Citra Borneo (Indonesia) Market Value
| CBUT Stock | 1,085 15.00 1.40% |
| Symbol | Citra |
Citra Borneo '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 Citra Borneo'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 Citra Borneo.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Citra Borneo on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Citra Borneo Utama or generate 0.0% return on investment in Citra Borneo over 660 days. Citra Borneo is related to or competes with Dharma Satya, Saratoga Investama, Surya Esa, Elang Mahkota, and Sawit Sumbermas. More
Citra Borneo 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 Citra Borneo'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 Citra Borneo Utama upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 15.08 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 2.36 |
Citra Borneo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Citra Borneo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Citra Borneo's standard deviation. In reality, there are many statistical measures that can use Citra Borneo historical prices to predict the future Citra Borneo's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | 4.85 |
Citra Borneo Utama Backtested Returns
Citra Borneo Utama secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Citra Borneo Utama exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Citra Borneo's Risk Adjusted Performance of (0.16), standard deviation of 2.76, and Mean Deviation of 1.71 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Citra Borneo are expected to decrease at a much lower rate. During the bear market, Citra Borneo is likely to outperform the market. At this point, Citra Borneo Utama has a negative expected return of -0.31%. Please make sure to confirm Citra Borneo's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Citra Borneo Utama performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
Citra Borneo Utama has modest reverse predictability. Overlapping area represents the amount of predictability between Citra Borneo time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Citra Borneo Utama price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Citra Borneo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 92.5 K |
Citra Borneo Utama lagged returns against current returns
Autocorrelation, which is Citra Borneo 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 Citra Borneo's stock expected returns. We can calculate the autocorrelation of Citra Borneo returns to help us make a trade decision. For example, suppose you find that Citra Borneo 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 |
Citra Borneo 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 Citra Borneo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Citra Borneo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Citra Borneo stock over time.
Current vs Lagged Prices |
| Timeline |
Citra Borneo Lagged Returns
When evaluating Citra Borneo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Citra Borneo stock have on its future price. Citra Borneo 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, Citra Borneo autocorrelation shows the relationship between Citra Borneo stock current value and its past values and can show if there is a momentum factor associated with investing in Citra Borneo Utama.
Regressed Prices |
| Timeline |
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Citra Borneo financial ratios help investors to determine whether Citra 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 Citra with respect to the benefits of owning Citra Borneo security.