Megapower Makmur (Indonesia) Market Value
| MPOW Stock | IDR 84.00 2.00 2.33% |
| Symbol | Megapower |
Megapower Makmur '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 Megapower Makmur'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 Megapower Makmur.
| 12/22/2022 |
| 12/11/2024 |
If you would invest 0.00 in Megapower Makmur on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding Megapower Makmur TBK or generate 0.0% return on investment in Megapower Makmur over 720 days. Megapower Makmur is related to or competes with Terregra Asia, Bali Towerindo, Sanurhasta Mitra, Kencana Energi, and Emdeki Utama. More
Megapower Makmur 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 Megapower Makmur'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 Megapower Makmur TBK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.43 | |||
| Information Ratio | 0.038 | |||
| Maximum Drawdown | 29.18 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 12.82 |
Megapower Makmur Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Megapower Makmur's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Megapower Makmur's standard deviation. In reality, there are many statistical measures that can use Megapower Makmur historical prices to predict the future Megapower Makmur's volatility.| Risk Adjusted Performance | 0.0515 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | 0.0503 | |||
| Treynor Ratio | 0.0864 |
Megapower Makmur TBK Backtested Returns
Megapower Makmur appears to be out of control, given 3 months investment horizon. Megapower Makmur TBK has Sharpe Ratio of 0.0725, which conveys that the firm had a 0.0725% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Megapower Makmur, which you can use to evaluate the volatility of the firm. Please exercise Megapower Makmur's Mean Deviation of 4.21, downside deviation of 4.43, and Risk Adjusted Performance of 0.0515 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Megapower Makmur holds a performance score of 5. The company secures a Beta (Market Risk) of 3.9, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Megapower Makmur will likely underperform. Please check Megapower Makmur's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Megapower Makmur's current price movements will revert.
Auto-correlation | -0.24 |
Weak reverse predictability
Megapower Makmur TBK has weak reverse predictability. Overlapping area represents the amount of predictability between Megapower Makmur time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th of December 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 Megapower Makmur TBK price movement. The serial correlation of -0.24 indicates that over 24.0% of current Megapower Makmur price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 210.01 |
Megapower Makmur TBK lagged returns against current returns
Autocorrelation, which is Megapower Makmur 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 Megapower Makmur's stock expected returns. We can calculate the autocorrelation of Megapower Makmur returns to help us make a trade decision. For example, suppose you find that Megapower Makmur 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 |
Megapower Makmur 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 Megapower Makmur stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Megapower Makmur stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Megapower Makmur stock over time.
Current vs Lagged Prices |
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Megapower Makmur Lagged Returns
When evaluating Megapower Makmur's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Megapower Makmur stock have on its future price. Megapower Makmur 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, Megapower Makmur autocorrelation shows the relationship between Megapower Makmur stock current value and its past values and can show if there is a momentum factor associated with investing in Megapower Makmur TBK.
Regressed Prices |
| Timeline |
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Megapower Makmur financial ratios help investors to determine whether Megapower 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 Megapower with respect to the benefits of owning Megapower Makmur security.