Mnc Sky (Indonesia) Market Value
| MSKY Stock | IDR 73.00 1.00 1.39% |
| Symbol | Mnc |
Mnc Sky '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 Mnc Sky'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 Mnc Sky.
| 12/10/2023 |
| 12/04/2024 |
If you would invest 0.00 in Mnc Sky on December 10, 2023 and sell it all today you would earn a total of 0.00 from holding Mnc Sky Vision or generate 0.0% return on investment in Mnc Sky over 360 days. Mnc Sky is related to or competes with Hero Supermarket, Kedawung Setia, Weha Transportasi, Steel Pipe, Prima Alloy, and Communication Cable. PT MNC Sky Vision Tbk, together with its subsidiaries, provides satellite based pay television services in Indonesia More
Mnc Sky 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 Mnc Sky'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 Mnc Sky Vision upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 24.81 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 11.27 |
Mnc Sky Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mnc Sky's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mnc Sky's standard deviation. In reality, there are many statistical measures that can use Mnc Sky historical prices to predict the future Mnc Sky's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (1.14) | |||
| Treynor Ratio | 0.9472 |
Mnc Sky Vision Backtested Returns
Mnc Sky Vision has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Mnc Sky exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mnc Sky's Risk Adjusted Performance of (0.08), mean deviation of 2.92, and Standard Deviation of 4.47 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.57, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mnc Sky are expected to decrease at a much lower rate. During the bear market, Mnc Sky is likely to outperform the market. At this point, Mnc Sky Vision has a negative expected return of -0.57%. Please make sure to verify Mnc Sky's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Mnc Sky Vision performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Mnc Sky Vision has modest reverse predictability. Overlapping area represents the amount of predictability between Mnc Sky time series from 10th of December 2023 to 7th of June 2024 and 7th of June 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 Mnc Sky Vision price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Mnc Sky price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 408.13 |
Mnc Sky Vision lagged returns against current returns
Autocorrelation, which is Mnc Sky 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 Mnc Sky's stock expected returns. We can calculate the autocorrelation of Mnc Sky returns to help us make a trade decision. For example, suppose you find that Mnc Sky 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 |
Mnc Sky 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 Mnc Sky stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mnc Sky stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mnc Sky stock over time.
Current vs Lagged Prices |
| Timeline |
Mnc Sky Lagged Returns
When evaluating Mnc Sky's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mnc Sky stock have on its future price. Mnc Sky 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, Mnc Sky autocorrelation shows the relationship between Mnc Sky stock current value and its past values and can show if there is a momentum factor associated with investing in Mnc Sky Vision.
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 Mnc Stock
Mnc Sky financial ratios help investors to determine whether Mnc 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 Mnc with respect to the benefits of owning Mnc Sky security.