Mustika Ratu (Indonesia) Market Value
| MRAT Stock | IDR 320.00 6.00 1.84% |
| Symbol | Mustika |
Mustika Ratu '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 Mustika Ratu'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 Mustika Ratu.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Mustika Ratu on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Mustika Ratu Tbk or generate 0.0% return on investment in Mustika Ratu over 690 days. Mustika Ratu is related to or competes with Pyridam Farma, Mandom Indonesia, Langgeng Makmur, Merck Tbk, and Lautan Luas. More
Mustika Ratu 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 Mustika Ratu'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 Mustika Ratu Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 8.74 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 2.07 |
Mustika Ratu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mustika Ratu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mustika Ratu's standard deviation. In reality, there are many statistical measures that can use Mustika Ratu historical prices to predict the future Mustika Ratu's volatility.| Risk Adjusted Performance | (0.25) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | 6.93 |
Mustika Ratu Tbk Backtested Returns
Mustika Ratu Tbk has Sharpe Ratio of -0.28, which conveys that the firm had a -0.28% return per unit of risk over the last 3 months. Mustika Ratu exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mustika Ratu's Standard Deviation of 1.77, risk adjusted performance of (0.25), and Mean Deviation of 1.35 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0853, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mustika Ratu are expected to decrease at a much lower rate. During the bear market, Mustika Ratu is likely to outperform the market. At this point, Mustika Ratu Tbk has a negative expected return of -0.49%. Please make sure to verify Mustika Ratu's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Mustika Ratu Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.49 |
Modest reverse predictability
Mustika Ratu Tbk has modest reverse predictability. Overlapping area represents the amount of predictability between Mustika Ratu time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Mustika Ratu Tbk price movement. The serial correlation of -0.49 indicates that about 49.0% of current Mustika Ratu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 4559.9 |
Mustika Ratu Tbk lagged returns against current returns
Autocorrelation, which is Mustika Ratu 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 Mustika Ratu's stock expected returns. We can calculate the autocorrelation of Mustika Ratu returns to help us make a trade decision. For example, suppose you find that Mustika Ratu 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 |
Mustika Ratu 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 Mustika Ratu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mustika Ratu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mustika Ratu stock over time.
Current vs Lagged Prices |
| Timeline |
Mustika Ratu Lagged Returns
When evaluating Mustika Ratu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mustika Ratu stock have on its future price. Mustika Ratu 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, Mustika Ratu autocorrelation shows the relationship between Mustika Ratu stock current value and its past values and can show if there is a momentum factor associated with investing in Mustika Ratu Tbk.
Regressed Prices |
| Timeline |
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Mustika Ratu financial ratios help investors to determine whether Mustika 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 Mustika with respect to the benefits of owning Mustika Ratu security.