Mayora Indah (Indonesia) Market Value
| MYOR Stock | IDR 2,740 10.00 0.37% |
| Symbol | Mayora |
Mayora Indah '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 Mayora Indah'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 Mayora Indah.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Mayora Indah on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Mayora Indah Tbk or generate 0.0% return on investment in Mayora Indah over 30 days. Mayora Indah is related to or competes with Indofood Cbp, Kalbe Farma, Unilever Indonesia, Ultra Jaya, and Charoen Pokphand. More
Mayora Indah 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 Mayora Indah'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 Mayora Indah Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.98 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 4.18 |
Mayora Indah Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mayora Indah's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mayora Indah's standard deviation. In reality, there are many statistical measures that can use Mayora Indah historical prices to predict the future Mayora Indah's volatility.| Risk Adjusted Performance | 0.0333 | |||
| Jensen Alpha | 0.0437 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.4684 |
Mayora Indah Tbk Backtested Returns
As of now, Mayora Stock is very steady. Mayora Indah Tbk has Sharpe Ratio of 0.0243, which conveys that the firm had a 0.0243% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mayora Indah, which you can use to evaluate the volatility of the firm. Please verify Mayora Indah's Mean Deviation of 1.44, downside deviation of 1.82, and Risk Adjusted Performance of 0.0333 to check out if the risk estimate we provide is consistent with the expected return of 0.0474%. Mayora Indah has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mayora Indah's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mayora Indah is expected to be smaller as well. Mayora Indah Tbk right now secures a risk of 1.95%. Please verify Mayora Indah Tbk maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to decide if Mayora Indah Tbk will be following its current price movements.
Auto-correlation | 0.26 |
Poor predictability
Mayora Indah Tbk has poor predictability. Overlapping area represents the amount of predictability between Mayora Indah time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Mayora Indah Tbk price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Mayora Indah price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 5233.33 |
Mayora Indah Tbk lagged returns against current returns
Autocorrelation, which is Mayora Indah 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 Mayora Indah's stock expected returns. We can calculate the autocorrelation of Mayora Indah returns to help us make a trade decision. For example, suppose you find that Mayora Indah 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 |
Mayora Indah 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 Mayora Indah stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mayora Indah stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mayora Indah stock over time.
Current vs Lagged Prices |
| Timeline |
Mayora Indah Lagged Returns
When evaluating Mayora Indah's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mayora Indah stock have on its future price. Mayora Indah 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, Mayora Indah autocorrelation shows the relationship between Mayora Indah stock current value and its past values and can show if there is a momentum factor associated with investing in Mayora Indah Tbk.
Regressed Prices |
| Timeline |
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Mayora Indah financial ratios help investors to determine whether Mayora 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 Mayora with respect to the benefits of owning Mayora Indah security.