Citra Putra (Indonesia) Market Value
| CLAY Stock | IDR 266.00 24.00 9.92% |
| Symbol | Citra |
Citra Putra '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 Putra'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 Putra.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Citra Putra on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Citra Putra Realty or generate 0.0% return on investment in Citra Putra over 690 days. Citra Putra is related to or competes with Jasa Armada, Cahayaputra Asa, Campina Ice, Integra Indocabinet, Multistrada Arah, PT MNC, and J Resources. PT Citra Putra Realty Tbk engages in the hospitality and real estate business in Indonesia More
Citra Putra 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 Putra'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 Putra Realty upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1197 | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (9.64) | |||
| Potential Upside | 9.85 |
Citra Putra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Citra Putra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Citra Putra's standard deviation. In reality, there are many statistical measures that can use Citra Putra historical prices to predict the future Citra Putra's volatility.| Risk Adjusted Performance | 0.1217 | |||
| Jensen Alpha | 0.6212 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 2.98 |
Citra Putra Realty Backtested Returns
Citra Putra appears to be very steady, given 3 months investment horizon. Citra Putra Realty 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. By analyzing Citra Putra's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please makes use of Citra Putra's Standard Deviation of 4.43, risk adjusted performance of 0.1217, and Mean Deviation of 2.5 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Citra Putra holds a performance score of 12. 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, Citra Putra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Citra Putra is expected to be smaller as well. Please check Citra Putra's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to make a quick decision on whether Citra Putra's price patterns will revert.
Auto-correlation | 0.12 |
Insignificant predictability
Citra Putra Realty has insignificant predictability. Overlapping area represents the amount of predictability between Citra Putra time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Putra Realty price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Citra Putra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 8053.88 |
Citra Putra Realty lagged returns against current returns
Autocorrelation, which is Citra Putra 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 Putra's stock expected returns. We can calculate the autocorrelation of Citra Putra returns to help us make a trade decision. For example, suppose you find that Citra Putra 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 Putra 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 Putra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Citra Putra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Citra Putra stock over time.
Current vs Lagged Prices |
| Timeline |
Citra Putra Lagged Returns
When evaluating Citra Putra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Citra Putra stock have on its future price. Citra Putra 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 Putra autocorrelation shows the relationship between Citra Putra stock current value and its past values and can show if there is a momentum factor associated with investing in Citra Putra Realty.
Regressed Prices |
| Timeline |
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Citra Putra 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 Putra security.