Maskapai Reasuransi (Indonesia) Market Value
| MREI Stock | IDR 975.00 10.00 1.02% |
| Symbol | Maskapai |
Maskapai Reasuransi '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 Maskapai Reasuransi'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 Maskapai Reasuransi.
| 09/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in Maskapai Reasuransi on September 5, 2024 and sell it all today you would earn a total of 0.00 from holding Maskapai Reasuransi Indonesia or generate 0.0% return on investment in Maskapai Reasuransi over 90 days. Maskapai Reasuransi is related to or competes with Lippo General, Paninvest Tbk, Mandala Multifinance, Bank Mayapada, and Panin Sekuritas. More
Maskapai Reasuransi 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 Maskapai Reasuransi'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 Maskapai Reasuransi Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 6.89 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 1.54 |
Maskapai Reasuransi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maskapai Reasuransi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maskapai Reasuransi's standard deviation. In reality, there are many statistical measures that can use Maskapai Reasuransi historical prices to predict the future Maskapai Reasuransi's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 6.99 |
Maskapai Reasuransi Backtested Returns
Maskapai Reasuransi has Sharpe Ratio of -0.2, which conveys that the firm had a -0.2% return per unit of risk over the last 3 months. Maskapai Reasuransi exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maskapai Reasuransi's Standard Deviation of 1.23, risk adjusted performance of (0.09), and Mean Deviation of 0.9411 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0235, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Maskapai Reasuransi are expected to decrease at a much lower rate. During the bear market, Maskapai Reasuransi is likely to outperform the market. At this point, Maskapai Reasuransi has a negative expected return of -0.22%. Please make sure to verify Maskapai Reasuransi's value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Maskapai Reasuransi performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Maskapai Reasuransi Indonesia has modest predictability. Overlapping area represents the amount of predictability between Maskapai Reasuransi time series from 5th of September 2024 to 20th of October 2024 and 20th of October 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 Maskapai Reasuransi price movement. The serial correlation of 0.51 indicates that about 51.0% of current Maskapai Reasuransi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 112.85 |
Maskapai Reasuransi lagged returns against current returns
Autocorrelation, which is Maskapai Reasuransi 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 Maskapai Reasuransi's stock expected returns. We can calculate the autocorrelation of Maskapai Reasuransi returns to help us make a trade decision. For example, suppose you find that Maskapai Reasuransi 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 |
Maskapai Reasuransi 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 Maskapai Reasuransi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maskapai Reasuransi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maskapai Reasuransi stock over time.
Current vs Lagged Prices |
| Timeline |
Maskapai Reasuransi Lagged Returns
When evaluating Maskapai Reasuransi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maskapai Reasuransi stock have on its future price. Maskapai Reasuransi 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, Maskapai Reasuransi autocorrelation shows the relationship between Maskapai Reasuransi stock current value and its past values and can show if there is a momentum factor associated with investing in Maskapai Reasuransi Indonesia.
Regressed Prices |
| Timeline |
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Maskapai Reasuransi financial ratios help investors to determine whether Maskapai 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 Maskapai with respect to the benefits of owning Maskapai Reasuransi security.