Mandom Indonesia (Indonesia) Market Value
| TCID Stock | IDR 2,230 60.00 2.62% |
| Symbol | Mandom |
Mandom Indonesia '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 Mandom Indonesia'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 Mandom Indonesia.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Mandom Indonesia on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Mandom Indonesia Tbk or generate 0.0% return on investment in Mandom Indonesia over 180 days. Mandom Indonesia is related to or competes with Bank BRISyariah, Mitra Pinasthika, Jakarta Int, Indosterling Technomedia, Indosat Tbk, Bank Negara, and Capital Financial. More
Mandom Indonesia 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 Mandom Indonesia'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 Mandom Indonesia Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.42 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 3.03 |
Mandom Indonesia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mandom Indonesia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mandom Indonesia's standard deviation. In reality, there are many statistical measures that can use Mandom Indonesia historical prices to predict the future Mandom Indonesia's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (5.09) |
Mandom Indonesia Tbk Backtested Returns
Mandom Indonesia Tbk has Sharpe Ratio of -0.0944, which conveys that the firm had a -0.0944% return per unit of risk over the last 3 months. Mandom Indonesia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mandom Indonesia's Standard Deviation of 1.83, mean deviation of 1.42, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0339, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mandom Indonesia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mandom Indonesia is expected to be smaller as well. At this point, Mandom Indonesia Tbk has a negative expected return of -0.17%. Please make sure to verify Mandom Indonesia's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Mandom Indonesia Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Mandom Indonesia Tbk has below average predictability. Overlapping area represents the amount of predictability between Mandom Indonesia time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Mandom Indonesia Tbk price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Mandom Indonesia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 4834.47 |
Mandom Indonesia Tbk lagged returns against current returns
Autocorrelation, which is Mandom Indonesia 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 Mandom Indonesia's stock expected returns. We can calculate the autocorrelation of Mandom Indonesia returns to help us make a trade decision. For example, suppose you find that Mandom Indonesia 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 |
Mandom Indonesia 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 Mandom Indonesia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mandom Indonesia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mandom Indonesia stock over time.
Current vs Lagged Prices |
| Timeline |
Mandom Indonesia Lagged Returns
When evaluating Mandom Indonesia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mandom Indonesia stock have on its future price. Mandom Indonesia 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, Mandom Indonesia autocorrelation shows the relationship between Mandom Indonesia stock current value and its past values and can show if there is a momentum factor associated with investing in Mandom Indonesia Tbk.
Regressed Prices |
| Timeline |
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Mandom Indonesia financial ratios help investors to determine whether Mandom 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 Mandom with respect to the benefits of owning Mandom Indonesia security.