Wicaksana Overseas (Indonesia) Market Value
| WICO Stock | IDR 123.00 0.00 0.00% |
| Symbol | Wicaksana |
Wicaksana Overseas '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 Wicaksana Overseas' 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 Wicaksana Overseas.
| 04/21/2024 |
| 12/17/2024 |
If you would invest 0.00 in Wicaksana Overseas on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding Wicaksana Overseas International or generate 0.0% return on investment in Wicaksana Overseas over 240 days. Wicaksana Overseas is related to or competes with Surya Citra, First Media, Grand Kartech, Prima Alloy, Tridomain Performance, Dyandra Media, and Indosterling Technomedia. More
Wicaksana Overseas 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 Wicaksana Overseas' 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 Wicaksana Overseas International upside and downside potential and time the market with a certain degree of confidence.
Wicaksana Overseas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wicaksana Overseas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wicaksana Overseas' standard deviation. In reality, there are many statistical measures that can use Wicaksana Overseas historical prices to predict the future Wicaksana Overseas' volatility.Wicaksana Overseas Backtested Returns
We have found three technical indicators for Wicaksana Overseas, 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 Wicaksana Overseas are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Wicaksana Overseas International has no correlation between past and present. Overlapping area represents the amount of predictability between Wicaksana Overseas time series from 21st of April 2024 to 19th of August 2024 and 19th of August 2024 to 17th 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 Wicaksana Overseas price movement. The serial correlation of 0.0 indicates that just 0.0% of current Wicaksana Overseas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wicaksana Overseas lagged returns against current returns
Autocorrelation, which is Wicaksana Overseas 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 Wicaksana Overseas' stock expected returns. We can calculate the autocorrelation of Wicaksana Overseas returns to help us make a trade decision. For example, suppose you find that Wicaksana Overseas 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 |
Wicaksana Overseas 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 Wicaksana Overseas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wicaksana Overseas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wicaksana Overseas stock over time.
Current vs Lagged Prices |
| Timeline |
Wicaksana Overseas Lagged Returns
When evaluating Wicaksana Overseas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wicaksana Overseas stock have on its future price. Wicaksana Overseas 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, Wicaksana Overseas autocorrelation shows the relationship between Wicaksana Overseas stock current value and its past values and can show if there is a momentum factor associated with investing in Wicaksana Overseas International.
Regressed Prices |
| Timeline |
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Wicaksana Overseas financial ratios help investors to determine whether Wicaksana 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 Wicaksana with respect to the benefits of owning Wicaksana Overseas security.