Chitose Internasional (Indonesia) Market Value
| CINT Stock | IDR 186.00 18.00 8.82% |
| Symbol | Chitose |
Chitose Internasional '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 Chitose Internasional'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 Chitose Internasional.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Chitose Internasional on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Chitose Internasional Tbk or generate 0.0% return on investment in Chitose Internasional over 30 days. Chitose Internasional is related to or competes with Pembangunan Jaya, Sona Topas, Millennium Pharmacon, and Tempo Inti. More
Chitose Internasional 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 Chitose Internasional'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 Chitose Internasional Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 45.74 | |||
| Value At Risk | (7.28) | |||
| Potential Upside | 5.95 |
Chitose Internasional Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chitose Internasional's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chitose Internasional's standard deviation. In reality, there are many statistical measures that can use Chitose Internasional historical prices to predict the future Chitose Internasional's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.2213 |
Chitose Internasional Tbk Backtested Returns
As of now, Chitose Stock is very steady. Chitose Internasional Tbk secures Sharpe Ratio (or Efficiency) of 0.0237, which signifies that the company had a 0.0237% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Chitose Internasional Tbk, which you can use to evaluate the volatility of the firm. Please confirm Chitose Internasional's Standard Deviation of 5.41, mean deviation of 2.71, and insignificant Risk Adjusted Performance to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Chitose Internasional has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Chitose Internasional are expected to decrease at a much lower rate. During the bear market, Chitose Internasional is likely to outperform the market. Chitose Internasional Tbk right now shows a risk of 5.4%. Please confirm Chitose Internasional Tbk total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Chitose Internasional Tbk will be following its price patterns.
Auto-correlation | -0.37 |
Poor reverse predictability
Chitose Internasional Tbk has poor reverse predictability. Overlapping area represents the amount of predictability between Chitose Internasional time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Chitose Internasional Tbk price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Chitose Internasional price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 268.74 |
Chitose Internasional Tbk lagged returns against current returns
Autocorrelation, which is Chitose Internasional 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 Chitose Internasional's stock expected returns. We can calculate the autocorrelation of Chitose Internasional returns to help us make a trade decision. For example, suppose you find that Chitose Internasional 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 |
Chitose Internasional 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 Chitose Internasional stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chitose Internasional stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chitose Internasional stock over time.
Current vs Lagged Prices |
| Timeline |
Chitose Internasional Lagged Returns
When evaluating Chitose Internasional's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chitose Internasional stock have on its future price. Chitose Internasional 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, Chitose Internasional autocorrelation shows the relationship between Chitose Internasional stock current value and its past values and can show if there is a momentum factor associated with investing in Chitose Internasional Tbk.
Regressed Prices |
| Timeline |
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Chitose Internasional financial ratios help investors to determine whether Chitose 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 Chitose with respect to the benefits of owning Chitose Internasional security.