PT MNC (Indonesia) Market Value
| IATA Stock | IDR 50.00 1.00 2.04% |
| Symbol | IATA |
PT 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 PT 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 PT MNC.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in PT MNC on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding PT MNC Energy or generate 0.0% return on investment in PT MNC over 720 days. PT MNC is related to or competes with Petrosea Tbk, Soechi Lines, Wintermar Offshore, and Indika Energy. More
PT 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 PT 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 PT MNC Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.76 | |||
| Information Ratio | 0.0404 | |||
| Maximum Drawdown | 17.11 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 6.82 |
PT MNC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT MNC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT MNC's standard deviation. In reality, there are many statistical measures that can use PT MNC historical prices to predict the future PT MNC's volatility.| Risk Adjusted Performance | 0.0502 | |||
| Jensen Alpha | 0.1416 | |||
| Total Risk Alpha | 0.0241 | |||
| Sortino Ratio | 0.0379 | |||
| Treynor Ratio | 0.1734 |
PT MNC Energy Backtested Returns
PT MNC appears to be very steady, given 3 months investment horizon. PT MNC Energy retains Efficiency (Sharpe Ratio) of 0.0737, which implies the firm had a 0.0737% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for PT MNC, which you can use to evaluate the volatility of the company. Please evaluate PT MNC's standard deviation of 3.52, and Market Risk Adjusted Performance of 0.1834 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PT MNC holds a performance score of 5. The company owns a Beta (Systematic Risk) of 1.02, which implies a somewhat significant risk relative to the market. PT MNC returns are very sensitive to returns on the market. As the market goes up or down, PT MNC is expected to follow. Please check PT MNC's mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether PT MNC's current price history will revert.
Auto-correlation | 0.32 |
Below average predictability
PT MNC Energy has below average predictability. Overlapping area represents the amount of predictability between PT MNC time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 PT MNC Energy price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current PT MNC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 40.63 |
PT MNC Energy lagged returns against current returns
Autocorrelation, which is PT 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 PT MNC's stock expected returns. We can calculate the autocorrelation of PT MNC returns to help us make a trade decision. For example, suppose you find that PT 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 |
PT 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 PT MNC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT MNC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT MNC stock over time.
Current vs Lagged Prices |
| Timeline |
PT MNC Lagged Returns
When evaluating PT MNC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT MNC stock have on its future price. PT 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, PT MNC autocorrelation shows the relationship between PT MNC stock current value and its past values and can show if there is a momentum factor associated with investing in PT MNC Energy.
Regressed Prices |
| Timeline |
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PT MNC financial ratios help investors to determine whether IATA 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 IATA with respect to the benefits of owning PT MNC security.