Metrodata Electronics (Indonesia) Market Value
| MTDL Stock | IDR 630.00 5.00 0.79% |
| Symbol | Metrodata |
Metrodata Electronics '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 Metrodata Electronics' 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 Metrodata Electronics.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Metrodata Electronics on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Metrodata Electronics Tbk or generate 0.0% return on investment in Metrodata Electronics over 180 days. Metrodata Electronics is related to or competes with Multipolar Tbk, Astra Graphia, Matahari Putra, Ramayana Lestari, and Lautan Luas. PT Metrodata Electronics Tbk, together with its subsidiaries, engages in the information communication and technology bu... More
Metrodata Electronics 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 Metrodata Electronics' 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 Metrodata Electronics Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.63 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 1.67 |
Metrodata Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metrodata Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metrodata Electronics' standard deviation. In reality, there are many statistical measures that can use Metrodata Electronics historical prices to predict the future Metrodata Electronics' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.13) |
Metrodata Electronics Tbk Backtested Returns
Metrodata Electronics Tbk has Sharpe Ratio of -0.0029, which conveys that the firm had a -0.0029% return per unit of risk over the last 3 months. Metrodata Electronics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metrodata Electronics' Risk Adjusted Performance of (0.02), mean deviation of 1.09, and Standard Deviation of 1.33 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Metrodata Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Metrodata Electronics is expected to be smaller as well. At this point, Metrodata Electronics Tbk has a negative expected return of -0.0039%. Please make sure to verify Metrodata Electronics' maximum drawdown, skewness, daily balance of power, as well as the relationship between the potential upside and kurtosis , to decide if Metrodata Electronics Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Metrodata Electronics Tbk has below average predictability. Overlapping area represents the amount of predictability between Metrodata Electronics time series from 27th of May 2024 to 25th of August 2024 and 25th of August 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 Metrodata Electronics Tbk price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Metrodata Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 110.0 |
Metrodata Electronics Tbk lagged returns against current returns
Autocorrelation, which is Metrodata Electronics 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 Metrodata Electronics' stock expected returns. We can calculate the autocorrelation of Metrodata Electronics returns to help us make a trade decision. For example, suppose you find that Metrodata Electronics 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 |
Metrodata Electronics 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 Metrodata Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metrodata Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metrodata Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
Metrodata Electronics Lagged Returns
When evaluating Metrodata Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metrodata Electronics stock have on its future price. Metrodata Electronics 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, Metrodata Electronics autocorrelation shows the relationship between Metrodata Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in Metrodata Electronics Tbk.
Regressed Prices |
| Timeline |
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Metrodata Electronics financial ratios help investors to determine whether Metrodata 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 Metrodata with respect to the benefits of owning Metrodata Electronics security.