Damai Sejahtera (Indonesia) Market Value
| UFOE Stock | 308.00 2.00 0.65% |
| Symbol | Damai |
Damai Sejahtera '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 Damai Sejahtera'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 Damai Sejahtera.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Damai Sejahtera on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Damai Sejahtera Abadi or generate 0.0% return on investment in Damai Sejahtera over 30 days. Damai Sejahtera is related to or competes with PT Sunter, Trisula Textile, Diagnos Laboratorium, and Bank Net. More
Damai Sejahtera 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 Damai Sejahtera'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 Damai Sejahtera Abadi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.42 | |||
| Information Ratio | 0.0281 | |||
| Maximum Drawdown | 16.55 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 3.76 |
Damai Sejahtera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Damai Sejahtera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Damai Sejahtera's standard deviation. In reality, there are many statistical measures that can use Damai Sejahtera historical prices to predict the future Damai Sejahtera's volatility.| Risk Adjusted Performance | 0.0715 | |||
| Jensen Alpha | 0.1977 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0283 | |||
| Treynor Ratio | (16.91) |
Damai Sejahtera Abadi Backtested Returns
Damai Sejahtera appears to be very steady, given 3 months investment horizon. Damai Sejahtera Abadi secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Damai Sejahtera Abadi, which you can use to evaluate the volatility of the firm. Please utilize Damai Sejahtera's Mean Deviation of 1.52, downside deviation of 2.42, and Coefficient Of Variation of 1182.48 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Damai Sejahtera holds a performance score of 8. The firm shows a Beta (market volatility) of -0.0116, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Damai Sejahtera are expected to decrease at a much lower rate. During the bear market, Damai Sejahtera is likely to outperform the market. Please check Damai Sejahtera's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Damai Sejahtera's price patterns will revert.
Auto-correlation | 0.23 |
Weak predictability
Damai Sejahtera Abadi has weak predictability. Overlapping area represents the amount of predictability between Damai Sejahtera time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Damai Sejahtera Abadi price movement. The serial correlation of 0.23 indicates that over 23.0% of current Damai Sejahtera price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 295.56 |
Damai Sejahtera Abadi lagged returns against current returns
Autocorrelation, which is Damai Sejahtera 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 Damai Sejahtera's stock expected returns. We can calculate the autocorrelation of Damai Sejahtera returns to help us make a trade decision. For example, suppose you find that Damai Sejahtera 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 |
Damai Sejahtera 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 Damai Sejahtera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Damai Sejahtera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Damai Sejahtera stock over time.
Current vs Lagged Prices |
| Timeline |
Damai Sejahtera Lagged Returns
When evaluating Damai Sejahtera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Damai Sejahtera stock have on its future price. Damai Sejahtera 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, Damai Sejahtera autocorrelation shows the relationship between Damai Sejahtera stock current value and its past values and can show if there is a momentum factor associated with investing in Damai Sejahtera Abadi.
Regressed Prices |
| Timeline |
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Damai Sejahtera financial ratios help investors to determine whether Damai 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 Damai with respect to the benefits of owning Damai Sejahtera security.