Mnc Investama (Indonesia) Market Value
| BHIT Stock | IDR 38.00 1.00 2.56% |
| Symbol | Mnc |
Mnc Investama '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 Mnc Investama'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 Mnc Investama.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Mnc Investama on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Mnc Investama Tbk or generate 0.0% return on investment in Mnc Investama over 30 days. Mnc Investama is related to or competes with Mnc Land, MNC Vision, and Medikaloka Hermina. More
Mnc Investama 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 Mnc Investama'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 Mnc Investama Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 10.01 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.56 |
Mnc Investama Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mnc Investama's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mnc Investama's standard deviation. In reality, there are many statistical measures that can use Mnc Investama historical prices to predict the future Mnc Investama's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.87) |
Mnc Investama Tbk Backtested Returns
Mnc Investama Tbk has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Mnc Investama exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mnc Investama's Standard Deviation of 2.04, mean deviation of 1.59, and Risk Adjusted Performance of (0.12) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mnc Investama's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mnc Investama is expected to be smaller as well. At this point, Mnc Investama Tbk has a negative expected return of -0.31%. Please make sure to verify Mnc Investama's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Mnc Investama Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.03 |
Very weak reverse predictability
Mnc Investama Tbk has very weak reverse predictability. Overlapping area represents the amount of predictability between Mnc Investama time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Mnc Investama Tbk price movement. The serial correlation of -0.03 indicates that only 3.0% of current Mnc Investama price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Mnc Investama Tbk lagged returns against current returns
Autocorrelation, which is Mnc Investama 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 Mnc Investama's stock expected returns. We can calculate the autocorrelation of Mnc Investama returns to help us make a trade decision. For example, suppose you find that Mnc Investama 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 |
Mnc Investama 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 Mnc Investama stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mnc Investama stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mnc Investama stock over time.
Current vs Lagged Prices |
| Timeline |
Mnc Investama Lagged Returns
When evaluating Mnc Investama's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mnc Investama stock have on its future price. Mnc Investama 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, Mnc Investama autocorrelation shows the relationship between Mnc Investama stock current value and its past values and can show if there is a momentum factor associated with investing in Mnc Investama Tbk.
Regressed Prices |
| Timeline |
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Mnc Investama financial ratios help investors to determine whether Mnc 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 Mnc with respect to the benefits of owning Mnc Investama security.