Wijaya Karya (Indonesia) Market Value

WTON Stock  IDR 86.00  2.00  2.27%   
Wijaya Karya's market value is the price at which a share of Wijaya Karya trades on a public exchange. It measures the collective expectations of Wijaya Karya Beton investors about its performance. Wijaya Karya is selling for 86.00 as of the 14th of December 2024. This is a 2.27% down since the beginning of the trading day. The stock's last reported lowest price was 86.0.
With this module, you can estimate the performance of a buy and hold strategy of Wijaya Karya Beton and determine expected loss or profit from investing in Wijaya Karya over a given investment horizon. Check out Wijaya Karya Correlation, Wijaya Karya Volatility and Wijaya Karya Alpha and Beta module to complement your research on Wijaya Karya.
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Please note, there is a significant difference between Wijaya Karya's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wijaya Karya is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wijaya Karya's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Wijaya Karya '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 Wijaya Karya'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 Wijaya Karya.
0.00
06/17/2024
No Change 0.00  0.0 
In 5 months and 29 days
12/14/2024
0.00
If you would invest  0.00  in Wijaya Karya on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding Wijaya Karya Beton or generate 0.0% return on investment in Wijaya Karya over 180 days. Wijaya Karya is related to or competes with Waskita Karya, Waskita Beton, Pembangunan Perumahan, Wijaya Karya, and Adhi Karya. PT Wijaya Karya Beton Tbk manufactures and sells pre-stressed concrete products in Indonesia and internationally More

Wijaya Karya 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 Wijaya Karya'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 Wijaya Karya Beton upside and downside potential and time the market with a certain degree of confidence.

Wijaya Karya Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wijaya Karya's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wijaya Karya's standard deviation. In reality, there are many statistical measures that can use Wijaya Karya historical prices to predict the future Wijaya Karya's volatility.
Hype
Prediction
LowEstimatedHigh
84.3586.0087.65
Details
Intrinsic
Valuation
LowRealHigh
76.6178.2694.60
Details

Wijaya Karya Beton Backtested Returns

Wijaya Karya Beton shows Sharpe Ratio of -0.23, which attests that the company had a -0.23% return per unit of risk over the last 3 months. Wijaya Karya Beton exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wijaya Karya's Mean Deviation of 1.25, standard deviation of 1.66, and Market Risk Adjusted Performance of (1.05) to validate the risk estimate we provide. The firm maintains a market beta of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wijaya Karya's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wijaya Karya is expected to be smaller as well. At this point, Wijaya Karya Beton has a negative expected return of -0.38%. Please make sure to check out Wijaya Karya's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Wijaya Karya Beton performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.85  

Excellent reverse predictability

Wijaya Karya Beton has excellent reverse predictability. Overlapping area represents the amount of predictability between Wijaya Karya time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th 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 Wijaya Karya Beton price movement. The serial correlation of -0.85 indicates that around 85.0% of current Wijaya Karya price fluctuation can be explain by its past prices.
Correlation Coefficient-0.85
Spearman Rank Test-0.72
Residual Average0.0
Price Variance57.34

Wijaya Karya Beton lagged returns against current returns

Autocorrelation, which is Wijaya Karya 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 Wijaya Karya's stock expected returns. We can calculate the autocorrelation of Wijaya Karya returns to help us make a trade decision. For example, suppose you find that Wijaya Karya 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  

Wijaya Karya 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 Wijaya Karya stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wijaya Karya stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wijaya Karya stock over time.
   Current vs Lagged Prices   
       Timeline  

Wijaya Karya Lagged Returns

When evaluating Wijaya Karya's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wijaya Karya stock have on its future price. Wijaya Karya 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, Wijaya Karya autocorrelation shows the relationship between Wijaya Karya stock current value and its past values and can show if there is a momentum factor associated with investing in Wijaya Karya Beton.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Wijaya Stock

Wijaya Karya financial ratios help investors to determine whether Wijaya 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 Wijaya with respect to the benefits of owning Wijaya Karya security.