M Cash (Indonesia) Market Value
| MCAS Stock | IDR 1,125 65.00 5.46% |
| Symbol | MCAS |
M Cash '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 M Cash'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 M Cash.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in M Cash on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding M Cash Integrasi or generate 0.0% return on investment in M Cash over 30 days. M Cash is related to or competes with Multipolar Tbk, Astra Graphia, Ramayana Lestari, and Lautan Luas. More
M Cash 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 M Cash'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 M Cash Integrasi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 17.26 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 5.44 |
M Cash Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for M Cash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as M Cash's standard deviation. In reality, there are many statistical measures that can use M Cash historical prices to predict the future M Cash's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 1.17 |
M Cash Integrasi Backtested Returns
M Cash Integrasi retains Efficiency (Sharpe Ratio) of -0.0925, which conveys that the company had a -0.0925% return per unit of risk over the last 3 months. M Cash exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify M Cash's Coefficient Of Variation of (1,010), mean deviation of 1.93, and Market Risk Adjusted Performance of 1.18 to check out the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning M Cash are expected to decrease at a much lower rate. During the bear market, M Cash is likely to outperform the market. At this point, M Cash Integrasi has a negative expected return of -0.26%. Please make sure to verify M Cash's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if M Cash Integrasi performance from the past will be repeated sooner or later.
Auto-correlation | -0.12 |
Insignificant reverse predictability
M Cash Integrasi has insignificant reverse predictability. Overlapping area represents the amount of predictability between M Cash time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 M Cash Integrasi price movement. The serial correlation of -0.12 indicates that less than 12.0% of current M Cash price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 2420.25 |
M Cash Integrasi lagged returns against current returns
Autocorrelation, which is M Cash 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 M Cash's stock expected returns. We can calculate the autocorrelation of M Cash returns to help us make a trade decision. For example, suppose you find that M Cash 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 |
M Cash 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 M Cash stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if M Cash stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in M Cash stock over time.
Current vs Lagged Prices |
| Timeline |
M Cash Lagged Returns
When evaluating M Cash's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of M Cash stock have on its future price. M Cash 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, M Cash autocorrelation shows the relationship between M Cash stock current value and its past values and can show if there is a momentum factor associated with investing in M Cash Integrasi.
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 MCAS Stock
M Cash financial ratios help investors to determine whether MCAS 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 MCAS with respect to the benefits of owning M Cash security.