Multi Prima (Indonesia) Market Value
| LPIN Stock | IDR 394.00 6.00 1.50% |
| Symbol | Multi |
Multi 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 Multi 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 Multi Prima.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Multi Prima on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Multi Prima Sejahtera or generate 0.0% return on investment in Multi Prima over 540 days. Multi Prima is related to or competes with Indospring Tbk, Prima Alloy, Kabelindo Murni, Multistrada Arah, and Lionmesh Prima. PT Multi Prima Sejahtera Tbk manufactures and sells spark plugs in Indonesia More
Multi 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 Multi 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 Multi Prima Sejahtera upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.0231 | |||
| Maximum Drawdown | 9.91 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.75 |
Multi Prima Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multi Prima's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multi Prima's standard deviation. In reality, there are many statistical measures that can use Multi Prima historical prices to predict the future Multi Prima's volatility.| Risk Adjusted Performance | 0.0873 | |||
| Jensen Alpha | 0.1972 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0245 | |||
| Treynor Ratio | (0.66) |
Multi Prima Sejahtera Backtested Returns
As of now, Multi Stock is very steady. Multi Prima Sejahtera has Sharpe Ratio of 0.0993, which conveys that the firm had a 0.0993% return per unit of risk over the last 3 months. We have found thirty technical indicators for Multi Prima, which you can use to evaluate the volatility of the firm. Please verify Multi Prima's Risk Adjusted Performance of 0.0873, mean deviation of 1.16, and Downside Deviation of 1.54 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Multi Prima has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Multi Prima are expected to decrease at a much lower rate. During the bear market, Multi Prima is likely to outperform the market. Multi Prima Sejahtera right now secures a risk of 1.67%. Please verify Multi Prima Sejahtera total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Multi Prima Sejahtera will be following its current price movements.
Auto-correlation | -0.85 |
Excellent reverse predictability
Multi Prima Sejahtera has excellent reverse predictability. Overlapping area represents the amount of predictability between Multi Prima time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th 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 Multi Prima Sejahtera price movement. The serial correlation of -0.85 indicates that around 85.0% of current Multi Prima price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.85 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 1594.42 |
Multi Prima Sejahtera lagged returns against current returns
Autocorrelation, which is Multi 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 Multi Prima's stock expected returns. We can calculate the autocorrelation of Multi Prima returns to help us make a trade decision. For example, suppose you find that Multi 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 |
Multi 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 Multi Prima stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multi Prima stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multi Prima stock over time.
Current vs Lagged Prices |
| Timeline |
Multi Prima Lagged Returns
When evaluating Multi Prima's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multi Prima stock have on its future price. Multi 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, Multi Prima autocorrelation shows the relationship between Multi Prima stock current value and its past values and can show if there is a momentum factor associated with investing in Multi Prima Sejahtera.
Regressed Prices |
| Timeline |
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Multi Prima financial ratios help investors to determine whether Multi 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 Multi with respect to the benefits of owning Multi Prima security.