Indofood Cbp (Indonesia) Market Value
| ICBP Stock | IDR 11,900 75.00 0.63% |
| 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 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 Indofood Cbp.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Indofood Cbp on October 30, 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 Bank BRISyariah, Mitra Pinasthika, Jakarta Int, Indosterling Technomedia, Indosat Tbk, Bank Negara, and Capital Financial. 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 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 Indofood Cbp Sukses upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.18 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 2.5 |
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 | 0.0425 | |||
| Jensen Alpha | 0.0958 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.22) |
Indofood Cbp Sukses Backtested Returns
As of now, Indofood Stock is very steady. Indofood Cbp Sukses holds Efficiency (Sharpe) Ratio of 0.0439, which attests that the entity had a 0.0439% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Indofood Cbp Sukses, which you can use to evaluate the volatility of the firm. Please check out Indofood Cbp's Risk Adjusted Performance of 0.0425, downside deviation of 1.53, and Market Risk Adjusted Performance of (0.21) to validate if the risk estimate we provide is consistent with the expected return of 0.0665%. Indofood Cbp has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Indofood Cbp are expected to decrease at a much lower rate. During the bear market, Indofood Cbp is likely to outperform the market. Indofood Cbp Sukses right now retains a risk of 1.51%. Please check out Indofood Cbp coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Indofood Cbp will be following its current trending patterns.
Auto-correlation | -0.63 |
Very good reverse predictability
Indofood Cbp Sukses has very good reverse predictability. Overlapping area represents the amount of predictability between Indofood Cbp time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Indofood Cbp Sukses price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Indofood Cbp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 26.4 K |
Indofood Cbp Sukses lagged returns against current returns
Autocorrelation, which is Indofood Cbp 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 Indofood Cbp's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indofood Cbp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indofood Cbp stock 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 stock 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 stock 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 |
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Indofood Cbp financial ratios help investors to determine whether Indofood 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 Indofood with respect to the benefits of owning Indofood Cbp security.