Central Proteina (Indonesia) Market Value
| CPRO Stock | IDR 50.00 0.00 0.00% |
| Symbol | Central |
Central Proteina '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 Central Proteina'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 Central Proteina.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Central Proteina on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Central Proteina Prima or generate 0.0% return on investment in Central Proteina over 720 days. Central Proteina is related to or competes with Bakrie Brothers, Bakrieland Development, Darma Henwa, Bakrie Sumatera, and Energi Mega. PT Central Proteina Prima Tbk, together with its subsidiaries, operates as an integrated aquaculture company in Indonesi... More
Central Proteina 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 Central Proteina'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 Central Proteina Prima upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 9.77 | |||
| Value At Risk | (1.96) |
Central Proteina Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Central Proteina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Central Proteina's standard deviation. In reality, there are many statistical measures that can use Central Proteina historical prices to predict the future Central Proteina's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.1519 |
Central Proteina Prima Backtested Returns
As of now, Central Stock is very steady. Central Proteina Prima secures Sharpe Ratio (or Efficiency) of 0.0048, which signifies that the company had a 0.0048% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Central Proteina Prima, which you can use to evaluate the volatility of the firm. Please confirm Central Proteina's Risk Adjusted Performance of (0.02), mean deviation of 0.2896, and Standard Deviation of 1.01 to double-check if the risk estimate we provide is consistent with the expected return of 0.0048%. The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Central Proteina are expected to decrease at a much lower rate. During the bear market, Central Proteina is likely to outperform the market. Central Proteina Prima right now shows a risk of 1.0%. Please confirm Central Proteina Prima information ratio, maximum drawdown, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if Central Proteina Prima will be following its price patterns.
Auto-correlation | -0.27 |
Weak reverse predictability
Central Proteina Prima has weak reverse predictability. Overlapping area represents the amount of predictability between Central Proteina time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Central Proteina Prima price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Central Proteina price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 1.11 |
Central Proteina Prima lagged returns against current returns
Autocorrelation, which is Central Proteina 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 Central Proteina's stock expected returns. We can calculate the autocorrelation of Central Proteina returns to help us make a trade decision. For example, suppose you find that Central Proteina 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 |
Central Proteina 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 Central Proteina stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Central Proteina stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Central Proteina stock over time.
Current vs Lagged Prices |
| Timeline |
Central Proteina Lagged Returns
When evaluating Central Proteina's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Central Proteina stock have on its future price. Central Proteina 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, Central Proteina autocorrelation shows the relationship between Central Proteina stock current value and its past values and can show if there is a momentum factor associated with investing in Central Proteina Prima.
Regressed Prices |
| Timeline |
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Central Proteina financial ratios help investors to determine whether Central 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 Central with respect to the benefits of owning Central Proteina security.