Multipolar Tbk (Indonesia) Market Value
| MLPL Stock | IDR 111.00 5.00 4.72% |
| Symbol | Multipolar |
Multipolar Tbk '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 Multipolar Tbk'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 Multipolar Tbk.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Multipolar Tbk on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Multipolar Tbk or generate 0.0% return on investment in Multipolar Tbk over 30 days. Multipolar Tbk is related to or competes with Matahari Putra, Mnc Investama, Kawasan Industri, Lippo Karawaci, and Metrodata Electronics. PT Multipolar Tbk, together with its subsidiaries, engages in telecommunication, information technology, and general tra... More
Multipolar Tbk 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 Multipolar Tbk'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 Multipolar Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.36 | |||
| Information Ratio | 0.0996 | |||
| Maximum Drawdown | 53.35 | |||
| Value At Risk | (12.80) | |||
| Potential Upside | 19.61 |
Multipolar Tbk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multipolar Tbk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multipolar Tbk's standard deviation. In reality, there are many statistical measures that can use Multipolar Tbk historical prices to predict the future Multipolar Tbk's volatility.| Risk Adjusted Performance | 0.0947 | |||
| Jensen Alpha | 1.15 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.1228 | |||
| Treynor Ratio | (0.72) |
Multipolar Tbk Backtested Returns
Multipolar Tbk is very steady given 3 months investment horizon. Multipolar Tbk has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We were able to collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Multipolar Tbk Downside Deviation of 7.36, mean deviation of 5.78, and Risk Adjusted Performance of 0.0947 to evaluate company specific risk that cannot be diversified away. Multipolar Tbk holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.39, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Multipolar Tbk are expected to decrease by larger amounts. On the other hand, during market turmoil, Multipolar Tbk is expected to outperform it. Use Multipolar Tbk total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to analyze future returns on Multipolar Tbk.
Auto-correlation | -0.45 |
Modest reverse predictability
Multipolar Tbk has modest reverse predictability. Overlapping area represents the amount of predictability between Multipolar Tbk time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Multipolar Tbk price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Multipolar Tbk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 142.15 |
Multipolar Tbk lagged returns against current returns
Autocorrelation, which is Multipolar Tbk 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 Multipolar Tbk's stock expected returns. We can calculate the autocorrelation of Multipolar Tbk returns to help us make a trade decision. For example, suppose you find that Multipolar Tbk 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 |
Multipolar Tbk 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 Multipolar Tbk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multipolar Tbk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multipolar Tbk stock over time.
Current vs Lagged Prices |
| Timeline |
Multipolar Tbk Lagged Returns
When evaluating Multipolar Tbk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multipolar Tbk stock have on its future price. Multipolar Tbk 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, Multipolar Tbk autocorrelation shows the relationship between Multipolar Tbk stock current value and its past values and can show if there is a momentum factor associated with investing in Multipolar Tbk.
Regressed Prices |
| Timeline |
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Multipolar Tbk financial ratios help investors to determine whether Multipolar 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 Multipolar with respect to the benefits of owning Multipolar Tbk security.