PT Wahana (Indonesia) Market Value
| COCO Stock | 87.00 1.00 1.14% |
| Symbol | COCO |
PT Wahana '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 PT Wahana'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 PT Wahana.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in PT Wahana on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding PT Wahana Interfood or generate 0.0% return on investment in PT Wahana over 720 days. PT Wahana is related to or competes with Garudafood Putra, Sentra Food, Campina Ice, Diamond Food, and Mulia Boga. More
PT Wahana 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 PT Wahana'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 PT Wahana Interfood upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 8.85 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 2.3 |
PT Wahana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Wahana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Wahana's standard deviation. In reality, there are many statistical measures that can use PT Wahana historical prices to predict the future PT Wahana's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 2.89 |
PT Wahana Interfood Backtested Returns
PT Wahana Interfood retains Efficiency (Sharpe Ratio) of -0.12, which implies the firm had a -0.12% return per unit of price deviation over the last 3 months. PT Wahana exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Wahana's information ratio of (0.23), and Market Risk Adjusted Performance of 2.9 to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.0826, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PT Wahana are expected to decrease at a much lower rate. During the bear market, PT Wahana is likely to outperform the market. At this point, PT Wahana Interfood has a negative expected return of -0.18%. Please make sure to check PT Wahana's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if PT Wahana Interfood performance from the past will be repeated at some future date.
Auto-correlation | 0.74 |
Good predictability
PT Wahana Interfood has good predictability. Overlapping area represents the amount of predictability between PT Wahana time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 PT Wahana Interfood price movement. The serial correlation of 0.74 indicates that around 74.0% of current PT Wahana price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 1368.38 |
PT Wahana Interfood lagged returns against current returns
Autocorrelation, which is PT Wahana 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 PT Wahana's stock expected returns. We can calculate the autocorrelation of PT Wahana returns to help us make a trade decision. For example, suppose you find that PT Wahana 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 |
PT Wahana 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 PT Wahana stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Wahana stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Wahana stock over time.
Current vs Lagged Prices |
| Timeline |
PT Wahana Lagged Returns
When evaluating PT Wahana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Wahana stock have on its future price. PT Wahana 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, PT Wahana autocorrelation shows the relationship between PT Wahana stock current value and its past values and can show if there is a momentum factor associated with investing in PT Wahana Interfood.
Regressed Prices |
| Timeline |
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PT Wahana financial ratios help investors to determine whether COCO 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 COCO with respect to the benefits of owning PT Wahana security.