Adira Dinamika (Indonesia) Market Value
| ADMF Stock | IDR 10,275 150.00 1.48% |
| Symbol | Adira |
Adira Dinamika '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 Adira Dinamika'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 Adira Dinamika.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Adira Dinamika on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Adira Dinamika Multi or generate 0.0% return on investment in Adira Dinamika over 360 days. Adira Dinamika is related to or competes with Ace Hardware, Merdeka Copper, Mitra Pinasthika, Jakarta Int, Asuransi Harta, Indosterling Technomedia, and Indosat Tbk. PT Adira Dinamika Multi Finance Tbk provides consumer financing, murabahah financing, and finance leasing services in In... More
Adira Dinamika 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 Adira Dinamika'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 Adira Dinamika Multi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 5.19 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 0.9592 |
Adira Dinamika Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adira Dinamika's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adira Dinamika's standard deviation. In reality, there are many statistical measures that can use Adira Dinamika historical prices to predict the future Adira Dinamika's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (4.54) |
Adira Dinamika Multi Backtested Returns
Adira Dinamika Multi secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Adira Dinamika Multi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adira Dinamika's Risk Adjusted Performance of (0.13), standard deviation of 0.8111, and Mean Deviation of 0.571 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0332, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Adira Dinamika's returns are expected to increase less than the market. However, during the bear market, the loss of holding Adira Dinamika is expected to be smaller as well. At this point, Adira Dinamika Multi has a negative expected return of -0.15%. Please make sure to confirm Adira Dinamika's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Adira Dinamika Multi performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Adira Dinamika Multi has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Adira Dinamika time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Adira Dinamika Multi price movement. The serial correlation of -0.78 indicates that around 78.0% of current Adira Dinamika price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 152.2 K |
Adira Dinamika Multi lagged returns against current returns
Autocorrelation, which is Adira Dinamika 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 Adira Dinamika's stock expected returns. We can calculate the autocorrelation of Adira Dinamika returns to help us make a trade decision. For example, suppose you find that Adira Dinamika 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 |
Adira Dinamika 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 Adira Dinamika stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adira Dinamika stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adira Dinamika stock over time.
Current vs Lagged Prices |
| Timeline |
Adira Dinamika Lagged Returns
When evaluating Adira Dinamika's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adira Dinamika stock have on its future price. Adira Dinamika 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, Adira Dinamika autocorrelation shows the relationship between Adira Dinamika stock current value and its past values and can show if there is a momentum factor associated with investing in Adira Dinamika Multi.
Regressed Prices |
| Timeline |
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Adira Dinamika financial ratios help investors to determine whether Adira 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 Adira with respect to the benefits of owning Adira Dinamika security.