Wahana Ottomitra (Indonesia) Market Value
| WOMF Stock | IDR 350.00 4.00 1.13% |
| Symbol | Wahana |
Wahana Ottomitra '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 Wahana Ottomitra'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 Wahana Ottomitra.
| 06/14/2024 |
| 12/11/2024 |
If you would invest 0.00 in Wahana Ottomitra on June 14, 2024 and sell it all today you would earn a total of 0.00 from holding Wahana Ottomitra Multiartha or generate 0.0% return on investment in Wahana Ottomitra over 180 days. Wahana Ottomitra is related to or competes with Trimegah Securities, Clipan Finance, Adira Dinamika, Paninvest Tbk, and Panin Financial. More
Wahana Ottomitra 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 Wahana Ottomitra'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 Wahana Ottomitra Multiartha upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 7.14 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.12 |
Wahana Ottomitra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wahana Ottomitra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wahana Ottomitra's standard deviation. In reality, there are many statistical measures that can use Wahana Ottomitra historical prices to predict the future Wahana Ottomitra's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.16) |
Wahana Ottomitra Mul Backtested Returns
Wahana Ottomitra Mul shows Sharpe Ratio of -0.0487, which attests that the company had a -0.0487% return per unit of risk over the last 3 months. Wahana Ottomitra Mul exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wahana Ottomitra's Mean Deviation of 0.5995, market risk adjusted performance of (0.15), and Standard Deviation of 0.9966 to validate the risk estimate we provide. The firm maintains a market beta of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wahana Ottomitra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wahana Ottomitra is expected to be smaller as well. At this point, Wahana Ottomitra Mul has a negative expected return of -0.0494%. Please make sure to check out Wahana Ottomitra's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Wahana Ottomitra Mul performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.18 |
Very weak predictability
Wahana Ottomitra Multiartha has very weak predictability. Overlapping area represents the amount of predictability between Wahana Ottomitra time series from 14th of June 2024 to 12th of September 2024 and 12th of September 2024 to 11th 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 Wahana Ottomitra Mul price movement. The serial correlation of 0.18 indicates that over 18.0% of current Wahana Ottomitra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 29.31 |
Wahana Ottomitra Mul lagged returns against current returns
Autocorrelation, which is Wahana Ottomitra 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 Wahana Ottomitra's stock expected returns. We can calculate the autocorrelation of Wahana Ottomitra returns to help us make a trade decision. For example, suppose you find that Wahana Ottomitra 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 |
Wahana Ottomitra 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 Wahana Ottomitra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wahana Ottomitra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wahana Ottomitra stock over time.
Current vs Lagged Prices |
| Timeline |
Wahana Ottomitra Lagged Returns
When evaluating Wahana Ottomitra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wahana Ottomitra stock have on its future price. Wahana Ottomitra 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, Wahana Ottomitra autocorrelation shows the relationship between Wahana Ottomitra stock current value and its past values and can show if there is a momentum factor associated with investing in Wahana Ottomitra Multiartha.
Regressed Prices |
| Timeline |
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Wahana Ottomitra financial ratios help investors to determine whether Wahana 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 Wahana with respect to the benefits of owning Wahana Ottomitra security.