Mahaka Media (Indonesia) Market Value
| ABBA Stock | IDR 28.00 1.00 3.45% |
| Symbol | Mahaka |
Mahaka Media '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 Mahaka Media'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 Mahaka Media.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Mahaka Media on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Mahaka Media Tbk or generate 0.0% return on investment in Mahaka Media over 30 days. Mahaka Media is related to or competes with Mnc Land, MNC Vision, and Medikaloka Hermina. More
Mahaka Media 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 Mahaka Media'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 Mahaka Media Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.91 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 18.5 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 8.33 |
Mahaka Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mahaka Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mahaka Media's standard deviation. In reality, there are many statistical measures that can use Mahaka Media historical prices to predict the future Mahaka Media's volatility.| Risk Adjusted Performance | 0.0241 | |||
| Jensen Alpha | 0.0231 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1675 |
Mahaka Media Tbk Backtested Returns
As of now, Mahaka Stock is not too volatile. Mahaka Media Tbk has Sharpe Ratio of 0.0084, which conveys that the firm had a 0.0084% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mahaka Media, which you can use to evaluate the volatility of the firm. Please verify Mahaka Media's Risk Adjusted Performance of 0.0241, downside deviation of 4.91, and Mean Deviation of 2.89 to check out if the risk estimate we provide is consistent with the expected return of 0.0366%. The company secures a Beta (Market Risk) of 0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mahaka Media's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mahaka Media is expected to be smaller as well. Mahaka Media Tbk right now secures a risk of 4.36%. Please verify Mahaka Media Tbk coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to decide if Mahaka Media Tbk will be following its current price movements.
Auto-correlation | 0.03 |
Virtually no predictability
Mahaka Media Tbk has virtually no predictability. Overlapping area represents the amount of predictability between Mahaka Media time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 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 Mahaka Media Tbk price movement. The serial correlation of 0.03 indicates that only 3.0% of current Mahaka Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Mahaka Media Tbk lagged returns against current returns
Autocorrelation, which is Mahaka Media 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 Mahaka Media's stock expected returns. We can calculate the autocorrelation of Mahaka Media returns to help us make a trade decision. For example, suppose you find that Mahaka Media 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 |
Mahaka Media 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 Mahaka Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mahaka Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mahaka Media stock over time.
Current vs Lagged Prices |
| Timeline |
Mahaka Media Lagged Returns
When evaluating Mahaka Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mahaka Media stock have on its future price. Mahaka Media 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, Mahaka Media autocorrelation shows the relationship between Mahaka Media stock current value and its past values and can show if there is a momentum factor associated with investing in Mahaka Media Tbk.
Regressed Prices |
| Timeline |
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Mahaka Media financial ratios help investors to determine whether Mahaka 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 Mahaka with respect to the benefits of owning Mahaka Media security.