Bank Woori (Indonesia) Market Value
| SDRA Stock | IDR 535.00 3.52 0.66% |
| Symbol | Bank |
Bank Woori '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 Bank Woori'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 Bank Woori.
| 06/29/2023 |
| 04/24/2024 |
If you would invest 0.00 in Bank Woori on June 29, 2023 and sell it all today you would earn a total of 0.00 from holding Bank Woori Saudara or generate 0.0% return on investment in Bank Woori over 300 days. Bank Woori is related to or competes with Bank Rakyat, Astra International, United Tractors, Bukit Asam, Indofood Sukses, and Hanjaya Mandala. PT Bank Woori Saudara Indonesia 1906 Tbk provides various commercial banking products and services for individuals and b... More
Bank Woori 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 Bank Woori'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 Bank Woori Saudara upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 7.64 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.8 |
Bank Woori Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Woori's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Woori's standard deviation. In reality, there are many statistical measures that can use Bank Woori historical prices to predict the future Bank Woori's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.2901 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Woori'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.
Bank Woori Saudara Backtested Returns
Bank Woori Saudara secures Sharpe Ratio (or Efficiency) of -0.0491, which signifies that the company had a -0.0491% return per unit of risk over the last 3 months. Bank Woori Saudara exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Woori's Standard Deviation of 1.46, mean deviation of 0.9857, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Woori are expected to decrease at a much lower rate. During the bear market, Bank Woori is likely to outperform the market. Bank Woori Saudara has an expected return of -0.0809%. Please make sure to confirm Bank Woori Saudara maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Bank Woori Saudara performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Bank Woori Saudara has insignificant predictability. Overlapping area represents the amount of predictability between Bank Woori time series from 29th of June 2023 to 26th of November 2023 and 26th of November 2023 to 24th of April 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 Bank Woori Saudara price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Bank Woori price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 298.22 |
Bank Woori Saudara lagged returns against current returns
Autocorrelation, which is Bank Woori 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 Bank Woori's stock expected returns. We can calculate the autocorrelation of Bank Woori returns to help us make a trade decision. For example, suppose you find that Bank Woori 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 |
Bank Woori 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 Bank Woori stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Woori stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Woori stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Woori Lagged Returns
When evaluating Bank Woori's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Woori stock have on its future price. Bank Woori 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, Bank Woori autocorrelation shows the relationship between Bank Woori stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Woori Saudara.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Bank Woori Correlation, Bank Woori Volatility and Bank Woori Alpha and Beta module to complement your research on Bank Woori. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Bank Stock analysis
When running Bank Woori's price analysis, check to measure Bank Woori'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 Bank Woori is operating at the current time. Most of Bank Woori's value examination focuses on studying past and present price action to predict the probability of Bank Woori's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Woori's price. Additionally, you may evaluate how the addition of Bank Woori to your portfolios can decrease your overall portfolio volatility.
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Bank Woori 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.