PT Dewi (Indonesia) Market Value
| DEWI Stock | 84.00 1.00 1.18% |
| Symbol | DEWI |
PT Dewi '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 PT Dewi'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 PT Dewi.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in PT Dewi on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding PT Dewi Shri or generate 0.0% return on investment in PT Dewi over 30 days. PT Dewi is related to or competes with PT Cilacap, Habco Trans, PT Arkora, PT Jhonlin, and PT Sari. More
PT Dewi 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 PT Dewi'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 PT Dewi Shri upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.14 | |||
| Information Ratio | 0.0339 | |||
| Maximum Drawdown | 12.69 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 3.75 |
PT Dewi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Dewi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Dewi's standard deviation. In reality, there are many statistical measures that can use PT Dewi historical prices to predict the future PT Dewi's volatility.| Risk Adjusted Performance | 0.077 | |||
| Jensen Alpha | 0.2067 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0308 | |||
| Treynor Ratio | (0.79) |
PT Dewi Shri Backtested Returns
As of now, DEWI Stock is very steady. PT Dewi Shri retains Efficiency (Sharpe Ratio) of 0.091, which implies the firm had a 0.091% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for PT Dewi, which you can use to evaluate the volatility of the company. Please check PT Dewi's market risk adjusted performance of (0.78), and Standard Deviation of 1.95 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. PT Dewi has a performance score of 7 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PT Dewi are expected to decrease at a much lower rate. During the bear market, PT Dewi is likely to outperform the market. PT Dewi Shri at this moment owns a risk of 1.99%. Please check PT Dewi Shri semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if PT Dewi Shri will be following its current price history.
Auto-correlation | 0.18 |
Very weak predictability
PT Dewi Shri has very weak predictability. Overlapping area represents the amount of predictability between PT Dewi time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 PT Dewi Shri price movement. The serial correlation of 0.18 indicates that over 18.0% of current PT Dewi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 1.09 |
PT Dewi Shri lagged returns against current returns
Autocorrelation, which is PT Dewi 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 PT Dewi's stock expected returns. We can calculate the autocorrelation of PT Dewi returns to help us make a trade decision. For example, suppose you find that PT Dewi 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 |
PT Dewi 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 PT Dewi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Dewi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Dewi stock over time.
Current vs Lagged Prices |
| Timeline |
PT Dewi Lagged Returns
When evaluating PT Dewi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Dewi stock have on its future price. PT Dewi 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, PT Dewi autocorrelation shows the relationship between PT Dewi stock current value and its past values and can show if there is a momentum factor associated with investing in PT Dewi Shri.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in DEWI Stock
PT Dewi financial ratios help investors to determine whether DEWI 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 DEWI with respect to the benefits of owning PT Dewi security.