Diamond Citra (Indonesia) Market Value
| DADA Stock | IDR 7.00 0.00 0.00% |
| 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.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Diamond Citra on June 2, 2024 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 180 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 | 12.6 | |||
| Information Ratio | 0.0198 | |||
| 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 | 0.037 | |||
| Jensen Alpha | 0.3513 | |||
| Total Risk Alpha | (0.86) | |||
| Sortino Ratio | 0.0118 | |||
| Treynor Ratio | (0.35) |
Diamond Citra Propertindo Backtested Returns
As of now, Diamond Stock is unstable. Diamond Citra Propertindo secures Sharpe Ratio (or Efficiency) of 0.0053, which denotes the company had a 0.0053% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Diamond Citra Propertindo, which you can use to evaluate the volatility of the firm. Please confirm Diamond Citra's Semi Deviation of 5.4, mean deviation of 4.45, and Downside Deviation of 12.6 to check if the risk estimate we provide is consistent with the expected return of 0.0384%. The firm shows a Beta (market volatility) of -0.76, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Diamond Citra are expected to decrease at a much lower rate. During the bear market, Diamond Citra is likely to outperform the market. Diamond Citra Propertindo right now shows a risk of 7.19%. Please confirm Diamond Citra Propertindo semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Diamond Citra Propertindo will be following its price patterns.
Auto-correlation | -0.68 |
Very good reverse predictability
Diamond Citra Propertindo has very good reverse predictability. Overlapping area represents the amount of predictability between Diamond Citra time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th 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 -0.68 indicates that around 68.0% of current Diamond Citra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
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.