Japfa Comfeed (Indonesia) Market Value
| JPFA Stock | IDR 1,710 50.00 2.84% |
| Symbol | Japfa |
Japfa Comfeed '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 Japfa Comfeed'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 Japfa Comfeed.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Japfa Comfeed on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Japfa Comfeed Indonesia or generate 0.0% return on investment in Japfa Comfeed over 60 days. Japfa Comfeed is related to or competes with Kalbe Farma, and Akr Corporindo. More
Japfa Comfeed 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 Japfa Comfeed'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 Japfa Comfeed Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.02 | |||
| Information Ratio | 0.063 | |||
| Maximum Drawdown | 14.28 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 4.13 |
Japfa Comfeed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Japfa Comfeed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Japfa Comfeed's standard deviation. In reality, there are many statistical measures that can use Japfa Comfeed historical prices to predict the future Japfa Comfeed's volatility.| Risk Adjusted Performance | 0.0957 | |||
| Jensen Alpha | 0.3741 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0756 | |||
| Treynor Ratio | (0.31) |
Japfa Comfeed Indonesia Backtested Returns
Japfa Comfeed appears to be very steady, given 3 months investment horizon. Japfa Comfeed Indonesia holds Efficiency (Sharpe) Ratio of 0.0957, which attests that the entity had a 0.0957% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Japfa Comfeed Indonesia, which you can use to evaluate the volatility of the firm. Please utilize Japfa Comfeed's Market Risk Adjusted Performance of (0.30), risk adjusted performance of 0.0957, and Downside Deviation of 2.02 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Japfa Comfeed holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of -0.87, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Japfa Comfeed are expected to decrease slowly. On the other hand, during market turmoil, Japfa Comfeed is expected to outperform it slightly. Please check Japfa Comfeed's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Japfa Comfeed's current trending patterns will revert.
Auto-correlation | -0.4 |
Poor reverse predictability
Japfa Comfeed Indonesia has poor reverse predictability. Overlapping area represents the amount of predictability between Japfa Comfeed time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 Japfa Comfeed Indonesia price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Japfa Comfeed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 2002.69 |
Japfa Comfeed Indonesia lagged returns against current returns
Autocorrelation, which is Japfa Comfeed 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 Japfa Comfeed's stock expected returns. We can calculate the autocorrelation of Japfa Comfeed returns to help us make a trade decision. For example, suppose you find that Japfa Comfeed 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 |
Japfa Comfeed 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 Japfa Comfeed stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Japfa Comfeed stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Japfa Comfeed stock over time.
Current vs Lagged Prices |
| Timeline |
Japfa Comfeed Lagged Returns
When evaluating Japfa Comfeed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Japfa Comfeed stock have on its future price. Japfa Comfeed 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, Japfa Comfeed autocorrelation shows the relationship between Japfa Comfeed stock current value and its past values and can show if there is a momentum factor associated with investing in Japfa Comfeed Indonesia.
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 Japfa Stock
Japfa Comfeed financial ratios help investors to determine whether Japfa 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 Japfa with respect to the benefits of owning Japfa Comfeed security.