Mnc Kapital (Indonesia) Market Value
| BCAP Stock | IDR 50.00 0.00 0.00% |
| Symbol | Mnc |
Mnc Kapital '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 Mnc Kapital'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 Mnc Kapital.
| 04/04/2024 |
| 05/04/2024 |
If you would invest 0.00 in Mnc Kapital on April 4, 2024 and sell it all today you would earn a total of 0.00 from holding Mnc Kapital Indonesia or generate 0.0% return on investment in Mnc Kapital over 30 days. Mnc Kapital is related to or competes with Indosat Tbk, Astra Agro, and Indocement Tunggal. More
Mnc Kapital 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 Mnc Kapital'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 Mnc Kapital Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 3.96 |
Mnc Kapital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mnc Kapital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mnc Kapital's standard deviation. In reality, there are many statistical measures that can use Mnc Kapital historical prices to predict the future Mnc Kapital's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mnc Kapital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mnc Kapital Indonesia Backtested Returns
We have found sixteen technical indicators for Mnc Kapital, which you can use to evaluate the volatility of the firm. Please verify Mnc Kapital's Mean Deviation of 0.0606, risk adjusted performance of (0.01), and Standard Deviation of 0.3474 to check out if the risk estimate we provide is consistent with the expected return of 0.0%. The company secures a Beta (Market Risk) of 0.0992, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mnc Kapital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mnc Kapital is expected to be smaller as well. Mnc Kapital Indonesia right now secures a risk of 0.0%. Please verify Mnc Kapital Indonesia market risk adjusted performance, coefficient of variation, variance, as well as the relationship between the mean deviation and standard deviation , to decide if Mnc Kapital Indonesia will be following its current price movements.
Auto-correlation | 0.00 |
No correlation between past and present
Mnc Kapital Indonesia has no correlation between past and present. Overlapping area represents the amount of predictability between Mnc Kapital time series from 4th of April 2024 to 19th of April 2024 and 19th of April 2024 to 4th of May 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 Mnc Kapital Indonesia price movement. The serial correlation of 0.0 indicates that just 0.0% of current Mnc Kapital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mnc Kapital Indonesia lagged returns against current returns
Autocorrelation, which is Mnc Kapital 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 Mnc Kapital's stock expected returns. We can calculate the autocorrelation of Mnc Kapital returns to help us make a trade decision. For example, suppose you find that Mnc Kapital 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 |
Mnc Kapital 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 Mnc Kapital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mnc Kapital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mnc Kapital stock over time.
Current vs Lagged Prices |
| Timeline |
Mnc Kapital Lagged Returns
When evaluating Mnc Kapital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mnc Kapital stock have on its future price. Mnc Kapital 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, Mnc Kapital autocorrelation shows the relationship between Mnc Kapital stock current value and its past values and can show if there is a momentum factor associated with investing in Mnc Kapital Indonesia.
Regressed Prices |
| Timeline |
Pair Trading with Mnc Kapital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mnc Kapital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mnc Kapital will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Mnc Kapital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mnc Kapital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mnc Kapital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mnc Kapital Indonesia to buy it.
The correlation of Mnc Kapital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mnc Kapital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mnc Kapital Indonesia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mnc Kapital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Mnc Kapital Correlation, Mnc Kapital Volatility and Mnc Kapital Alpha and Beta module to complement your research on Mnc Kapital. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Mnc Stock analysis
When running Mnc Kapital's price analysis, check to measure Mnc Kapital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mnc Kapital is operating at the current time. Most of Mnc Kapital's value examination focuses on studying past and present price action to predict the probability of Mnc Kapital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mnc Kapital's price. Additionally, you may evaluate how the addition of Mnc Kapital to your portfolios can decrease your overall portfolio volatility.
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Mnc Kapital technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.