Multi Makmur (Indonesia) Market Value
| PIPA Stock | 16.00 1.00 6.67% |
| Symbol | Multi |
Multi Makmur '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 Makmur'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 Makmur.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Multi Makmur on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Multi Makmur Lemindo or generate 0.0% return on investment in Multi Makmur over 90 days.
Multi Makmur 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 Makmur'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 Makmur Lemindo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.39 | |||
| Information Ratio | 0.1524 | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 |
Multi Makmur Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multi Makmur's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multi Makmur's standard deviation. In reality, there are many statistical measures that can use Multi Makmur historical prices to predict the future Multi Makmur's volatility.| Risk Adjusted Performance | 0.1289 | |||
| Jensen Alpha | 0.8885 | |||
| Total Risk Alpha | 1.8 | |||
| Sortino Ratio | 0.1416 | |||
| Treynor Ratio | (2.09) |
Multi Makmur Lemindo Backtested Returns
Multi Makmur appears to be out of control, given 3 months investment horizon. Multi Makmur Lemindo has Sharpe Ratio of 0.0863, which conveys that the firm had a 0.0863 % return per unit of risk over the last 3 months. By analyzing Multi Makmur's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please exercise Multi Makmur's Downside Deviation of 7.39, risk adjusted performance of 0.1289, and Mean Deviation of 6.28 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Multi Makmur holds a performance score of 6. The company secures a Beta (Market Risk) of -0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Multi Makmur are expected to decrease at a much lower rate. During the bear market, Multi Makmur is likely to outperform the market. Please check Multi Makmur's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Multi Makmur's current price movements will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
Multi Makmur Lemindo has modest reverse predictability. Overlapping area represents the amount of predictability between Multi Makmur time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Multi Makmur Lemindo price movement. The serial correlation of -0.48 indicates that about 48.0% of current Multi Makmur price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 7.55 |
Multi Makmur Lemindo lagged returns against current returns
Autocorrelation, which is Multi Makmur 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 Makmur's stock expected returns. We can calculate the autocorrelation of Multi Makmur returns to help us make a trade decision. For example, suppose you find that Multi Makmur 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 Makmur 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 Makmur stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multi Makmur stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multi Makmur stock over time.
Current vs Lagged Prices |
| Timeline |
Multi Makmur Lagged Returns
When evaluating Multi Makmur's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multi Makmur stock have on its future price. Multi Makmur 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 Makmur autocorrelation shows the relationship between Multi Makmur stock current value and its past values and can show if there is a momentum factor associated with investing in Multi Makmur Lemindo.
Regressed Prices |
| Timeline |
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