per unit of risk over the last 3 months. By examining Wira Global's technical indicators, you can evaluate if the expected return of 0.95% is justified by implied risk. Please utilize Wira Global's Downside Deviation of 3.56, market risk adjusted performance of 4.05, and Mean Deviation of 2.71 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wira Global holds a performance score of 19. The firm maintains a market beta of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wira Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wira Global is expected to be smaller as well. Please check Wira Global's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Wira Global's historical returns will revert.
Auto-correlation | 0.50 |
Modest predictability
Wira Global Solusi has modest predictability. Overlapping area represents the amount of predictability between Wira Global 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 Wira Global Solusi price movement. The serial correlation of 0.5 indicates that about 50.0% of current Wira Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 424.82 |
Wira Global Solusi lagged returns against current returns
Autocorrelation, which is Wira Global 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 Wira Global's stock expected returns. We can calculate the autocorrelation of Wira Global returns to help us make a trade decision. For example, suppose you find that Wira Global 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 |
Wira Global 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 Wira Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wira Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wira Global stock over time.
Current vs Lagged Prices |
| Timeline |
Wira Global Lagged Returns
When evaluating Wira Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wira Global stock have on its future price. Wira Global 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, Wira Global autocorrelation shows the relationship between Wira Global stock current value and its past values and can show if there is a momentum factor associated with investing in Wira Global Solusi.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Wira Stock
Wira Global financial ratios help investors to determine whether Wira 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 Wira with respect to the benefits of owning Wira Global security.