Widodo Makmur (Indonesia) Market Value
| WMPP Stock | 12.00 0.00 0.00% |
| Symbol | Widodo |
Widodo Makmur '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 Widodo Makmur'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 Widodo Makmur.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Widodo Makmur on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Widodo Makmur Perkasa or generate 0.0% return on investment in Widodo Makmur over 180 days. Widodo Makmur is related to or competes with Widodo Makmur, Dayamitra Telekomunikasi, Avia Avian, RMK Energy, and Archi Indonesia. More
Widodo Makmur 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 Widodo Makmur'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 Widodo Makmur Perkasa upside and downside potential and time the market with a certain degree of confidence.
Widodo Makmur Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Widodo Makmur's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Widodo Makmur's standard deviation. In reality, there are many statistical measures that can use Widodo Makmur historical prices to predict the future Widodo Makmur's volatility.Widodo Makmur Perkasa Backtested Returns
We have found three technical indicators for Widodo Makmur Perkasa, which you can use to evaluate the volatility of the company. The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Widodo Makmur are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Widodo Makmur Perkasa has no correlation between past and present. Overlapping area represents the amount of predictability between Widodo Makmur time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 Widodo Makmur Perkasa price movement. The serial correlation of 0.0 indicates that just 0.0% of current Widodo Makmur price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Widodo Makmur Perkasa lagged returns against current returns
Autocorrelation, which is Widodo Makmur 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 Widodo Makmur's stock expected returns. We can calculate the autocorrelation of Widodo Makmur returns to help us make a trade decision. For example, suppose you find that Widodo Makmur 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 |
Widodo Makmur 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 Widodo Makmur stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Widodo Makmur stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Widodo Makmur stock over time.
Current vs Lagged Prices |
| Timeline |
Widodo Makmur Lagged Returns
When evaluating Widodo Makmur's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Widodo Makmur stock have on its future price. Widodo Makmur 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, Widodo Makmur autocorrelation shows the relationship between Widodo Makmur stock current value and its past values and can show if there is a momentum factor associated with investing in Widodo Makmur Perkasa.
Regressed Prices |
| Timeline |
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Widodo Makmur financial ratios help investors to determine whether Widodo 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 Widodo with respect to the benefits of owning Widodo Makmur security.