Bank Mnc (Indonesia) Market Value
| BABP Stock | IDR 57.00 1.00 1.72% |
| Symbol | Bank |
Bank Mnc '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 Bank Mnc'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 Bank Mnc.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Bank Mnc on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Bank Mnc Internasional or generate 0.0% return on investment in Bank Mnc over 720 days. Bank Mnc is related to or competes with Bank Capital, Bank Pembangunan, Bank Victoria, Bank Qnb, and Bank Bumi. PT Bank MNC Internasional Tbk provides various banking products and services in Indonesia More
Bank Mnc 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 Bank Mnc'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 Bank Mnc Internasional upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 18.39 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 4.76 |
Bank Mnc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Mnc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Mnc's standard deviation. In reality, there are many statistical measures that can use Bank Mnc historical prices to predict the future Bank Mnc's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (2.10) |
Bank Mnc Internasional Backtested Returns
Bank Mnc Internasional secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Bank Mnc Internasional exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Mnc's Risk Adjusted Performance of (0.07), mean deviation of 2.35, and Standard Deviation of 3.21 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank Mnc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Mnc is expected to be smaller as well. At this point, Bank Mnc Internasional has a negative expected return of -0.44%. Please make sure to confirm Bank Mnc's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Bank Mnc Internasional performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Bank Mnc Internasional has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bank Mnc time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Bank Mnc Internasional price movement. The serial correlation of -0.19 indicates that over 19.0% of current Bank Mnc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 79.57 |
Bank Mnc Internasional lagged returns against current returns
Autocorrelation, which is Bank Mnc 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 Bank Mnc's stock expected returns. We can calculate the autocorrelation of Bank Mnc returns to help us make a trade decision. For example, suppose you find that Bank Mnc 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 |
Bank Mnc 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 Bank Mnc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Mnc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Mnc stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Mnc Lagged Returns
When evaluating Bank Mnc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Mnc stock have on its future price. Bank Mnc 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, Bank Mnc autocorrelation shows the relationship between Bank Mnc stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Mnc Internasional.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Bank Stock
Bank Mnc financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank Mnc security.