Kumulus Vape (France) Market Value
| ALVAP Stock | 4.61 0.11 2.44% |
| Symbol | Kumulus |
Kumulus Vape '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 Kumulus Vape'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 Kumulus Vape.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Kumulus Vape on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Kumulus Vape SA or generate 0.0% return on investment in Kumulus Vape over 90 days.
Kumulus Vape 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 Kumulus Vape'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 Kumulus Vape SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.7 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 3.02 |
Kumulus Vape Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kumulus Vape's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kumulus Vape's standard deviation. In reality, there are many statistical measures that can use Kumulus Vape historical prices to predict the future Kumulus Vape's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (7.33) |
Kumulus Vape SA Backtested Returns
Kumulus Vape SA has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16 % return per unit of risk over the last 3 months. Kumulus Vape exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kumulus Vape's Standard Deviation of 1.75, mean deviation of 1.21, and Risk Adjusted Performance of (0.13) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0392, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kumulus Vape's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kumulus Vape is expected to be smaller as well. At this point, Kumulus Vape SA has a negative expected return of -0.28%. Please make sure to verify Kumulus Vape's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Kumulus Vape SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Kumulus Vape SA has virtually no predictability. Overlapping area represents the amount of predictability between Kumulus Vape time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Kumulus Vape SA price movement. The serial correlation of 0.02 indicates that only 2.0% of current Kumulus Vape price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Kumulus Vape SA lagged returns against current returns
Autocorrelation, which is Kumulus Vape 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 Kumulus Vape's stock expected returns. We can calculate the autocorrelation of Kumulus Vape returns to help us make a trade decision. For example, suppose you find that Kumulus Vape 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 |
Kumulus Vape 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 Kumulus Vape stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kumulus Vape stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kumulus Vape stock over time.
Current vs Lagged Prices |
| Timeline |
Kumulus Vape Lagged Returns
When evaluating Kumulus Vape's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kumulus Vape stock have on its future price. Kumulus Vape 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, Kumulus Vape autocorrelation shows the relationship between Kumulus Vape stock current value and its past values and can show if there is a momentum factor associated with investing in Kumulus Vape SA.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Kumulus Stock Analysis
When running Kumulus Vape's price analysis, check to measure Kumulus Vape'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 Kumulus Vape is operating at the current time. Most of Kumulus Vape's value examination focuses on studying past and present price action to predict the probability of Kumulus Vape's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kumulus Vape's price. Additionally, you may evaluate how the addition of Kumulus Vape to your portfolios can decrease your overall portfolio volatility.