Ciptadana Asset (Indonesia) Market Value
| XCID Stock | IDR 60.00 2.00 3.45% |
| Symbol | Ciptadana |
Please note, there is a significant difference between Ciptadana Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ciptadana Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ciptadana Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ciptadana Asset '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 Ciptadana Asset'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 Ciptadana Asset.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Ciptadana Asset on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Ciptadana Asset Management or generate 0.0% return on investment in Ciptadana Asset over 690 days. Ciptadana Asset is related to or competes with Ace Hardware, Lion Metal, Panin Financial, Metrodata Electronics, Siloam International, and Yelooo Integra. More
Ciptadana Asset 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 Ciptadana Asset'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 Ciptadana Asset Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.91 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 12.01 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 5.26 |
Ciptadana Asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ciptadana Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ciptadana Asset's standard deviation. In reality, there are many statistical measures that can use Ciptadana Asset historical prices to predict the future Ciptadana Asset's volatility.| Risk Adjusted Performance | 0.0143 | |||
| Jensen Alpha | 0.0049 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1792 |
Ciptadana Asset Mana Backtested Returns
As of now, Ciptadana Stock is very steady. Ciptadana Asset Mana secures Sharpe Ratio (or Efficiency) of 0.0311, which signifies that the company had a 0.0311% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ciptadana Asset Management, which you can use to evaluate the volatility of the firm. Please confirm Ciptadana Asset's Downside Deviation of 2.91, mean deviation of 1.74, and Risk Adjusted Performance of 0.0143 to double-check if the risk estimate we provide is consistent with the expected return of 0.0792%. Ciptadana Asset has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0772, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ciptadana Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ciptadana Asset is expected to be smaller as well. Ciptadana Asset Mana right now shows a risk of 2.54%. Please confirm Ciptadana Asset Mana maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Ciptadana Asset Mana will be following its price patterns.
Auto-correlation | 0.35 |
Below average predictability
Ciptadana Asset Management has below average predictability. Overlapping area represents the amount of predictability between Ciptadana Asset time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 Ciptadana Asset Mana price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Ciptadana Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 8.59 |
Ciptadana Asset Mana lagged returns against current returns
Autocorrelation, which is Ciptadana Asset 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 Ciptadana Asset's stock expected returns. We can calculate the autocorrelation of Ciptadana Asset returns to help us make a trade decision. For example, suppose you find that Ciptadana Asset 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 |
Ciptadana Asset 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 Ciptadana Asset stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ciptadana Asset stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ciptadana Asset stock over time.
Current vs Lagged Prices |
| Timeline |
Ciptadana Asset Lagged Returns
When evaluating Ciptadana Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ciptadana Asset stock have on its future price. Ciptadana Asset 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, Ciptadana Asset autocorrelation shows the relationship between Ciptadana Asset stock current value and its past values and can show if there is a momentum factor associated with investing in Ciptadana Asset Management.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Ciptadana Stock
Ciptadana Asset financial ratios help investors to determine whether Ciptadana 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 Ciptadana with respect to the benefits of owning Ciptadana Asset security.