Multipolar Technology (Indonesia) Market Value
| MLPT Stock | IDR 25,900 1,700 7.02% |
| Symbol | Multipolar |
Multipolar Technology '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 Multipolar Technology'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 Multipolar Technology.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Multipolar Technology on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Multipolar Technology Tbk or generate 0.0% return on investment in Multipolar Technology over 360 days. Multipolar Technology is related to or competes with Link Net, Metrodata Electronics, Mitra Pinasthika, Multipolar Tbk, and Elang Mahkota. More
Multipolar Technology 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 Multipolar Technology'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 Multipolar Technology Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.08 | |||
| Information Ratio | 0.4542 | |||
| Maximum Drawdown | 44.59 | |||
| Value At Risk | (10.17) | |||
| Potential Upside | 20.28 |
Multipolar Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multipolar Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multipolar Technology's standard deviation. In reality, there are many statistical measures that can use Multipolar Technology historical prices to predict the future Multipolar Technology's volatility.| Risk Adjusted Performance | 0.3639 | |||
| Jensen Alpha | 4.74 | |||
| Total Risk Alpha | 3.41 | |||
| Sortino Ratio | 0.4608 | |||
| Treynor Ratio | 73.41 |
Multipolar Technology Tbk Backtested Returns
Multipolar Technology is very steady given 3 months investment horizon. Multipolar Technology Tbk has Sharpe Ratio of 0.49, which conveys that the firm had a 0.49% return per unit of risk over the last 3 months. We were able to collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 5.02% are justified by taking the suggested risk. Use Multipolar Technology Tbk Risk Adjusted Performance of 0.3639, downside deviation of 10.08, and Mean Deviation of 8.1 to evaluate company specific risk that cannot be diversified away. Multipolar Technology holds a performance score of 38 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.0646, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Multipolar Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Multipolar Technology is expected to be smaller as well. Use Multipolar Technology Tbk standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to analyze future returns on Multipolar Technology Tbk.
Auto-correlation | -0.68 |
Very good reverse predictability
Multipolar Technology Tbk has very good reverse predictability. Overlapping area represents the amount of predictability between Multipolar Technology time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 Multipolar Technology Tbk price movement. The serial correlation of -0.68 indicates that around 68.0% of current Multipolar Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 14.9 M |
Multipolar Technology Tbk lagged returns against current returns
Autocorrelation, which is Multipolar Technology 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 Multipolar Technology's stock expected returns. We can calculate the autocorrelation of Multipolar Technology returns to help us make a trade decision. For example, suppose you find that Multipolar Technology 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 |
Multipolar Technology 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 Multipolar Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multipolar Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multipolar Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Multipolar Technology Lagged Returns
When evaluating Multipolar Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multipolar Technology stock have on its future price. Multipolar Technology 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, Multipolar Technology autocorrelation shows the relationship between Multipolar Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Multipolar Technology Tbk.
Regressed Prices |
| Timeline |
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Multipolar Technology financial ratios help investors to determine whether Multipolar 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 Multipolar with respect to the benefits of owning Multipolar Technology security.