Adhi Commuter (Indonesia) Market Value
| ADCP Stock | 50.00 0.00 0.00% |
| Symbol | Adhi |
Adhi Commuter '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 Adhi Commuter'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 Adhi Commuter.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in Adhi Commuter on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding Adhi Commuter Properti or generate 0.0% return on investment in Adhi Commuter over 360 days. Adhi Commuter is related to or competes with Jaya Sukses, Modernland Realty, Suryamas Dutamakmur, and Natura City. More
Adhi Commuter 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 Adhi Commuter'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 Adhi Commuter Properti upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.12 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.96 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.0 |
Adhi Commuter Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adhi Commuter's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adhi Commuter's standard deviation. In reality, there are many statistical measures that can use Adhi Commuter historical prices to predict the future Adhi Commuter's volatility.| Risk Adjusted Performance | 0.0051 | |||
| Jensen Alpha | 0.0148 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0341 |
Adhi Commuter Properti Backtested Returns
Adhi Commuter Properti secures Sharpe Ratio (or Efficiency) of -0.03, which signifies that the company had a -0.03% return per unit of standard deviation over the last 3 months. Adhi Commuter Properti exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adhi Commuter's risk adjusted performance of 0.0051, and Mean Deviation of 0.4234 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Adhi Commuter are expected to decrease at a much lower rate. During the bear market, Adhi Commuter is likely to outperform the market. At this point, Adhi Commuter Properti has a negative expected return of -0.027%. Please make sure to confirm Adhi Commuter's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to decide if Adhi Commuter Properti performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Adhi Commuter Properti has insignificant reverse predictability. Overlapping area represents the amount of predictability between Adhi Commuter time series from 1st of December 2023 to 29th of May 2024 and 29th of May 2024 to 25th of November 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 Adhi Commuter Properti price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Adhi Commuter price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Adhi Commuter Properti lagged returns against current returns
Autocorrelation, which is Adhi Commuter 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 Adhi Commuter's stock expected returns. We can calculate the autocorrelation of Adhi Commuter returns to help us make a trade decision. For example, suppose you find that Adhi Commuter 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 |
Adhi Commuter 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 Adhi Commuter stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adhi Commuter stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adhi Commuter stock over time.
Current vs Lagged Prices |
| Timeline |
Adhi Commuter Lagged Returns
When evaluating Adhi Commuter's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adhi Commuter stock have on its future price. Adhi Commuter 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, Adhi Commuter autocorrelation shows the relationship between Adhi Commuter stock current value and its past values and can show if there is a momentum factor associated with investing in Adhi Commuter Properti.
Regressed Prices |
| Timeline |
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Adhi Commuter financial ratios help investors to determine whether Adhi 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 Adhi with respect to the benefits of owning Adhi Commuter security.