Clipan Finance (Indonesia) Market Value
| CFIN Stock | IDR 330.00 2.00 0.61% |
| Symbol | Clipan |
Clipan Finance '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 Clipan Finance'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 Clipan Finance.
| 08/25/2024 |
| 11/23/2024 |
If you would invest 0.00 in Clipan Finance on August 25, 2024 and sell it all today you would earn a total of 0.00 from holding Clipan Finance Indonesia or generate 0.0% return on investment in Clipan Finance over 90 days. Clipan Finance is related to or competes with Paninvest Tbk, Maskapai Reasuransi, Panin Sekuritas, Wahana Ottomitra, and Lenox Pasifik. Clipan Finance Indonesia Tbk provides financial leasing and consumer financing services More
Clipan Finance 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 Clipan Finance'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 Clipan Finance Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 7.08 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 1.85 |
Clipan Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clipan Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clipan Finance's standard deviation. In reality, there are many statistical measures that can use Clipan Finance historical prices to predict the future Clipan Finance's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 1.22 |
Clipan Finance Indonesia Backtested Returns
Clipan Finance Indonesia secures Sharpe Ratio (or Efficiency) of -0.3, which signifies that the company had a -0.3% return per unit of risk over the last 3 months. Clipan Finance Indonesia exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clipan Finance's Risk Adjusted Performance of (0.18), mean deviation of 0.916, and Standard Deviation of 1.28 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Clipan Finance are expected to decrease at a much lower rate. During the bear market, Clipan Finance is likely to outperform the market. At this point, Clipan Finance Indonesia has a negative expected return of -0.36%. Please make sure to confirm Clipan Finance's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Clipan Finance Indonesia performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.41 |
Average predictability
Clipan Finance Indonesia has average predictability. Overlapping area represents the amount of predictability between Clipan Finance time series from 25th of August 2024 to 9th of October 2024 and 9th of October 2024 to 23rd 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 Clipan Finance Indonesia price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Clipan Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 1094.21 |
Clipan Finance Indonesia lagged returns against current returns
Autocorrelation, which is Clipan Finance 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 Clipan Finance's stock expected returns. We can calculate the autocorrelation of Clipan Finance returns to help us make a trade decision. For example, suppose you find that Clipan Finance 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 |
Clipan Finance 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 Clipan Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clipan Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clipan Finance stock over time.
Current vs Lagged Prices |
| Timeline |
Clipan Finance Lagged Returns
When evaluating Clipan Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clipan Finance stock have on its future price. Clipan Finance 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, Clipan Finance autocorrelation shows the relationship between Clipan Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Clipan Finance Indonesia.
Regressed Prices |
| Timeline |
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Clipan Finance financial ratios help investors to determine whether Clipan 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 Clipan with respect to the benefits of owning Clipan Finance security.