Panca Mitra (Indonesia) Market Value
| PMMP Stock | IDR 100.00 2.00 2.04% |
| Symbol | Panca |
Panca Mitra '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 Panca Mitra'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 Panca Mitra.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Panca Mitra on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Panca Mitra Multiperdana or generate 0.0% return on investment in Panca Mitra over 30 days. Panca Mitra is related to or competes with Sentra Food, Garudafood Putra, Wijaya Karya, Mitrabara Adiperdana, Bank Ina, Mitrabahtera Segara, and Putra Mandiri. PT Panca Mitra Multiperdana Tbk produces, processes, and sells frozen shrimps More
Panca Mitra 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 Panca Mitra'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 Panca Mitra Multiperdana upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 35.14 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 7.89 |
Panca Mitra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panca Mitra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panca Mitra's standard deviation. In reality, there are many statistical measures that can use Panca Mitra historical prices to predict the future Panca Mitra's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.80) | |||
| Total Risk Alpha | (1.50) | |||
| Treynor Ratio | 1.35 |
Panca Mitra Multiperdana Backtested Returns
Panca Mitra Multiperdana maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. Panca Mitra Multiperdana exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Panca Mitra's Coefficient Of Variation of (619.84), risk adjusted performance of (0.11), and Variance of 27.35 to confirm the risk estimate we provide. The company holds a Beta of -0.63, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Panca Mitra are expected to decrease at a much lower rate. During the bear market, Panca Mitra is likely to outperform the market. At this point, Panca Mitra Multiperdana has a negative expected return of -0.89%. Please make sure to check Panca Mitra's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Panca Mitra Multiperdana performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Panca Mitra Multiperdana has weak reverse predictability. Overlapping area represents the amount of predictability between Panca Mitra 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 Panca Mitra Multiperdana price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Panca Mitra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.83 |
Panca Mitra Multiperdana lagged returns against current returns
Autocorrelation, which is Panca Mitra 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 Panca Mitra's stock expected returns. We can calculate the autocorrelation of Panca Mitra returns to help us make a trade decision. For example, suppose you find that Panca Mitra 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 |
Panca Mitra 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 Panca Mitra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panca Mitra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panca Mitra stock over time.
Current vs Lagged Prices |
| Timeline |
Panca Mitra Lagged Returns
When evaluating Panca Mitra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panca Mitra stock have on its future price. Panca Mitra 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, Panca Mitra autocorrelation shows the relationship between Panca Mitra stock current value and its past values and can show if there is a momentum factor associated with investing in Panca Mitra Multiperdana.
Regressed Prices |
| Timeline |
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Panca Mitra financial ratios help investors to determine whether Panca 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 Panca with respect to the benefits of owning Panca Mitra security.