KYB PORATION (Germany) Market Value
| 60V Stock | EUR 17.10 0.20 1.16% |
| Symbol | KYB |
KYB PORATION '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 KYB PORATION'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 KYB PORATION.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in KYB PORATION on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding KYB PORATION or generate 0.0% return on investment in KYB PORATION over 30 days. KYB PORATION is related to or competes with Bridgestone, Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, RYOHIN UNSPADR1, and Vanguard Funds. KYB Corporation manufactures and sells automotive and hydraulic components, and other products worldwide More
KYB PORATION 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 KYB PORATION'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 KYB PORATION upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | 0.1176 | |||
| Maximum Drawdown | 18.14 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 2.52 |
KYB PORATION Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KYB PORATION's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KYB PORATION's standard deviation. In reality, there are many statistical measures that can use KYB PORATION historical prices to predict the future KYB PORATION's volatility.| Risk Adjusted Performance | 0.1128 | |||
| Jensen Alpha | 0.2644 | |||
| Total Risk Alpha | 0.1974 | |||
| Sortino Ratio | 0.1375 | |||
| Treynor Ratio | (0.69) |
KYB PORATION Backtested Returns
KYB PORATION appears to be not too volatile, given 3 months investment horizon. KYB PORATION retains Efficiency (Sharpe Ratio) of 0.12, which conveys that the firm had a 0.12% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for KYB PORATION, which you can use to evaluate the volatility of the firm. Please exercise KYB PORATION's Market Risk Adjusted Performance of (0.68), mean deviation of 1.15, and Downside Deviation of 1.69 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KYB PORATION holds a performance score of 9. The company owns a Beta (Systematic Risk) of -0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning KYB PORATION are expected to decrease at a much lower rate. During the bear market, KYB PORATION is likely to outperform the market. Please check KYB PORATION's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether KYB PORATION's current price history will revert.
Auto-correlation | 0.79 |
Good predictability
KYB PORATION has good predictability. Overlapping area represents the amount of predictability between KYB PORATION time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 KYB PORATION price movement. The serial correlation of 0.79 indicates that around 79.0% of current KYB PORATION price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
KYB PORATION lagged returns against current returns
Autocorrelation, which is KYB PORATION 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 KYB PORATION's stock expected returns. We can calculate the autocorrelation of KYB PORATION returns to help us make a trade decision. For example, suppose you find that KYB PORATION 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 |
KYB PORATION 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 KYB PORATION stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KYB PORATION stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KYB PORATION stock over time.
Current vs Lagged Prices |
| Timeline |
KYB PORATION Lagged Returns
When evaluating KYB PORATION's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KYB PORATION stock have on its future price. KYB PORATION 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, KYB PORATION autocorrelation shows the relationship between KYB PORATION stock current value and its past values and can show if there is a momentum factor associated with investing in KYB PORATION.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in KYB Stock
KYB PORATION financial ratios help investors to determine whether KYB 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 KYB with respect to the benefits of owning KYB PORATION security.