Campina Ice (Indonesia) Market Value
| CAMP Stock | IDR 268.00 10.00 3.88% |
| Symbol | Campina |
Campina Ice '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 Campina Ice'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 Campina Ice.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Campina Ice on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Campina Ice Cream or generate 0.0% return on investment in Campina Ice over 720 days. Campina Ice is related to or competes with Kalbe Farma, and Akr Corporindo. PT Campina Ice Cream Industry, Tbk. produces, markets, and distributes ice creams in Indonesia More
Campina Ice 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 Campina Ice'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 Campina Ice Cream upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 7.49 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.01 |
Campina Ice Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Campina Ice's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Campina Ice's standard deviation. In reality, there are many statistical measures that can use Campina Ice historical prices to predict the future Campina Ice's volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.61) |
Campina Ice Cream Backtested Returns
Campina Ice Cream secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22% return per unit of risk over the last 3 months. Campina Ice Cream exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Campina Ice's Risk Adjusted Performance of (0.20), mean deviation of 1.16, and Standard Deviation of 1.59 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Campina Ice's returns are expected to increase less than the market. However, during the bear market, the loss of holding Campina Ice is expected to be smaller as well. At this point, Campina Ice Cream has a negative expected return of -0.34%. Please make sure to confirm Campina Ice's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Campina Ice Cream performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Campina Ice Cream has insignificant reverse predictability. Overlapping area represents the amount of predictability between Campina Ice time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th of November 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 Campina Ice Cream price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Campina Ice price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 1337.49 |
Campina Ice Cream lagged returns against current returns
Autocorrelation, which is Campina Ice 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 Campina Ice's stock expected returns. We can calculate the autocorrelation of Campina Ice returns to help us make a trade decision. For example, suppose you find that Campina Ice 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 |
Campina Ice 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 Campina Ice stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Campina Ice stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Campina Ice stock over time.
Current vs Lagged Prices |
| Timeline |
Campina Ice Lagged Returns
When evaluating Campina Ice's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Campina Ice stock have on its future price. Campina Ice 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, Campina Ice autocorrelation shows the relationship between Campina Ice stock current value and its past values and can show if there is a momentum factor associated with investing in Campina Ice Cream.
Regressed Prices |
| Timeline |
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Campina Ice financial ratios help investors to determine whether Campina 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 Campina with respect to the benefits of owning Campina Ice security.