MD Pictures (Indonesia) Market Value
| FILM Stock | 3,290 120.00 3.52% |
| Symbol | FILM |
MD Pictures '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 MD Pictures' 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 MD Pictures.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in MD Pictures on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding MD Pictures Tbk or generate 0.0% return on investment in MD Pictures over 30 days. MD Pictures is related to or competes with MNC Studios, Elang Mahkota, Medikaloka Hermina, Surya Esa, and Garudafood Putra. More
MD Pictures 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 MD Pictures' 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 MD Pictures Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 21.96 | |||
| Value At Risk | (5.84) | |||
| Potential Upside | 6.11 |
MD Pictures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MD Pictures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MD Pictures' standard deviation. In reality, there are many statistical measures that can use MD Pictures historical prices to predict the future MD Pictures' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.72) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | (0.28) |
MD Pictures Tbk Backtested Returns
MD Pictures Tbk retains Efficiency (Sharpe Ratio) of -0.14, which conveys that the firm had a -0.14% return per unit of price deviation over the last 3 months. MD Pictures exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MD Pictures' Information Ratio of (0.18), market risk adjusted performance of (0.27), and Mean Deviation of 2.48 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 1.82, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MD Pictures will likely underperform. At this point, MD Pictures Tbk has a negative expected return of -0.52%. Please make sure to verify MD Pictures' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if MD Pictures Tbk performance from the past will be repeated sooner or later.
Auto-correlation | 0.63 |
Good predictability
MD Pictures Tbk has good predictability. Overlapping area represents the amount of predictability between MD Pictures time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 MD Pictures Tbk price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current MD Pictures price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 23.9 K |
MD Pictures Tbk lagged returns against current returns
Autocorrelation, which is MD Pictures 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 MD Pictures' stock expected returns. We can calculate the autocorrelation of MD Pictures returns to help us make a trade decision. For example, suppose you find that MD Pictures 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 |
MD Pictures 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 MD Pictures stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MD Pictures stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MD Pictures stock over time.
Current vs Lagged Prices |
| Timeline |
MD Pictures Lagged Returns
When evaluating MD Pictures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MD Pictures stock have on its future price. MD Pictures 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, MD Pictures autocorrelation shows the relationship between MD Pictures stock current value and its past values and can show if there is a momentum factor associated with investing in MD Pictures Tbk.
Regressed Prices |
| Timeline |
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MD Pictures financial ratios help investors to determine whether FILM 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 FILM with respect to the benefits of owning MD Pictures security.