Bank Mayapada (Indonesia) Market Value
MAYA Stock | IDR 352.00 6.00 1.73% |
Symbol | Bank |
Bank Mayapada '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 Bank Mayapada'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 Bank Mayapada.
01/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Bank Mayapada on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Mayapada Internasional or generate 0.0% return on investment in Bank Mayapada over 90 days. Bank Mayapada is related to or competes with Astra International, United Tractors, Bukit Asam, Indofood Sukses, and Hanjaya Mandala. PT Bank Mayapada Internasional Tbk provides commercial banking products and services in Indonesia More
Bank Mayapada 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 Bank Mayapada'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 Bank Mayapada Internasional upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 6.98 | |||
Information Ratio | 0.102 | |||
Maximum Drawdown | 49.48 | |||
Value At Risk | (9.32) | |||
Potential Upside | 23.48 |
Bank Mayapada Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Mayapada's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Mayapada's standard deviation. In reality, there are many statistical measures that can use Bank Mayapada historical prices to predict the future Bank Mayapada's volatility.Risk Adjusted Performance | 0.0799 | |||
Jensen Alpha | 0.9604 | |||
Total Risk Alpha | (0.21) | |||
Sortino Ratio | 0.1226 | |||
Treynor Ratio | (4.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Mayapada'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.
Bank Mayapada Intern Backtested Returns
Bank Mayapada is very steady given 3 months investment horizon. Bank Mayapada Intern secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.3% are justified by taking the suggested risk. Use Bank Mayapada Mean Deviation of 5.16, downside deviation of 6.98, and Risk Adjusted Performance of 0.0799 to evaluate company specific risk that cannot be diversified away. Bank Mayapada holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Mayapada are expected to decrease at a much lower rate. During the bear market, Bank Mayapada is likely to outperform the market. Use Bank Mayapada sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to analyze future returns on Bank Mayapada.
Auto-correlation | 0.14 |
Insignificant predictability
Bank Mayapada Internasional has insignificant predictability. Overlapping area represents the amount of predictability between Bank Mayapada time series from 26th of January 2024 to 11th of March 2024 and 11th of March 2024 to 25th of April 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 Bank Mayapada Intern price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Bank Mayapada price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.14 | |
Spearman Rank Test | 0.19 | |
Residual Average | 0.0 | |
Price Variance | 848.67 |
Bank Mayapada Intern lagged returns against current returns
Autocorrelation, which is Bank Mayapada 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 Bank Mayapada's stock expected returns. We can calculate the autocorrelation of Bank Mayapada returns to help us make a trade decision. For example, suppose you find that Bank Mayapada 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 |
Bank Mayapada 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 Bank Mayapada stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Mayapada stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Mayapada stock over time.
Current vs Lagged Prices |
Timeline |
Bank Mayapada Lagged Returns
When evaluating Bank Mayapada's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Mayapada stock have on its future price. Bank Mayapada 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, Bank Mayapada autocorrelation shows the relationship between Bank Mayapada stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Mayapada Internasional.
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 ArchitectCheck out Bank Mayapada Correlation, Bank Mayapada Volatility and Bank Mayapada Alpha and Beta module to complement your research on Bank Mayapada. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Bank Stock analysis
When running Bank Mayapada's price analysis, check to measure Bank Mayapada'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 Bank Mayapada is operating at the current time. Most of Bank Mayapada's value examination focuses on studying past and present price action to predict the probability of Bank Mayapada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Mayapada's price. Additionally, you may evaluate how the addition of Bank Mayapada to your portfolios can decrease your overall portfolio volatility.
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Transaction History View history of all your transactions and understand their impact on performance |
Bank Mayapada 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.