Menthobi Karyatama (Indonesia) Market Value
| MKTR Stock | 121.00 1.00 0.82% |
| Symbol | Menthobi |
Menthobi Karyatama '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 Menthobi Karyatama'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 Menthobi Karyatama.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Menthobi Karyatama on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Menthobi Karyatama Raya or generate 0.0% return on investment in Menthobi Karyatama over 30 days. Menthobi Karyatama is related to or competes with FAP Agri, Sawit Sumbermas, Triputra Agro, Sumber Tani, Citra Borneo, Pt Pradiksi, and Provident Agro. More
Menthobi Karyatama 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 Menthobi Karyatama'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 Menthobi Karyatama Raya upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.64 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 1.69 |
Menthobi Karyatama Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Menthobi Karyatama's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Menthobi Karyatama's standard deviation. In reality, there are many statistical measures that can use Menthobi Karyatama historical prices to predict the future Menthobi Karyatama's volatility.| Risk Adjusted Performance | 0.0072 | |||
| Jensen Alpha | 0.0011 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0205 |
Menthobi Karyatama Raya Backtested Returns
Menthobi Karyatama Raya has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. Menthobi Karyatama exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Menthobi Karyatama's Risk Adjusted Performance of 0.0072, mean deviation of 0.7556, and Downside Deviation of 1.54 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Menthobi Karyatama are expected to decrease at a much lower rate. During the bear market, Menthobi Karyatama is likely to outperform the market. At this point, Menthobi Karyatama Raya has a negative expected return of -0.008%. Please make sure to verify Menthobi Karyatama's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Menthobi Karyatama Raya performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Menthobi Karyatama Raya has poor reverse predictability. Overlapping area represents the amount of predictability between Menthobi Karyatama time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 Menthobi Karyatama Raya price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Menthobi Karyatama price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.86 |
Menthobi Karyatama Raya lagged returns against current returns
Autocorrelation, which is Menthobi Karyatama 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 Menthobi Karyatama's stock expected returns. We can calculate the autocorrelation of Menthobi Karyatama returns to help us make a trade decision. For example, suppose you find that Menthobi Karyatama 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 |
Menthobi Karyatama 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 Menthobi Karyatama stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Menthobi Karyatama stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Menthobi Karyatama stock over time.
Current vs Lagged Prices |
| Timeline |
Menthobi Karyatama Lagged Returns
When evaluating Menthobi Karyatama's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Menthobi Karyatama stock have on its future price. Menthobi Karyatama 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, Menthobi Karyatama autocorrelation shows the relationship between Menthobi Karyatama stock current value and its past values and can show if there is a momentum factor associated with investing in Menthobi Karyatama Raya.
Regressed Prices |
| Timeline |
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Menthobi Karyatama financial ratios help investors to determine whether Menthobi 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 Menthobi with respect to the benefits of owning Menthobi Karyatama security.