Dana Brata (Indonesia) Market Value
| TEBE Stock | IDR 740.00 5.00 0.68% |
| Symbol | Dana |
Dana Brata '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 Dana Brata'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 Dana Brata.
| 04/05/2024 |
| 05/05/2024 |
If you would invest 0.00 in Dana Brata on April 5, 2024 and sell it all today you would earn a total of 0.00 from holding Dana Brata Luhur or generate 0.0% return on investment in Dana Brata over 30 days. Dana Brata is related to or competes with Pelita Samudera, Trans Power, Kencana Energi, Pelayaran Nelly, and PT Indonesia. PT Dana Brata Luhur Tbk, a coal logistic company, provides pit to port coal hauling services in Indonesia More
Dana Brata 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 Dana Brata'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 Dana Brata Luhur upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 5.93 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.32 |
Dana Brata Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dana Brata's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dana Brata's standard deviation. In reality, there are many statistical measures that can use Dana Brata historical prices to predict the future Dana Brata's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 1.05 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dana Brata's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Dana Brata Luhur Backtested Returns
Dana Brata Luhur secures Sharpe Ratio (or Efficiency) of -0.0428, which denotes the company had a -0.0428% return per unit of risk over the last 3 months. Dana Brata Luhur exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dana Brata's Variance of 1.09, standard deviation of 1.04, and Mean Deviation of 0.7669 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dana Brata are expected to decrease at a much lower rate. During the bear market, Dana Brata is likely to outperform the market. Dana Brata Luhur has an expected return of -0.0449%. Please make sure to confirm Dana Brata Luhur potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Dana Brata Luhur performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.88 |
Excellent reverse predictability
Dana Brata Luhur has excellent reverse predictability. Overlapping area represents the amount of predictability between Dana Brata time series from 5th of April 2024 to 20th of April 2024 and 20th of April 2024 to 5th of May 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 Dana Brata Luhur price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Dana Brata price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 97.22 |
Dana Brata Luhur lagged returns against current returns
Autocorrelation, which is Dana Brata 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 Dana Brata's stock expected returns. We can calculate the autocorrelation of Dana Brata returns to help us make a trade decision. For example, suppose you find that Dana Brata 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 |
Dana Brata 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 Dana Brata stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dana Brata stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dana Brata stock over time.
Current vs Lagged Prices |
| Timeline |
Dana Brata Lagged Returns
When evaluating Dana Brata's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dana Brata stock have on its future price. Dana Brata 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, Dana Brata autocorrelation shows the relationship between Dana Brata stock current value and its past values and can show if there is a momentum factor associated with investing in Dana Brata Luhur.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Dana Brata Correlation, Dana Brata Volatility and Dana Brata Alpha and Beta module to complement your research on Dana Brata. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Dana Stock analysis
When running Dana Brata's price analysis, check to measure Dana Brata's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dana Brata is operating at the current time. Most of Dana Brata's value examination focuses on studying past and present price action to predict the probability of Dana Brata's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dana Brata's price. Additionally, you may evaluate how the addition of Dana Brata to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Dana Brata technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.