Pratama Widya (Indonesia) Market Value
| PTPW Stock | IDR 930.00 5.00 0.53% |
| Symbol | Pratama |
Pratama Widya '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 Pratama Widya'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 Pratama Widya.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Pratama Widya on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Pratama Widya Tbk or generate 0.0% return on investment in Pratama Widya over 30 days. Pratama Widya is related to or competes with Kencana Energi, Pelita Samudera, Paramita Bangun, Dana Brata, and Putra Rajawali. PT Pratama Widya Tbk provides construction services in the areas of geotechnical engineering More
Pratama Widya 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 Pratama Widya'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 Pratama Widya Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7719 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.15 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.08 |
Pratama Widya Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pratama Widya's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pratama Widya's standard deviation. In reality, there are many statistical measures that can use Pratama Widya historical prices to predict the future Pratama Widya's volatility.| Risk Adjusted Performance | 6.0E-4 | |||
| Jensen Alpha | (0.0005) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.1231 |
Pratama Widya Tbk Backtested Returns
Pratama Widya Tbk maintains Sharpe Ratio (i.e., Efficiency) of -0.0227, which implies the firm had a -0.0227% return per unit of risk over the last 3 months. Pratama Widya Tbk exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pratama Widya's Semi Deviation of 0.5253, risk adjusted performance of 6.0E-4, and Coefficient Of Variation of 31489.06 to confirm the risk estimate we provide. The company holds a Beta of -0.0646, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pratama Widya are expected to decrease at a much lower rate. During the bear market, Pratama Widya is likely to outperform the market. At this point, Pratama Widya Tbk has a negative expected return of -0.0149%. Please make sure to check Pratama Widya's jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if Pratama Widya Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.52 |
Good reverse predictability
Pratama Widya Tbk has good reverse predictability. Overlapping area represents the amount of predictability between Pratama Widya time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Pratama Widya Tbk price movement. The serial correlation of -0.52 indicates that about 52.0% of current Pratama Widya price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 21.9 |
Pratama Widya Tbk lagged returns against current returns
Autocorrelation, which is Pratama Widya 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 Pratama Widya's stock expected returns. We can calculate the autocorrelation of Pratama Widya returns to help us make a trade decision. For example, suppose you find that Pratama Widya 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 |
Pratama Widya 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 Pratama Widya stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pratama Widya stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pratama Widya stock over time.
Current vs Lagged Prices |
| Timeline |
Pratama Widya Lagged Returns
When evaluating Pratama Widya's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pratama Widya stock have on its future price. Pratama Widya 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, Pratama Widya autocorrelation shows the relationship between Pratama Widya stock current value and its past values and can show if there is a momentum factor associated with investing in Pratama Widya Tbk.
Regressed Prices |
| Timeline |
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Pratama Widya financial ratios help investors to determine whether Pratama 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 Pratama with respect to the benefits of owning Pratama Widya security.