PT Wintermar (Germany) Market Value
| W6O Stock | EUR 0.03 0.00 0.00% |
| Symbol | W6O |
PT Wintermar '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 Wintermar'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 Wintermar.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in PT Wintermar on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding PT Wintermar Offshore or generate 0.0% return on investment in PT Wintermar over 30 days. PT Wintermar is related to or competes with AP Mller, AP Møller, ZIM Integrated, DFDS AS, Pacific Basin, Clarkson PLC, and BW LPG. PT Wintermar Offshore Marine Tbk supporting services for the offshore transportation for the oil and gas industry in Ind... More
PT Wintermar 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 Wintermar'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 Wintermar Offshore upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0463 | |||
| Maximum Drawdown | 33.88 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 4.17 |
PT Wintermar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Wintermar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Wintermar's standard deviation. In reality, there are many statistical measures that can use PT Wintermar historical prices to predict the future PT Wintermar's volatility.| Risk Adjusted Performance | 0.0503 | |||
| Jensen Alpha | 0.2822 | |||
| Total Risk Alpha | 0.1087 | |||
| Treynor Ratio | (0.22) |
PT Wintermar Offshore Backtested Returns
At this point, PT Wintermar is out of control. PT Wintermar Offshore retains Efficiency (Sharpe Ratio) of 0.0156, which implies the firm had a 0.0156% return per unit of price deviation over the last 3 months. We have found eighteen technical indicators for PT Wintermar, which you can use to evaluate the volatility of the company. Please check PT Wintermar's market risk adjusted performance of (0.21), and Information Ratio of 0.0463 to confirm if the risk estimate we provide is consistent with the expected return of 0.0783%. PT Wintermar has a performance score of 1 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -1.15, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning PT Wintermar are expected to decrease slowly. On the other hand, during market turmoil, PT Wintermar is expected to outperform it slightly. PT Wintermar Offshore at this moment owns a risk of 5.03%. Please check PT Wintermar Offshore mean deviation, information ratio, potential upside, as well as the relationship between the standard deviation and maximum drawdown , to decide if PT Wintermar Offshore will be following its current price history.
Auto-correlation | 1.00 |
Perfect predictability
PT Wintermar Offshore has perfect predictability. Overlapping area represents the amount of predictability between PT Wintermar time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Wintermar Offshore price movement. The serial correlation of 1.0 indicates that 100.0% of current PT Wintermar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Wintermar Offshore lagged returns against current returns
Autocorrelation, which is PT Wintermar 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 Wintermar's stock expected returns. We can calculate the autocorrelation of PT Wintermar returns to help us make a trade decision. For example, suppose you find that PT Wintermar 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 Wintermar 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 Wintermar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Wintermar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Wintermar stock over time.
Current vs Lagged Prices |
| Timeline |
PT Wintermar Lagged Returns
When evaluating PT Wintermar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Wintermar stock have on its future price. PT Wintermar 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 Wintermar autocorrelation shows the relationship between PT Wintermar stock current value and its past values and can show if there is a momentum factor associated with investing in PT Wintermar Offshore.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in W6O Stock
PT Wintermar financial ratios help investors to determine whether W6O 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 W6O with respect to the benefits of owning PT Wintermar security.