Champion Pacific (Indonesia) Market Value
| IGAR Stock | IDR 505.00 7.00 1.41% |
| Symbol | Champion |
Champion Pacific '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 Champion Pacific'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 Champion Pacific.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Champion Pacific on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Champion Pacific Indonesia or generate 0.0% return on investment in Champion Pacific over 30 days. Champion Pacific is related to or competes with Intanwijaya Internasional, Asiaplast Industries, Trias Sentosa, Lotte Chemical, and Indal Aluminium. PT Champion Pacific Indonesia Tbk manufactures and sells flexible packaging products in Indonesia More
Champion Pacific 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 Champion Pacific'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 Champion Pacific Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 4.78 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.41 |
Champion Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Champion Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Champion Pacific's standard deviation. In reality, there are many statistical measures that can use Champion Pacific historical prices to predict the future Champion Pacific's volatility.| Risk Adjusted Performance | 0.0043 | |||
| Jensen Alpha | 0.0081 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0533 |
Champion Pacific Ind Backtested Returns
As of now, Champion Stock is very steady. Champion Pacific Ind secures Sharpe Ratio (or Efficiency) of 0.0298, which signifies that the company had a 0.0298% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Champion Pacific Indonesia, which you can use to evaluate the volatility of the firm. Please confirm Champion Pacific's mean deviation of 0.559, and Risk Adjusted Performance of 0.0043 to double-check if the risk estimate we provide is consistent with the expected return of 0.0259%. Champion Pacific has a performance score of 2 on a scale of 0 to 100. 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 Champion Pacific are expected to decrease at a much lower rate. During the bear market, Champion Pacific is likely to outperform the market. Champion Pacific Ind right now shows a risk of 0.87%. Please confirm Champion Pacific Ind downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Champion Pacific Ind will be following its price patterns.
Auto-correlation | -0.39 |
Poor reverse predictability
Champion Pacific Indonesia has poor reverse predictability. Overlapping area represents the amount of predictability between Champion Pacific time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 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 Champion Pacific Ind price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Champion Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 10.08 |
Champion Pacific Ind lagged returns against current returns
Autocorrelation, which is Champion Pacific 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 Champion Pacific's stock expected returns. We can calculate the autocorrelation of Champion Pacific returns to help us make a trade decision. For example, suppose you find that Champion Pacific 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 |
Champion Pacific 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 Champion Pacific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Champion Pacific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Champion Pacific stock over time.
Current vs Lagged Prices |
| Timeline |
Champion Pacific Lagged Returns
When evaluating Champion Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Champion Pacific stock have on its future price. Champion Pacific 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, Champion Pacific autocorrelation shows the relationship between Champion Pacific stock current value and its past values and can show if there is a momentum factor associated with investing in Champion Pacific Indonesia.
Regressed Prices |
| Timeline |
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Champion Pacific financial ratios help investors to determine whether Champion 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 Champion with respect to the benefits of owning Champion Pacific security.