Champ Resto (Indonesia) Market Value
| ENAK Stock | 660.00 130.00 24.53% |
| Symbol | Champ |
Champ Resto '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 Champ Resto'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 Champ Resto.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Champ Resto on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Champ Resto Indonesia or generate 0.0% return on investment in Champ Resto over 390 days. Champ Resto is related to or competes with PT Dewi, Bangun Karya, Gaya Abadi, Habco Trans, and PT Cilacap. More
Champ Resto 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 Champ Resto'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 Champ Resto Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 30.12 | |||
| Value At Risk | (10.40) | |||
| Potential Upside | 6.67 |
Champ Resto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Champ Resto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Champ Resto's standard deviation. In reality, there are many statistical measures that can use Champ Resto historical prices to predict the future Champ Resto's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.89) | |||
| Total Risk Alpha | (1.55) | |||
| Treynor Ratio | (0.52) |
Champ Resto Indonesia Backtested Returns
Champ Resto Indonesia secures Sharpe Ratio (or Efficiency) of -0.0729, which signifies that the company had a -0.0729% return per unit of standard deviation over the last 3 months. Champ Resto Indonesia exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Champ Resto's mean deviation of 3.94, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.42, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Champ Resto will likely underperform. At this point, Champ Resto Indonesia has a negative expected return of -0.48%. Please make sure to confirm Champ Resto's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Champ Resto Indonesia performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.86 |
Very good predictability
Champ Resto Indonesia has very good predictability. Overlapping area represents the amount of predictability between Champ Resto time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Champ Resto Indonesia price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Champ Resto price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 39.1 K |
Champ Resto Indonesia lagged returns against current returns
Autocorrelation, which is Champ Resto 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 Champ Resto's stock expected returns. We can calculate the autocorrelation of Champ Resto returns to help us make a trade decision. For example, suppose you find that Champ Resto 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 |
Champ Resto 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 Champ Resto stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Champ Resto stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Champ Resto stock over time.
Current vs Lagged Prices |
| Timeline |
Champ Resto Lagged Returns
When evaluating Champ Resto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Champ Resto stock have on its future price. Champ Resto 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, Champ Resto autocorrelation shows the relationship between Champ Resto stock current value and its past values and can show if there is a momentum factor associated with investing in Champ Resto Indonesia.
Regressed Prices |
| Timeline |
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Champ Resto financial ratios help investors to determine whether Champ 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 Champ with respect to the benefits of owning Champ Resto security.