Wahana Ottomitra (Indonesia) Market Value
| WOMF Stock | IDR 362.00 12.00 3.43% |
| Symbol | Wahana |
Wahana Ottomitra '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 Wahana Ottomitra'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 Wahana Ottomitra.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Wahana Ottomitra on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Wahana Ottomitra Multiartha or generate 0.0% return on investment in Wahana Ottomitra over 30 days. Wahana Ottomitra is related to or competes with Trimegah Securities, Clipan Finance, Adira Dinamika, Paninvest Tbk, and Panin Financial. More
Wahana Ottomitra 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 Wahana Ottomitra'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 Wahana Ottomitra Multiartha upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.14 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.11 |
Wahana Ottomitra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wahana Ottomitra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wahana Ottomitra's standard deviation. In reality, there are many statistical measures that can use Wahana Ottomitra historical prices to predict the future Wahana Ottomitra's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (3.19) |
Wahana Ottomitra Mul Backtested Returns
As of now, Wahana Stock is very steady. Wahana Ottomitra Mul shows Sharpe Ratio of 0.0305, which attests that the company had a 0.0305% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Wahana Ottomitra Mul, which you can use to evaluate the volatility of the company. Please check out Wahana Ottomitra's Mean Deviation of 0.5715, market risk adjusted performance of (3.18), and Standard Deviation of 0.9237 to validate if the risk estimate we provide is consistent with the expected return of 0.0319%. Wahana Ottomitra has a performance score of 2 on a scale of 0 to 100. The firm maintains a market beta of 0.0099, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wahana Ottomitra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wahana Ottomitra is expected to be smaller as well. Wahana Ottomitra Mul right now maintains a risk of 1.05%. Please check out Wahana Ottomitra Mul maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Wahana Ottomitra Mul will be following its historical returns.
Auto-correlation | -0.52 |
Good reverse predictability
Wahana Ottomitra Multiartha has good reverse predictability. Overlapping area represents the amount of predictability between Wahana Ottomitra time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Wahana Ottomitra Mul price movement. The serial correlation of -0.52 indicates that about 52.0% of current Wahana Ottomitra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 14.08 |
Wahana Ottomitra Mul lagged returns against current returns
Autocorrelation, which is Wahana Ottomitra 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 Wahana Ottomitra's stock expected returns. We can calculate the autocorrelation of Wahana Ottomitra returns to help us make a trade decision. For example, suppose you find that Wahana Ottomitra 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 |
Wahana Ottomitra 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 Wahana Ottomitra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wahana Ottomitra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wahana Ottomitra stock over time.
Current vs Lagged Prices |
| Timeline |
Wahana Ottomitra Lagged Returns
When evaluating Wahana Ottomitra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wahana Ottomitra stock have on its future price. Wahana Ottomitra 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, Wahana Ottomitra autocorrelation shows the relationship between Wahana Ottomitra stock current value and its past values and can show if there is a momentum factor associated with investing in Wahana Ottomitra Multiartha.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Wahana Stock
Wahana Ottomitra financial ratios help investors to determine whether Wahana 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 Wahana with respect to the benefits of owning Wahana Ottomitra security.