Multi Spunindo (Indonesia) Performance
| MSJA Stock | 350.00 10.00 2.78% |
The company secures a Beta (Market Risk) of 0.0666, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Multi Spunindo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Multi Spunindo is expected to be smaller as well. At this point, Multi Spunindo Jaya has a negative expected return of -0.12%. Please make sure to verify Multi Spunindo's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Multi Spunindo Jaya performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Multi Spunindo Jaya has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Stock's forward-looking signals remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
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Multi Spunindo Relative Risk vs. Return Landscape
If you would invest 39,400 in Multi Spunindo Jaya on September 3, 2024 and sell it today you would lose (4,400) from holding Multi Spunindo Jaya or give up 11.17% of portfolio value over 90 days. Multi Spunindo Jaya is generating negative expected returns and assumes 3.7396% volatility on return distribution over the 90 days horizon. Simply put, 33% of stocks are less volatile than Multi, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Multi Spunindo Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multi Spunindo's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Multi Spunindo Jaya, and traders can use it to determine the average amount a Multi Spunindo's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0323
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| Negative Returns | MSJA |
Estimated Market Risk
| 3.74 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Multi Spunindo is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Multi Spunindo by adding Multi Spunindo to a well-diversified portfolio.
Things to note about Multi Spunindo Jaya performance evaluation
Checking the ongoing alerts about Multi Spunindo for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Multi Spunindo Jaya help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Multi Spunindo Jaya generated a negative expected return over the last 90 days | |
| Multi Spunindo Jaya has high historical volatility and very poor performance |
- Analyzing Multi Spunindo's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Multi Spunindo's stock is overvalued or undervalued compared to its peers.
- Examining Multi Spunindo's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Multi Spunindo's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Multi Spunindo's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Multi Spunindo's stock. These opinions can provide insight into Multi Spunindo's potential for growth and whether the stock is currently undervalued or overvalued.