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.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in PT Multi on September 29, 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 60 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.
| Downside Deviation | 5.08 | |||
| Information Ratio | (0.01) | |||
| 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 | 0.022 | |||
| Jensen Alpha | 0.1713 | |||
| Total Risk Alpha | (0.76) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.12) |
PT Multi Garam Backtested Returns
As of now, FOLK Stock is not too volatile. PT Multi Garam retains Efficiency (Sharpe Ratio) of 0.0176, which implies the firm had a 0.0176% return per unit of price deviation over the last 3 months. We have found twenty-five technical indicators for PT Multi, which you can use to evaluate the volatility of the company. Please check PT Multi's market risk adjusted performance of (0.11), and Standard Deviation of 5.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.0947%. PT Multi has a performance score of 1 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.72, 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. PT Multi Garam at this moment owns a risk of 5.38%. Please check PT Multi Garam semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if PT Multi Garam will be following its current price history.
Auto-correlation | -0.14 |
Insignificant reverse predictability
PT Multi Garam has insignificant reverse predictability. Overlapping area represents the amount of predictability between PT Multi time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 -0.14 indicates that less than 14.0% of current PT Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 15.65 |
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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