Wismilak Inti (Indonesia) Market Value
| WIIM Stock | IDR 770.00 10.00 1.28% |
| Symbol | Wismilak |
Wismilak Inti '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 Wismilak Inti'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 Wismilak Inti.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Wismilak Inti on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Wismilak Inti Makmur or generate 0.0% return on investment in Wismilak Inti over 540 days. Wismilak Inti is related to or competes with Bekasi Fajar, Erajaya Swasembada, Semen Baturaja, Ultra Jaya, and Indomobil Sukses. PT Wismilak Inti Makmur Tbk manufactures and trades in cigarettes in Indonesia More
Wismilak Inti 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 Wismilak Inti'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 Wismilak Inti Makmur upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 11.68 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 3.13 |
Wismilak Inti Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wismilak Inti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wismilak Inti's standard deviation. In reality, there are many statistical measures that can use Wismilak Inti historical prices to predict the future Wismilak Inti's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.6326 |
Wismilak Inti Makmur Backtested Returns
Wismilak Inti Makmur shows Sharpe Ratio of -0.18, which attests that the company had a -0.18% return per unit of risk over the last 3 months. Wismilak Inti Makmur exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wismilak Inti's Standard Deviation of 1.78, mean deviation of 1.19, and Market Risk Adjusted Performance of 0.6426 to validate the risk estimate we provide. The firm maintains a market beta of -0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Wismilak Inti are expected to decrease at a much lower rate. During the bear market, Wismilak Inti is likely to outperform the market. At this point, Wismilak Inti Makmur has a negative expected return of -0.33%. Please make sure to check out Wismilak Inti's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Wismilak Inti Makmur performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Wismilak Inti Makmur has insignificant reverse predictability. Overlapping area represents the amount of predictability between Wismilak Inti time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Wismilak Inti Makmur price movement. The serial correlation of -0.19 indicates that over 19.0% of current Wismilak Inti price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 29.4 K |
Wismilak Inti Makmur lagged returns against current returns
Autocorrelation, which is Wismilak Inti 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 Wismilak Inti's stock expected returns. We can calculate the autocorrelation of Wismilak Inti returns to help us make a trade decision. For example, suppose you find that Wismilak Inti 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 |
Wismilak Inti 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 Wismilak Inti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wismilak Inti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wismilak Inti stock over time.
Current vs Lagged Prices |
| Timeline |
Wismilak Inti Lagged Returns
When evaluating Wismilak Inti's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wismilak Inti stock have on its future price. Wismilak Inti 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, Wismilak Inti autocorrelation shows the relationship between Wismilak Inti stock current value and its past values and can show if there is a momentum factor associated with investing in Wismilak Inti Makmur.
Regressed Prices |
| Timeline |
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Wismilak Inti financial ratios help investors to determine whether Wismilak 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 Wismilak with respect to the benefits of owning Wismilak Inti security.