Akasha Wira (Indonesia) Risk Analysis And Volatility

ADES -- Indonesia Stock  

IDR 1,060  0.00  0.00%

Macroaxis considers Akasha Wira to be very steady. Akasha Wira Internat secures Sharpe Ratio (or Efficiency) of -0.0398 which signifies that the organization had -0.0398% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Akasha Wira International Tbk exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Akasha Wira Internat Mean Deviation of 1.36 and Risk Adjusted Performance of (0.001175) to double-check risk estimate we provide.

90 Days Market Risk

Very steady

Chance of Distress in 24 months

Below average

90 Days Economic Sensitivity

Barely shadows market
Horizon     30 Days    Login   to change

Akasha Wira Market Sensitivity

As returns on market increase, Akasha Wira returns are expected to increase less than the market. However during bear market, the loss on holding Akasha Wira will be expected to be smaller as well.
3 Months Beta |Analyze Akasha Wira Internat Demand Trend
Check current 30 days Akasha Wira correlation with market (DOW)
β = 0.1258

Akasha Wira Central Daily Price Deviation

Akasha Wira Internat Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of Akasha Wira Internat price series. View also all equity analysis or get more info about median price price transform indicator.

Akasha Wira Projected Return Density Against Market

Assuming 30 trading days horizon, Akasha Wira has beta of 0.1258 . This suggests as returns on market go up, Akasha Wira average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Akasha Wira International Tbk will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Akasha Wira Internat is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Akasha Wira is -2513.25. The daily returns are destributed with a variance of 3.21 and standard deviation of 1.79. The mean deviation of Akasha Wira International Tbk is currently at 1.26. For similar time horizon, the selected benchmark (DOW) has volatility of 0.98
α
Alpha over DOW
=0.02
β
Beta against DOW=0.13
σ
Overall volatility
=1.79
Ir
Information ratio =0.005

Akasha Wira Return Volatility

the organization accepts 1.7918% volatility on return distribution over the 30 days horizon. the entity inherits 0.9768% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Akasha Wira Investment Opportunity

Akasha Wira International Tbk has a volatility of 1.79 and is 1.83 times more volatile than DOW. 16  of all equities and portfolios are less risky than Akasha Wira. Compared to the overall equity markets, volatility of historical daily returns of Akasha Wira International Tbk is lower than 16 () of all global equities and portfolios over the last 30 days. Use Akasha Wira International Tbk to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Akasha Wira to be traded at 1049.4 in 30 days. . As returns on market increase, Akasha Wira returns are expected to increase less than the market. However during bear market, the loss on holding Akasha Wira will be expected to be smaller as well.

Akasha Wira correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Akasha Wira International Tbk and equity matching DJI index in the same portfolio.

Akasha Wira Current Risk Indicators

Akasha Wira Suggested Diversification Pairs

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