KYUSHU EL (Germany) Market Value
| 2CJ Stock | EUR 8.00 0.30 3.61% |
| Symbol | KYUSHU |
KYUSHU EL '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 KYUSHU EL'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 KYUSHU EL.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in KYUSHU EL on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding KYUSHU EL PWR or generate 0.0% return on investment in KYUSHU EL over 30 days. KYUSHU EL is related to or competes with SSE PLC, CIA ENGER, EVN AG, and TELECOM PLUS. Kyushu Electric Power Company, Incorporated engages in the electric power business in Japan and internationally More
KYUSHU EL 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 KYUSHU EL'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 KYUSHU EL PWR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 16.46 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 4.08 |
KYUSHU EL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KYUSHU EL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KYUSHU EL's standard deviation. In reality, there are many statistical measures that can use KYUSHU EL historical prices to predict the future KYUSHU EL's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (2.41) |
KYUSHU EL PWR Backtested Returns
KYUSHU EL PWR has Sharpe Ratio of -0.0914, which conveys that the firm had a -0.0914% return per unit of standard deviation over the last 3 months. KYUSHU EL exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KYUSHU EL's Market Risk Adjusted Performance of (2.40), risk adjusted performance of (0.07), and Mean Deviation of 1.9 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KYUSHU EL's returns are expected to increase less than the market. However, during the bear market, the loss of holding KYUSHU EL is expected to be smaller as well. At this point, KYUSHU EL PWR has a negative expected return of -0.25%. Please make sure to verify KYUSHU EL's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if KYUSHU EL PWR performance from the past will be repeated at some future point.
Auto-correlation | -0.51 |
Good reverse predictability
KYUSHU EL PWR has good reverse predictability. Overlapping area represents the amount of predictability between KYUSHU EL time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 KYUSHU EL PWR price movement. The serial correlation of -0.51 indicates that about 51.0% of current KYUSHU EL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
KYUSHU EL PWR lagged returns against current returns
Autocorrelation, which is KYUSHU EL 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 KYUSHU EL's stock expected returns. We can calculate the autocorrelation of KYUSHU EL returns to help us make a trade decision. For example, suppose you find that KYUSHU EL 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 |
KYUSHU EL 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 KYUSHU EL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KYUSHU EL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KYUSHU EL stock over time.
Current vs Lagged Prices |
| Timeline |
KYUSHU EL Lagged Returns
When evaluating KYUSHU EL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KYUSHU EL stock have on its future price. KYUSHU EL 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, KYUSHU EL autocorrelation shows the relationship between KYUSHU EL stock current value and its past values and can show if there is a momentum factor associated with investing in KYUSHU EL PWR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in KYUSHU Stock
KYUSHU EL financial ratios help investors to determine whether KYUSHU 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 KYUSHU with respect to the benefits of owning KYUSHU EL security.