Charoen Pokphand (Thailand) Market Value
| CPF Stock | THB 24.50 0.10 0.41% |
| Symbol | Charoen |
Charoen Pokphand '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 Charoen Pokphand'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 Charoen Pokphand.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Charoen Pokphand on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Charoen Pokphand Foods or generate 0.0% return on investment in Charoen Pokphand over 720 days. Charoen Pokphand is related to or competes with Minor International, and Central Pattana. Charoen Pokphand Foods Public Company Limited, together with its subsidiaries, engages in the agro-industrial and integr... More
Charoen Pokphand 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 Charoen Pokphand'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 Charoen Pokphand Foods upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 6.07 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 2.04 |
Charoen Pokphand Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Charoen Pokphand's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Charoen Pokphand's standard deviation. In reality, there are many statistical measures that can use Charoen Pokphand historical prices to predict the future Charoen Pokphand's volatility.| Risk Adjusted Performance | 0.0335 | |||
| Jensen Alpha | 0.0332 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.9807 |
Charoen Pokphand Foods Backtested Returns
As of now, Charoen Stock is very steady. Charoen Pokphand Foods secures Sharpe Ratio (or Efficiency) of 0.0033, which signifies that the company had a 0.0033% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Charoen Pokphand Foods, which you can use to evaluate the volatility of the firm. Please confirm Charoen Pokphand's risk adjusted performance of 0.0335, and Mean Deviation of 0.9565 to double-check if the risk estimate we provide is consistent with the expected return of 0.0041%. The firm shows a Beta (market volatility) of 0.0386, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Charoen Pokphand's returns are expected to increase less than the market. However, during the bear market, the loss of holding Charoen Pokphand is expected to be smaller as well. Charoen Pokphand Foods right now shows a risk of 1.22%. Please confirm Charoen Pokphand Foods market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Charoen Pokphand Foods will be following its price patterns.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Charoen Pokphand Foods has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Charoen Pokphand time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Charoen Pokphand Foods price movement. The serial correlation of -0.71 indicates that around 71.0% of current Charoen Pokphand price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 8.02 |
Charoen Pokphand Foods lagged returns against current returns
Autocorrelation, which is Charoen Pokphand 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 Charoen Pokphand's stock expected returns. We can calculate the autocorrelation of Charoen Pokphand returns to help us make a trade decision. For example, suppose you find that Charoen Pokphand 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 |
Charoen Pokphand 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 Charoen Pokphand stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Charoen Pokphand stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Charoen Pokphand stock over time.
Current vs Lagged Prices |
| Timeline |
Charoen Pokphand Lagged Returns
When evaluating Charoen Pokphand's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Charoen Pokphand stock have on its future price. Charoen Pokphand 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, Charoen Pokphand autocorrelation shows the relationship between Charoen Pokphand stock current value and its past values and can show if there is a momentum factor associated with investing in Charoen Pokphand Foods.
Regressed Prices |
| Timeline |
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Charoen Pokphand financial ratios help investors to determine whether Charoen 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 Charoen with respect to the benefits of owning Charoen Pokphand security.