Emdeki Utama (Indonesia) Market Value
| MDKI Stock | IDR 177.00 1.00 0.56% |
| Symbol | Emdeki |
Emdeki Utama '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 Emdeki Utama'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 Emdeki Utama.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Emdeki Utama on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Emdeki Utama Tbk or generate 0.0% return on investment in Emdeki Utama over 30 days. Emdeki Utama is related to or competes with Kedaung Indah, Langgeng Makmur, Kabelindo Murni, Mustika Ratu, and Champion Pacific. More
Emdeki Utama 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 Emdeki Utama'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 Emdeki Utama Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 2.79 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 0.565 |
Emdeki Utama Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emdeki Utama's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emdeki Utama's standard deviation. In reality, there are many statistical measures that can use Emdeki Utama historical prices to predict the future Emdeki Utama's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (1.45) |
Emdeki Utama Tbk Backtested Returns
Emdeki Utama Tbk secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of standard deviation over the last 3 months. Emdeki Utama Tbk exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emdeki Utama's Coefficient Of Variation of (1,012), standard deviation of 0.5746, and Mean Deviation of 0.4012 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.046, which means not very significant fluctuations relative to the market. As returns on the market increase, Emdeki Utama's returns are expected to increase less than the market. However, during the bear market, the loss of holding Emdeki Utama is expected to be smaller as well. At this point, Emdeki Utama Tbk has a negative expected return of -0.0685%. Please make sure to confirm Emdeki Utama's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Emdeki Utama Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Emdeki Utama Tbk has below average predictability. Overlapping area represents the amount of predictability between Emdeki Utama 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 Emdeki Utama Tbk price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Emdeki Utama price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 1.34 |
Emdeki Utama Tbk lagged returns against current returns
Autocorrelation, which is Emdeki Utama 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 Emdeki Utama's stock expected returns. We can calculate the autocorrelation of Emdeki Utama returns to help us make a trade decision. For example, suppose you find that Emdeki Utama 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 |
Emdeki Utama 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 Emdeki Utama stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emdeki Utama stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emdeki Utama stock over time.
Current vs Lagged Prices |
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Emdeki Utama Lagged Returns
When evaluating Emdeki Utama's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emdeki Utama stock have on its future price. Emdeki Utama 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, Emdeki Utama autocorrelation shows the relationship between Emdeki Utama stock current value and its past values and can show if there is a momentum factor associated with investing in Emdeki Utama Tbk.
Regressed Prices |
| Timeline |
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Emdeki Utama financial ratios help investors to determine whether Emdeki 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 Emdeki with respect to the benefits of owning Emdeki Utama security.