Minna Padi (Indonesia) Market Value
| PADI Stock | IDR 10.00 0.00 0.00% |
| Symbol | Minna |
Minna Padi '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 Minna Padi'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 Minna Padi.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Minna Padi on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Minna Padi Investama or generate 0.0% return on investment in Minna Padi over 360 days. Minna Padi is related to or competes with Panca Global, Panin Sekuritas, Reliance Securities, Bank Nationalnobu, and Kresna Graha. More
Minna Padi 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 Minna Padi'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 Minna Padi Investama upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.51 | |||
| Information Ratio | 0.0344 | |||
| Maximum Drawdown | 23.61 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 11.11 |
Minna Padi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Minna Padi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Minna Padi's standard deviation. In reality, there are many statistical measures that can use Minna Padi historical prices to predict the future Minna Padi's volatility.| Risk Adjusted Performance | 0.0518 | |||
| Jensen Alpha | 0.4773 | |||
| Total Risk Alpha | (0.71) | |||
| Sortino Ratio | 0.0206 | |||
| Treynor Ratio | (0.33) |
Minna Padi Investama Backtested Returns
Minna Padi appears to be moderately volatile, given 3 months investment horizon. Minna Padi Investama has Sharpe Ratio of 0.0871, which conveys that the firm had a 0.0871% return per unit of risk over the last 3 months. By analyzing Minna Padi's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Minna Padi's Risk Adjusted Performance of 0.0518, mean deviation of 3.91, and Downside Deviation of 10.51 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Minna Padi holds a performance score of 6. The company secures a Beta (Market Risk) of -1.04, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Minna Padi are expected to decrease slowly. On the other hand, during market turmoil, Minna Padi is expected to outperform it slightly. Please check Minna Padi's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Minna Padi's current price movements will revert.
Auto-correlation | 0.24 |
Weak predictability
Minna Padi Investama has weak predictability. Overlapping area represents the amount of predictability between Minna Padi time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 Minna Padi Investama price movement. The serial correlation of 0.24 indicates that over 24.0% of current Minna Padi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 3.12 |
Minna Padi Investama lagged returns against current returns
Autocorrelation, which is Minna Padi 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 Minna Padi's stock expected returns. We can calculate the autocorrelation of Minna Padi returns to help us make a trade decision. For example, suppose you find that Minna Padi 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 |
Minna Padi 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 Minna Padi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Minna Padi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Minna Padi stock over time.
Current vs Lagged Prices |
| Timeline |
Minna Padi Lagged Returns
When evaluating Minna Padi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Minna Padi stock have on its future price. Minna Padi 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, Minna Padi autocorrelation shows the relationship between Minna Padi stock current value and its past values and can show if there is a momentum factor associated with investing in Minna Padi Investama.
Regressed Prices |
| Timeline |
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Minna Padi financial ratios help investors to determine whether Minna 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 Minna with respect to the benefits of owning Minna Padi security.