Diamond Citra (Indonesia) Market Value
| DADA Stock | IDR 7.00 1.00 12.50% |
| Symbol | Diamond |
Diamond Citra '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 Diamond Citra'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 Diamond Citra.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Diamond Citra on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Diamond Citra Propertindo or generate 0.0% return on investment in Diamond Citra over 720 days. Diamond Citra is related to or competes with Karya Bersama, Andalan Sakti, Perintis Triniti, Repower Asia, and Makmur Berkah. PT Diamond Citra Propertindo Tbk, together with its subsidiaries, engages in the real estate business in Indonesia More
Diamond Citra 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 Diamond Citra'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 Diamond Citra Propertindo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.61 | |||
| Information Ratio | 0.0163 | |||
| Maximum Drawdown | 26.79 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 14.29 |
Diamond Citra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diamond Citra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diamond Citra's standard deviation. In reality, there are many statistical measures that can use Diamond Citra historical prices to predict the future Diamond Citra's volatility.| Risk Adjusted Performance | 0.0355 | |||
| Jensen Alpha | 0.2171 | |||
| Total Risk Alpha | (0.88) | |||
| Sortino Ratio | 0.0092 | |||
| Treynor Ratio | 1.47 |
Diamond Citra Propertindo Backtested Returns
Diamond Citra Propertindo secures Sharpe Ratio (or Efficiency) of -0.0191, which denotes the company had a -0.0191% return per unit of standard deviation over the last 3 months. Diamond Citra Propertindo exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diamond Citra's Semi Deviation of 5.08, downside deviation of 12.61, and Mean Deviation of 4.04 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, Diamond Citra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Diamond Citra is expected to be smaller as well. At this point, Diamond Citra Propertindo has a negative expected return of -0.14%. Please make sure to confirm Diamond Citra's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Diamond Citra Propertindo performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Diamond Citra Propertindo has no correlation between past and present. Overlapping area represents the amount of predictability between Diamond Citra time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Diamond Citra Propertindo price movement. The serial correlation of 0.0 indicates that just 0.0% of current Diamond Citra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 19.24 |
Diamond Citra Propertindo lagged returns against current returns
Autocorrelation, which is Diamond Citra 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 Diamond Citra's stock expected returns. We can calculate the autocorrelation of Diamond Citra returns to help us make a trade decision. For example, suppose you find that Diamond Citra 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 |
Diamond Citra 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 Diamond Citra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diamond Citra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diamond Citra stock over time.
Current vs Lagged Prices |
| Timeline |
Diamond Citra Lagged Returns
When evaluating Diamond Citra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diamond Citra stock have on its future price. Diamond Citra 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, Diamond Citra autocorrelation shows the relationship between Diamond Citra stock current value and its past values and can show if there is a momentum factor associated with investing in Diamond Citra Propertindo.
Regressed Prices |
| Timeline |
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Diamond Citra financial ratios help investors to determine whether Diamond 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 Diamond with respect to the benefits of owning Diamond Citra security.