Multifiling Mitra (Indonesia) Market Value
| MFMI Stock | IDR 1,250 0.00 0.00% |
| Symbol | Multifiling |
Multifiling Mitra '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 Multifiling Mitra'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 Multifiling Mitra.
| 10/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Multifiling Mitra on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Multifiling Mitra Indonesia or generate 0.0% return on investment in Multifiling Mitra over 390 days. Multifiling Mitra is related to or competes with Samudera Indonesia, Rukun Raharja, PT Temas, and Weha Transportasi. More
Multifiling Mitra 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 Multifiling Mitra'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 Multifiling Mitra Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.56 | |||
| Information Ratio | 0.1396 | |||
| Maximum Drawdown | 19.72 | |||
| Value At Risk | (9.48) | |||
| Potential Upside | 9.77 |
Multifiling Mitra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multifiling Mitra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multifiling Mitra's standard deviation. In reality, there are many statistical measures that can use Multifiling Mitra historical prices to predict the future Multifiling Mitra's volatility.| Risk Adjusted Performance | 0.1391 | |||
| Jensen Alpha | 0.6848 | |||
| Total Risk Alpha | 0.0456 | |||
| Sortino Ratio | 0.1057 | |||
| Treynor Ratio | 3.7 |
Multifiling Mitra Backtested Returns
Multifiling Mitra appears to be very steady, given 3 months investment horizon. Multifiling Mitra has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Multifiling Mitra's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please exercise Multifiling Mitra's Downside Deviation of 5.56, risk adjusted performance of 0.1391, and Mean Deviation of 2.55 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Multifiling Mitra holds a performance score of 11. The company secures a Beta (Market Risk) of 0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Multifiling Mitra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Multifiling Mitra is expected to be smaller as well. Please check Multifiling Mitra's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Multifiling Mitra's current price movements will revert.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Multifiling Mitra Indonesia has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Multifiling Mitra time series from 30th of October 2023 to 12th of May 2024 and 12th of May 2024 to 23rd 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 Multifiling Mitra price movement. The serial correlation of -0.78 indicates that around 78.0% of current Multifiling Mitra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 28.9 K |
Multifiling Mitra lagged returns against current returns
Autocorrelation, which is Multifiling Mitra 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 Multifiling Mitra's stock expected returns. We can calculate the autocorrelation of Multifiling Mitra returns to help us make a trade decision. For example, suppose you find that Multifiling Mitra 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 |
Multifiling Mitra 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 Multifiling Mitra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multifiling Mitra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multifiling Mitra stock over time.
Current vs Lagged Prices |
| Timeline |
Multifiling Mitra Lagged Returns
When evaluating Multifiling Mitra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multifiling Mitra stock have on its future price. Multifiling Mitra 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, Multifiling Mitra autocorrelation shows the relationship between Multifiling Mitra stock current value and its past values and can show if there is a momentum factor associated with investing in Multifiling Mitra Indonesia.
Regressed Prices |
| Timeline |
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Multifiling Mitra financial ratios help investors to determine whether Multifiling 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 Multifiling with respect to the benefits of owning Multifiling Mitra security.