Metropolitan Kentjana (Indonesia) Market Value
| MKPI Stock | IDR 27,750 200.00 0.72% |
| Symbol | Metropolitan |
Metropolitan Kentjana '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 Metropolitan Kentjana'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 Metropolitan Kentjana.
| 05/09/2023 |
| 05/03/2024 |
If you would invest 0.00 in Metropolitan Kentjana on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Metropolitan Kentjana Tbk or generate 0.0% return on investment in Metropolitan Kentjana over 360 days. Metropolitan Kentjana is related to or competes with Bakrie Brothers, Bakrie Sumatera, Energi Mega, Darma Henwa, and Bumi Resources. PT Metropolitan Kentjana Tbk develops and manages lands and buildings in Indonesia More
Metropolitan Kentjana 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 Metropolitan Kentjana'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 Metropolitan Kentjana Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.47 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 2.58 |
Metropolitan Kentjana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metropolitan Kentjana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metropolitan Kentjana's standard deviation. In reality, there are many statistical measures that can use Metropolitan Kentjana historical prices to predict the future Metropolitan Kentjana's volatility.| Risk Adjusted Performance | 0.0091 | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0136 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Metropolitan Kentjana's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Metropolitan Kentjana Tbk Backtested Returns
We consider Metropolitan Kentjana very steady. Metropolitan Kentjana Tbk has Sharpe Ratio of 0.0051, which conveys that the firm had a 0.0051% return per unit of risk over the last 3 months. We have found thirty technical indicators for Metropolitan Kentjana, which you can use to evaluate the volatility of the firm. Please verify Metropolitan Kentjana's Downside Deviation of 1.41, mean deviation of 0.527, and Risk Adjusted Performance of 0.0091 to check out if the risk estimate we provide is consistent with the expected return of 0.0054%. The company secures a Beta (Market Risk) of -0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Metropolitan Kentjana are expected to decrease at a much lower rate. During the bear market, Metropolitan Kentjana is likely to outperform the market. Metropolitan Kentjana Tbk right now secures a risk of 1.05%. Please verify Metropolitan Kentjana Tbk sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Metropolitan Kentjana Tbk will be following its current price movements.
Auto-correlation | -0.32 |
Poor reverse predictability
Metropolitan Kentjana Tbk has poor reverse predictability. Overlapping area represents the amount of predictability between Metropolitan Kentjana time series from 9th of May 2023 to 5th of November 2023 and 5th of November 2023 to 3rd of May 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 Metropolitan Kentjana Tbk price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Metropolitan Kentjana price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 504.8 K |
Metropolitan Kentjana Tbk lagged returns against current returns
Autocorrelation, which is Metropolitan Kentjana 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 Metropolitan Kentjana's stock expected returns. We can calculate the autocorrelation of Metropolitan Kentjana returns to help us make a trade decision. For example, suppose you find that Metropolitan Kentjana 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 |
Metropolitan Kentjana 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 Metropolitan Kentjana stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metropolitan Kentjana stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metropolitan Kentjana stock over time.
Current vs Lagged Prices |
| Timeline |
Metropolitan Kentjana Lagged Returns
When evaluating Metropolitan Kentjana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metropolitan Kentjana stock have on its future price. Metropolitan Kentjana 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, Metropolitan Kentjana autocorrelation shows the relationship between Metropolitan Kentjana stock current value and its past values and can show if there is a momentum factor associated with investing in Metropolitan Kentjana Tbk.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Metropolitan Kentjana in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Metropolitan Kentjana's short interest history, or implied volatility extrapolated from Metropolitan Kentjana options trading.
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Complementary Tools for Metropolitan Stock analysis
When running Metropolitan Kentjana's price analysis, check to measure Metropolitan Kentjana's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Metropolitan Kentjana is operating at the current time. Most of Metropolitan Kentjana's value examination focuses on studying past and present price action to predict the probability of Metropolitan Kentjana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metropolitan Kentjana's price. Additionally, you may evaluate how the addition of Metropolitan Kentjana to your portfolios can decrease your overall portfolio volatility.
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Metropolitan Kentjana technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.