PT Charoen (Germany) Market Value
| 0CP1 Stock | EUR 0.26 0.01 4.00% |
| Symbol | 0CP1 |
PT Charoen '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 PT Charoen'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 PT Charoen.
| 12/29/2023 |
| 12/23/2024 |
If you would invest 0.00 in PT Charoen on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding PT Charoen Pokphand or generate 0.0% return on investment in PT Charoen over 360 days. PT Charoen is related to or competes with Archer Daniels, Tyson Foods, Wilmar International, MOWI ASA, Mowi ASA, SalMar ASA, and Charoen Pokphand. PT Charoen Pokphand Indonesia Tbk produces and sells poultry feed, day old chicks , processed chicken, and other food pr... More
PT Charoen 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 PT Charoen'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 PT Charoen Pokphand upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.69 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 3.85 |
PT Charoen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Charoen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Charoen's standard deviation. In reality, there are many statistical measures that can use PT Charoen historical prices to predict the future PT Charoen's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.16) |
PT Charoen Pokphand Backtested Returns
PT Charoen Pokphand retains Efficiency (Sharpe Ratio) of -0.0123, which implies the firm had a -0.0123% return per unit of price deviation over the last 3 months. PT Charoen exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Charoen's market risk adjusted performance of (0.15), and Information Ratio of (0.05) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.59, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PT Charoen's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Charoen is expected to be smaller as well. At this point, PT Charoen Pokphand has a negative expected return of -0.0295%. Please make sure to check PT Charoen's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if PT Charoen Pokphand performance from the past will be repeated at some future date.
Auto-correlation | -0.54 |
Good reverse predictability
PT Charoen Pokphand has good reverse predictability. Overlapping area represents the amount of predictability between PT Charoen time series from 29th of December 2023 to 26th of June 2024 and 26th of June 2024 to 23rd 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 PT Charoen Pokphand price movement. The serial correlation of -0.54 indicates that about 54.0% of current PT Charoen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Charoen Pokphand lagged returns against current returns
Autocorrelation, which is PT Charoen 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 PT Charoen's stock expected returns. We can calculate the autocorrelation of PT Charoen returns to help us make a trade decision. For example, suppose you find that PT Charoen 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 |
PT Charoen 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 PT Charoen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Charoen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Charoen stock over time.
Current vs Lagged Prices |
| Timeline |
PT Charoen Lagged Returns
When evaluating PT Charoen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Charoen stock have on its future price. PT Charoen 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, PT Charoen autocorrelation shows the relationship between PT Charoen stock current value and its past values and can show if there is a momentum factor associated with investing in PT Charoen Pokphand.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in 0CP1 Stock
PT Charoen financial ratios help investors to determine whether 0CP1 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 0CP1 with respect to the benefits of owning PT Charoen security.