KAGA EL (Germany) Market Value
| 9V2 Stock | EUR 16.80 0.10 0.60% |
| Symbol | KAGA |
KAGA 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 KAGA 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 KAGA EL.
| 03/12/2023 |
| 03/01/2025 |
If you would invest 0.00 in KAGA EL on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding KAGA EL LTD or generate 0.0% return on investment in KAGA EL over 720 days. KAGA EL is related to or competes with United Utilities, Algonquin Power, Check Point, Sunny Optical, Chesapeake Utilities, and AviChina Industry. Kaga Electronics Co., Ltd. sells electronics parts, semiconductors, PCs, and peripherals in Japan, North America, Europe... More
KAGA 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 KAGA 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 KAGA EL LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.0363 | |||
| Maximum Drawdown | 5.86 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 2.45 |
KAGA EL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KAGA EL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KAGA EL's standard deviation. In reality, there are many statistical measures that can use KAGA EL historical prices to predict the future KAGA EL's volatility.| Risk Adjusted Performance | 0.0243 | |||
| Jensen Alpha | 0.0218 | |||
| Total Risk Alpha | 0.0688 | |||
| Sortino Ratio | 0.0372 | |||
| Treynor Ratio | (0.13) |
KAGA EL LTD Backtested Returns
At this point, KAGA EL is very steady. KAGA EL LTD has Sharpe Ratio of 0.0432, which conveys that the company had a 0.0432 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for KAGA EL, which you can use to evaluate the volatility of the entity. Please verify KAGA EL's Mean Deviation of 1.08, downside deviation of 1.33, and Semi Deviation of 1.11 to check out if the risk estimate we provide is consistent with the expected return of 0.0585%. KAGA EL has a performance score of 3 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KAGA EL are expected to decrease at a much lower rate. During the bear market, KAGA EL is likely to outperform the market. KAGA EL LTD at this time secures a risk of 1.36%. Please verify KAGA EL LTD downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if KAGA EL LTD will be following its current price movements.
Auto-correlation | -0.65 |
Very good reverse predictability
KAGA EL LTD has very good reverse predictability. Overlapping area represents the amount of predictability between KAGA EL time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of KAGA EL LTD price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current KAGA EL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.98 |
KAGA EL LTD lagged returns against current returns
Autocorrelation, which is KAGA 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 KAGA EL's stock expected returns. We can calculate the autocorrelation of KAGA EL returns to help us make a trade decision. For example, suppose you find that KAGA 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 |
KAGA 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 KAGA EL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KAGA EL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KAGA EL stock over time.
Current vs Lagged Prices |
| Timeline |
KAGA EL Lagged Returns
When evaluating KAGA EL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KAGA EL stock have on its future price. KAGA 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, KAGA EL autocorrelation shows the relationship between KAGA EL stock current value and its past values and can show if there is a momentum factor associated with investing in KAGA EL LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in KAGA Stock
KAGA EL financial ratios help investors to determine whether KAGA 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 KAGA with respect to the benefits of owning KAGA EL security.