PT MNC (Indonesia) Market Value
| IATA Stock | IDR 44.00 1.00 2.33% |
| Symbol | IATA |
PT MNC '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 MNC'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 MNC.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in PT MNC on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding PT MNC Energy or generate 0.0% return on investment in PT MNC over 30 days. PT MNC is related to or competes with Matahari Department, Multi Medika, Visi Media, Bayan Resources, and Baramulti Suksessarana. More
PT MNC 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 MNC'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 MNC Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 19.64 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 7.69 |
PT MNC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT MNC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT MNC's standard deviation. In reality, there are many statistical measures that can use PT MNC historical prices to predict the future PT MNC's volatility.| Risk Adjusted Performance | (0.0002) | |||
| Jensen Alpha | 0.0277 | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.0729 |
PT MNC Energy Backtested Returns
PT MNC Energy retains Efficiency (Sharpe Ratio) of -0.11, which implies the firm had a -0.11% return per unit of price deviation over the last 3 months. PT MNC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT MNC's information ratio of (0.05), and Market Risk Adjusted Performance of 0.0829 to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.65, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PT MNC are expected to decrease at a much lower rate. During the bear market, PT MNC is likely to outperform the market. At this point, PT MNC Energy has a negative expected return of -0.32%. Please make sure to check PT MNC's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if PT MNC Energy performance from the past will be repeated at some future date.
Auto-correlation | 0.40 |
Average predictability
PT MNC Energy has average predictability. Overlapping area represents the amount of predictability between PT MNC time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 MNC Energy price movement. The serial correlation of 0.4 indicates that just about 40.0% of current PT MNC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
PT MNC Energy lagged returns against current returns
Autocorrelation, which is PT MNC 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 MNC's stock expected returns. We can calculate the autocorrelation of PT MNC returns to help us make a trade decision. For example, suppose you find that PT MNC 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 MNC 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 MNC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT MNC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT MNC stock over time.
Current vs Lagged Prices |
| Timeline |
PT MNC Lagged Returns
When evaluating PT MNC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT MNC stock have on its future price. PT MNC 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 MNC autocorrelation shows the relationship between PT MNC stock current value and its past values and can show if there is a momentum factor associated with investing in PT MNC Energy.
Regressed Prices |
| Timeline |
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PT MNC financial ratios help investors to determine whether IATA 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 IATA with respect to the benefits of owning PT MNC security.