Colorpak Indonesia (Indonesia) Market Value
| CLPI Stock | IDR 1,060 5.00 0.47% |
| Symbol | Colorpak |
Colorpak Indonesia '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 Colorpak Indonesia'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 Colorpak Indonesia.
| 08/25/2024 |
| 11/23/2024 |
If you would invest 0.00 in Colorpak Indonesia on August 25, 2024 and sell it all today you would earn a total of 0.00 from holding Colorpak Indonesia Tbk or generate 0.0% return on investment in Colorpak Indonesia over 90 days. Colorpak Indonesia is related to or competes with Kedaung Indah, Langgeng Makmur, Kabelindo Murni, Mustika Ratu, and Champion Pacific. More
Colorpak Indonesia 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 Colorpak Indonesia'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 Colorpak Indonesia Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7135 | |||
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 1.87 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.4717 |
Colorpak Indonesia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Colorpak Indonesia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Colorpak Indonesia's standard deviation. In reality, there are many statistical measures that can use Colorpak Indonesia historical prices to predict the future Colorpak Indonesia's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.4327 |
Colorpak Indonesia Tbk Backtested Returns
Colorpak Indonesia Tbk secures Sharpe Ratio (or Efficiency) of -0.031, which signifies that the company had a -0.031% return per unit of risk over the last 3 months. Colorpak Indonesia Tbk exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Colorpak Indonesia's Mean Deviation of 0.2974, downside deviation of 0.7135, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0209, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Colorpak Indonesia are expected to decrease at a much lower rate. During the bear market, Colorpak Indonesia is likely to outperform the market. At this point, Colorpak Indonesia Tbk has a negative expected return of -0.0135%. Please make sure to confirm Colorpak Indonesia's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Colorpak Indonesia Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.65 |
Good predictability
Colorpak Indonesia Tbk has good predictability. Overlapping area represents the amount of predictability between Colorpak Indonesia 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 Colorpak Indonesia Tbk price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Colorpak Indonesia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 23.02 |
Colorpak Indonesia Tbk lagged returns against current returns
Autocorrelation, which is Colorpak Indonesia 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 Colorpak Indonesia's stock expected returns. We can calculate the autocorrelation of Colorpak Indonesia returns to help us make a trade decision. For example, suppose you find that Colorpak Indonesia 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 |
Colorpak Indonesia 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 Colorpak Indonesia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Colorpak Indonesia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Colorpak Indonesia stock over time.
Current vs Lagged Prices |
| Timeline |
Colorpak Indonesia Lagged Returns
When evaluating Colorpak Indonesia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Colorpak Indonesia stock have on its future price. Colorpak Indonesia 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, Colorpak Indonesia autocorrelation shows the relationship between Colorpak Indonesia stock current value and its past values and can show if there is a momentum factor associated with investing in Colorpak Indonesia Tbk.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Colorpak Stock
Colorpak Indonesia financial ratios help investors to determine whether Colorpak 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 Colorpak with respect to the benefits of owning Colorpak Indonesia security.