Nusantara Voucher (Indonesia) Market Value
| DIVA Stock | 152.00 43.00 22.05% |
| Symbol | Nusantara |
Nusantara Voucher '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 Nusantara Voucher'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 Nusantara Voucher.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Nusantara Voucher on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Nusantara Voucher Distribution or generate 0.0% return on investment in Nusantara Voucher over 480 days. Nusantara Voucher is related to or competes with M Cash, NFC Indonesia, Digital Mediatama, Kioson Komersial, and Multipolar Technology. More
Nusantara Voucher 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 Nusantara Voucher'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 Nusantara Voucher Distribution upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.36 | |||
| Information Ratio | 0.0681 | |||
| Maximum Drawdown | 52.5 | |||
| Value At Risk | (7.97) | |||
| Potential Upside | 14.05 |
Nusantara Voucher Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nusantara Voucher's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nusantara Voucher's standard deviation. In reality, there are many statistical measures that can use Nusantara Voucher historical prices to predict the future Nusantara Voucher's volatility.| Risk Adjusted Performance | 0.0707 | |||
| Jensen Alpha | 0.7783 | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | 0.0772 | |||
| Treynor Ratio | (0.40) |
Nusantara Voucher Backtested Returns
Nusantara Voucher appears to be very steady, given 3 months investment horizon. Nusantara Voucher has Sharpe Ratio of 0.0774, which conveys that the firm had a 0.0774% return per unit of risk over the last 3 months. By analyzing Nusantara Voucher's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise Nusantara Voucher's Mean Deviation of 3.82, risk adjusted performance of 0.0707, and Downside Deviation of 6.36 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nusantara Voucher holds a performance score of 6. The company secures a Beta (Market Risk) of -1.51, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nusantara Voucher are expected to decrease by larger amounts. On the other hand, during market turmoil, Nusantara Voucher is expected to outperform it. Please check Nusantara Voucher's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Nusantara Voucher's current price movements will revert.
Auto-correlation | -0.7 |
Very good reverse predictability
Nusantara Voucher Distribution has very good reverse predictability. Overlapping area represents the amount of predictability between Nusantara Voucher time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Nusantara Voucher price movement. The serial correlation of -0.7 indicates that around 70.0% of current Nusantara Voucher price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 302.13 |
Nusantara Voucher lagged returns against current returns
Autocorrelation, which is Nusantara Voucher 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 Nusantara Voucher's stock expected returns. We can calculate the autocorrelation of Nusantara Voucher returns to help us make a trade decision. For example, suppose you find that Nusantara Voucher 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 |
Nusantara Voucher 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 Nusantara Voucher stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nusantara Voucher stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nusantara Voucher stock over time.
Current vs Lagged Prices |
| Timeline |
Nusantara Voucher Lagged Returns
When evaluating Nusantara Voucher's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nusantara Voucher stock have on its future price. Nusantara Voucher 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, Nusantara Voucher autocorrelation shows the relationship between Nusantara Voucher stock current value and its past values and can show if there is a momentum factor associated with investing in Nusantara Voucher Distribution.
Regressed Prices |
| Timeline |
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Nusantara Voucher financial ratios help investors to determine whether Nusantara 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 Nusantara with respect to the benefits of owning Nusantara Voucher security.