Media Prima (Malaysia) Market Value
| 4502 Stock | 0.38 0.01 2.70% |
| Symbol | Media |
Media Prima '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 Media Prima'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 Media Prima.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Media Prima on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Media Prima Bhd or generate 0.0% return on investment in Media Prima over 90 days. Media Prima is related to or competes with Press Metal, Malaysia Steel, Diversified Gateway, Nova Wellness, Star Media, Kawan Food, and CSC Steel. More
Media Prima 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 Media Prima'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 Media Prima Bhd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 17.65 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 2.17 |
Media Prima Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Media Prima's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Media Prima's standard deviation. In reality, there are many statistical measures that can use Media Prima historical prices to predict the future Media Prima's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (1.08) |
Media Prima Bhd Backtested Returns
Media Prima Bhd has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11 % return per unit of risk over the last 3 months. Media Prima exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Media Prima's Mean Deviation of 1.54, standard deviation of 2.75, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Media Prima's returns are expected to increase less than the market. However, during the bear market, the loss of holding Media Prima is expected to be smaller as well. At this point, Media Prima Bhd has a negative expected return of -0.32%. Please make sure to verify Media Prima's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Media Prima Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Media Prima Bhd has poor reverse predictability. Overlapping area represents the amount of predictability between Media Prima time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Media Prima Bhd price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Media Prima price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Media Prima Bhd lagged returns against current returns
Autocorrelation, which is Media Prima 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 Media Prima's stock expected returns. We can calculate the autocorrelation of Media Prima returns to help us make a trade decision. For example, suppose you find that Media Prima 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 |
Media Prima 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 Media Prima stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Media Prima stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Media Prima stock over time.
Current vs Lagged Prices |
| Timeline |
Media Prima Lagged Returns
When evaluating Media Prima's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Media Prima stock have on its future price. Media Prima 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, Media Prima autocorrelation shows the relationship between Media Prima stock current value and its past values and can show if there is a momentum factor associated with investing in Media Prima Bhd.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Media Stock
Media Prima financial ratios help investors to determine whether Media 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 Media with respect to the benefits of owning Media Prima security.