Mnc Kapital (Indonesia) Market Value
| BCAP Stock | IDR 58.00 1.00 1.69% |
| Symbol | Mnc |
Mnc Kapital '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 Mnc Kapital'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 Mnc Kapital.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Mnc Kapital on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Mnc Kapital Indonesia or generate 0.0% return on investment in Mnc Kapital over 30 days. Mnc Kapital is related to or competes with Paninvest Tbk, Mitra Pinasthika, Jakarta Int, Asuransi Harta, Indosterling Technomedia, Indosat Tbk, and PT Kusuma. More
Mnc Kapital 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 Mnc Kapital'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 Mnc Kapital Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 24.59 | |||
| Value At Risk | (9.59) | |||
| Potential Upside | 6.25 |
Mnc Kapital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mnc Kapital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mnc Kapital's standard deviation. In reality, there are many statistical measures that can use Mnc Kapital historical prices to predict the future Mnc Kapital's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (1.11) | |||
| Total Risk Alpha | (1.81) | |||
| Treynor Ratio | 25.78 |
Mnc Kapital Indonesia Backtested Returns
Mnc Kapital Indonesia has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Mnc Kapital exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mnc Kapital's Risk Adjusted Performance of (0.16), mean deviation of 3.61, and Standard Deviation of 5.14 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0433, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mnc Kapital are expected to decrease at a much lower rate. During the bear market, Mnc Kapital is likely to outperform the market. At this point, Mnc Kapital Indonesia has a negative expected return of -0.43%. Please make sure to verify Mnc Kapital'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 Mnc Kapital Indonesia performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Mnc Kapital Indonesia has good predictability. Overlapping area represents the amount of predictability between Mnc Kapital time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Mnc Kapital Indonesia price movement. The serial correlation of 0.67 indicates that around 67.0% of current Mnc Kapital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 2.21 |
Mnc Kapital Indonesia lagged returns against current returns
Autocorrelation, which is Mnc Kapital 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 Mnc Kapital's stock expected returns. We can calculate the autocorrelation of Mnc Kapital returns to help us make a trade decision. For example, suppose you find that Mnc Kapital 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 |
Mnc Kapital 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 Mnc Kapital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mnc Kapital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mnc Kapital stock over time.
Current vs Lagged Prices |
| Timeline |
Mnc Kapital Lagged Returns
When evaluating Mnc Kapital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mnc Kapital stock have on its future price. Mnc Kapital 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, Mnc Kapital autocorrelation shows the relationship between Mnc Kapital stock current value and its past values and can show if there is a momentum factor associated with investing in Mnc Kapital Indonesia.
Regressed Prices |
| Timeline |
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Mnc Kapital financial ratios help investors to determine whether Mnc 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 Mnc with respect to the benefits of owning Mnc Kapital security.