Metropolitan Kentjana (Indonesia) Market Value
| MKPI Stock | IDR 24,875 50.00 0.20% |
| Symbol | Metropolitan |
Metropolitan Kentjana '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 Metropolitan Kentjana'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 Metropolitan Kentjana.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Metropolitan Kentjana on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Metropolitan Kentjana Tbk or generate 0.0% return on investment in Metropolitan Kentjana over 570 days. Metropolitan Kentjana is related to or competes with Jaya Real, Metropolitan Land, Duta Pertiwi, Indonesia Prima, and Mnc Land. PT Metropolitan Kentjana Tbk develops and manages lands and buildings in Indonesia More
Metropolitan Kentjana 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 Metropolitan Kentjana'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 Metropolitan Kentjana Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 5.41 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 0.947 |
Metropolitan Kentjana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metropolitan Kentjana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metropolitan Kentjana's standard deviation. In reality, there are many statistical measures that can use Metropolitan Kentjana historical prices to predict the future Metropolitan Kentjana's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.61) |
Metropolitan Kentjana Tbk Backtested Returns
Metropolitan Kentjana Tbk has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Metropolitan Kentjana exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metropolitan Kentjana's Standard Deviation of 0.8157, mean deviation of 0.4837, and Risk Adjusted Performance of (0.11) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Metropolitan Kentjana's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metropolitan Kentjana is expected to be smaller as well. At this point, Metropolitan Kentjana Tbk has a negative expected return of -0.12%. Please make sure to verify Metropolitan Kentjana's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Metropolitan Kentjana Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Metropolitan Kentjana Tbk has insignificant predictability. Overlapping area represents the amount of predictability between Metropolitan Kentjana time series from 7th of May 2023 to 16th of February 2024 and 16th of February 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 Metropolitan Kentjana Tbk price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Metropolitan Kentjana price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 223.6 K |
Metropolitan Kentjana Tbk lagged returns against current returns
Autocorrelation, which is Metropolitan Kentjana 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 Metropolitan Kentjana's stock expected returns. We can calculate the autocorrelation of Metropolitan Kentjana returns to help us make a trade decision. For example, suppose you find that Metropolitan Kentjana 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 |
Metropolitan Kentjana 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 Metropolitan Kentjana stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metropolitan Kentjana stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metropolitan Kentjana stock over time.
Current vs Lagged Prices |
| Timeline |
Metropolitan Kentjana Lagged Returns
When evaluating Metropolitan Kentjana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metropolitan Kentjana stock have on its future price. Metropolitan Kentjana 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, Metropolitan Kentjana autocorrelation shows the relationship between Metropolitan Kentjana stock current value and its past values and can show if there is a momentum factor associated with investing in Metropolitan Kentjana Tbk.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Metropolitan Stock
Metropolitan Kentjana financial ratios help investors to determine whether Metropolitan 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 Metropolitan with respect to the benefits of owning Metropolitan Kentjana security.