Arkadia Digital (Indonesia) Market Value
| DIGI Stock | IDR 13.00 1.00 7.14% |
| Symbol | Arkadia |
Arkadia Digital '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 Arkadia Digital'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 Arkadia Digital.
| 06/11/2023 |
| 12/02/2024 |
If you would invest 0.00 in Arkadia Digital on June 11, 2023 and sell it all today you would earn a total of 0.00 from holding Arkadia Digital Media or generate 0.0% return on investment in Arkadia Digital over 540 days. Arkadia Digital is related to or competes with Electronic City, Mitra Pinasthika, Jakarta Int, Indosat Tbk, Inocycle Technology, J Resources, and Akr Corporindo. PT Arkadia Digital Media Tbk operates as an independent and integrated digital media company in Indonesia More
Arkadia Digital 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 Arkadia Digital'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 Arkadia Digital Media upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 14.29 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 7.14 |
Arkadia Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arkadia Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arkadia Digital's standard deviation. In reality, there are many statistical measures that can use Arkadia Digital historical prices to predict the future Arkadia Digital's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (1.10) |
Arkadia Digital Media Backtested Returns
Arkadia Digital Media secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Arkadia Digital Media exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arkadia Digital's Risk Adjusted Performance of (0.07), standard deviation of 3.28, and Mean Deviation of 1.86 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Arkadia Digital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arkadia Digital is expected to be smaller as well. At this point, Arkadia Digital Media has a negative expected return of -0.37%. Please make sure to confirm Arkadia Digital's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Arkadia Digital Media performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Arkadia Digital Media has insignificant reverse predictability. Overlapping area represents the amount of predictability between Arkadia Digital time series from 11th of June 2023 to 7th of March 2024 and 7th of March 2024 to 2nd 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 Arkadia Digital Media price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Arkadia Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 3.48 |
Arkadia Digital Media lagged returns against current returns
Autocorrelation, which is Arkadia Digital 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 Arkadia Digital's stock expected returns. We can calculate the autocorrelation of Arkadia Digital returns to help us make a trade decision. For example, suppose you find that Arkadia Digital 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 |
Arkadia Digital 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 Arkadia Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arkadia Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arkadia Digital stock over time.
Current vs Lagged Prices |
| Timeline |
Arkadia Digital Lagged Returns
When evaluating Arkadia Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arkadia Digital stock have on its future price. Arkadia Digital 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, Arkadia Digital autocorrelation shows the relationship between Arkadia Digital stock current value and its past values and can show if there is a momentum factor associated with investing in Arkadia Digital Media.
Regressed Prices |
| Timeline |
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Arkadia Digital financial ratios help investors to determine whether Arkadia 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 Arkadia with respect to the benefits of owning Arkadia Digital security.