PT Multi (Indonesia) Market Value
| FOLK Stock | 50.00 0.00 0.00% |
| Symbol | FOLK |
PT Multi '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 PT Multi'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 PT Multi.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in PT Multi on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding PT Multi Garam or generate 0.0% return on investment in PT Multi over 30 days.
PT Multi 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 PT Multi'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 PT Multi Garam upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 48.93 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 3.92 |
PT Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Multi's standard deviation. In reality, there are many statistical measures that can use PT Multi historical prices to predict the future PT Multi's volatility.| Risk Adjusted Performance | 0.0058 | |||
| Jensen Alpha | 0.0714 | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | 0.0349 |
PT Multi Garam Backtested Returns
PT Multi Garam retains Efficiency (Sharpe Ratio) of -0.0198, which implies the firm had a -0.0198% return per unit of price deviation over the last 3 months. PT Multi exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Multi's information ratio of (0.03), and Market Risk Adjusted Performance of 0.0449 to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.83, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PT Multi are expected to decrease at a much lower rate. During the bear market, PT Multi is likely to outperform the market. At this point, PT Multi Garam has a negative expected return of -0.1%. Please make sure to check PT Multi's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if PT Multi Garam performance from the past will be repeated at some future date.
Auto-correlation | 0.00 |
No correlation between past and present
PT Multi Garam has no correlation between past and present. Overlapping area represents the amount of predictability between PT Multi time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 PT Multi Garam price movement. The serial correlation of 0.0 indicates that just 0.0% of current PT Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Multi Garam lagged returns against current returns
Autocorrelation, which is PT Multi 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 PT Multi's stock expected returns. We can calculate the autocorrelation of PT Multi returns to help us make a trade decision. For example, suppose you find that PT Multi 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 |
PT Multi 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 PT Multi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Multi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Multi stock over time.
Current vs Lagged Prices |
| Timeline |
PT Multi Lagged Returns
When evaluating PT Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Multi stock have on its future price. PT Multi 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, PT Multi autocorrelation shows the relationship between PT Multi stock current value and its past values and can show if there is a momentum factor associated with investing in PT Multi Garam.
Regressed Prices |
| Timeline |
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