Waskita Karya (Indonesia) Market Value
| WSKT Stock | IDR 202.00 0.00 0.00% |
| Symbol | Waskita |
Waskita Karya '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 Waskita Karya'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 Waskita Karya.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Waskita Karya on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Waskita Karya Persero or generate 0.0% return on investment in Waskita Karya over 540 days. Waskita Karya is related to or competes with Matahari Department, Multi Medika, Visi Media, Bayan Resources, and Baramulti Suksessarana. More
Waskita Karya 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 Waskita Karya'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 Waskita Karya Persero upside and downside potential and time the market with a certain degree of confidence.
Waskita Karya Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waskita Karya's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Waskita Karya's standard deviation. In reality, there are many statistical measures that can use Waskita Karya historical prices to predict the future Waskita Karya's volatility.Waskita Karya Persero Backtested Returns
We have found three technical indicators for Waskita Karya Persero, 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 Waskita Karya are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Waskita Karya Persero has no correlation between past and present. Overlapping area represents the amount of predictability between Waskita Karya 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 Waskita Karya Persero price movement. The serial correlation of 0.0 indicates that just 0.0% of current Waskita Karya 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 |
Waskita Karya Persero lagged returns against current returns
Autocorrelation, which is Waskita Karya 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 Waskita Karya's stock expected returns. We can calculate the autocorrelation of Waskita Karya returns to help us make a trade decision. For example, suppose you find that Waskita Karya 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 |
Waskita Karya 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 Waskita Karya stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Waskita Karya stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Waskita Karya stock over time.
Current vs Lagged Prices |
| Timeline |
Waskita Karya Lagged Returns
When evaluating Waskita Karya's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Waskita Karya stock have on its future price. Waskita Karya 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, Waskita Karya autocorrelation shows the relationship between Waskita Karya stock current value and its past values and can show if there is a momentum factor associated with investing in Waskita Karya Persero.
Regressed Prices |
| Timeline |
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Waskita Karya financial ratios help investors to determine whether Waskita 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 Waskita with respect to the benefits of owning Waskita Karya security.