Indofood Cbp Sukses Stock Market Value
| PIFFY Stock | USD 13.80 1.58 10.27% |
| Symbol | Indofood |
Indofood CBP '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 Indofood CBP's pink sheet 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 Indofood CBP.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Indofood CBP on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Indofood CBP Sukses or generate 0.0% return on investment in Indofood CBP over 30 days. Indofood CBP is related to or competes with Indofood Sukses, First Pacific, Grupo Herdez, Fraser, Fraser, Avi, and Premier Foods. PT Indofood CBP Sukses Makmur Tbk, together with its subsidiaries, produces and sells consumers products in Indonesia, r... More
Indofood CBP 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 Indofood CBP's pink sheet 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 Indofood CBP Sukses upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0293 | |||
| Maximum Drawdown | 20.03 |
Indofood CBP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indofood CBP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indofood CBP's standard deviation. In reality, there are many statistical measures that can use Indofood CBP historical prices to predict the future Indofood CBP's volatility.| Risk Adjusted Performance | 0.0604 | |||
| Jensen Alpha | 0.1896 | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 2.94 |
Indofood CBP Sukses Backtested Returns
Indofood CBP appears to be not too volatile, given 3 months investment horizon. Indofood CBP Sukses holds Efficiency (Sharpe) Ratio of 0.0739, which attests that the entity had a 0.0739% return per unit of risk over the last 3 months. We have found twenty technical indicators for Indofood CBP Sukses, which you can use to evaluate the volatility of the firm. Please utilize Indofood CBP's Standard Deviation of 2.83, risk adjusted performance of 0.0604, and Market Risk Adjusted Performance of 2.95 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Indofood CBP holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 0.0671, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Indofood CBP's returns are expected to increase less than the market. However, during the bear market, the loss of holding Indofood CBP is expected to be smaller as well. Please check Indofood CBP's coefficient of variation, skewness, as well as the relationship between the Skewness and price action indicator , to make a quick decision on whether Indofood CBP's current trending patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Indofood CBP Sukses has no correlation between past and present. Overlapping area represents the amount of predictability between Indofood CBP time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Indofood CBP Sukses price movement. The serial correlation of 0.0 indicates that just 0.0% of current Indofood CBP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Indofood CBP Sukses lagged returns against current returns
Autocorrelation, which is Indofood CBP pink sheet'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 Indofood CBP's pink sheet expected returns. We can calculate the autocorrelation of Indofood CBP returns to help us make a trade decision. For example, suppose you find that Indofood CBP has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
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Indofood CBP 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 Indofood CBP pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indofood CBP pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indofood CBP pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Indofood CBP Lagged Returns
When evaluating Indofood CBP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indofood CBP pink sheet have on its future price. Indofood CBP 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, Indofood CBP autocorrelation shows the relationship between Indofood CBP pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Indofood CBP Sukses.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Indofood Pink Sheet Analysis
When running Indofood CBP's price analysis, check to measure Indofood CBP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Indofood CBP is operating at the current time. Most of Indofood CBP's value examination focuses on studying past and present price action to predict the probability of Indofood CBP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indofood CBP's price. Additionally, you may evaluate how the addition of Indofood CBP to your portfolios can decrease your overall portfolio volatility.