Pt Indofood Sukses Stock Market Value
| PIFMF Stock | USD 0.45 0.00 0.00% |
| Symbol | PIFMF |
PT Indofood '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 PT Indofood's pink sheet 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 PT Indofood.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in PT Indofood on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding PT Indofood Sukses or generate 0.0% return on investment in PT Indofood over 30 days. PT Indofood is related to or competes with Kellanova, Lancaster Colony, A2 Milk, Artisan Consumer, General Mills, and Campbell Soup. PT Indofood Sukses Makmur Tbk operates as a food solutions company in Indonesia and internationally More
PT Indofood 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 PT Indofood's pink sheet 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 PT Indofood Sukses upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1071 | |||
| Maximum Drawdown | 7.5 |
PT Indofood Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Indofood's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Indofood's standard deviation. In reality, there are many statistical measures that can use PT Indofood historical prices to predict the future PT Indofood's volatility.| Risk Adjusted Performance | 0.1097 | |||
| Jensen Alpha | 0.1799 | |||
| Total Risk Alpha | 0.0718 | |||
| Treynor Ratio | (1.76) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PT Indofood's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PT Indofood Sukses Backtested Returns
PT Indofood appears to be dangerous, given 3 months investment horizon. PT Indofood Sukses retains Efficiency (Sharpe Ratio) of 0.18, which implies the firm had a 0.18% return per unit of price deviation over the last 3 months. We have found sixteen technical indicators for PT Indofood, which you can use to evaluate the volatility of the company. Please evaluate PT Indofood's information ratio of 0.1071, and Market Risk Adjusted Performance of (1.75) to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PT Indofood holds a performance score of 13. The company owns a Beta (Systematic Risk) of -0.0992, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PT Indofood are expected to decrease at a much lower rate. During the bear market, PT Indofood is likely to outperform the market. Please check PT Indofood's standard deviation, as well as the relationship between the maximum drawdown and day median price , to make a quick decision on whether PT Indofood's current price history will revert.
Auto-correlation | 0.00 |
No correlation between past and present
PT Indofood Sukses has no correlation between past and present. Overlapping area represents the amount of predictability between PT Indofood time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 PT Indofood Sukses price movement. The serial correlation of 0.0 indicates that just 0.0% of current PT Indofood price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Indofood Sukses lagged returns against current returns
Autocorrelation, which is PT Indofood pink sheet'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 PT Indofood's pink sheet expected returns. We can calculate the autocorrelation of PT Indofood returns to help us make a trade decision. For example, suppose you find that PT Indofood has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
PT Indofood 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 PT Indofood pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Indofood pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Indofood pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PT Indofood Lagged Returns
When evaluating PT Indofood's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Indofood pink sheet have on its future price. PT Indofood 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, PT Indofood autocorrelation shows the relationship between PT Indofood pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PT Indofood Sukses.
Regressed Prices |
| Timeline |
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Check out PT Indofood Correlation, PT Indofood Volatility and PT Indofood Alpha and Beta module to complement your research on PT Indofood. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for PIFMF Pink Sheet analysis
When running PT Indofood's price analysis, check to measure PT Indofood's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PT Indofood is operating at the current time. Most of PT Indofood's value examination focuses on studying past and present price action to predict the probability of PT Indofood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PT Indofood's price. Additionally, you may evaluate how the addition of PT Indofood to your portfolios can decrease your overall portfolio volatility.
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PT Indofood technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.