Hybrid Kinetic Group Stock Market Value
| FESTF Stock | USD 0.01 0.00 0.00% |
| Symbol | Hybrid |
Hybrid Kinetic '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 Hybrid Kinetic'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 Hybrid Kinetic.
| 12/26/2022 |
| 12/15/2024 |
If you would invest 0.00 in Hybrid Kinetic on December 26, 2022 and sell it all today you would earn a total of 0.00 from holding Hybrid Kinetic Group or generate 0.0% return on investment in Hybrid Kinetic over 720 days. Hybrid Kinetic is related to or competes with BRP, Academy Sports, Freedom Bank, Arrow Financial, Pintec Technology, Barings BDC, and Xponential Fitness. Hybrid Kinetic Group Limited, an investment holding company, develops and sells electric motor vehicles, battery managem... More
Hybrid Kinetic 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 Hybrid Kinetic'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 Hybrid Kinetic Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 97.5 |
Hybrid Kinetic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hybrid Kinetic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hybrid Kinetic's standard deviation. In reality, there are many statistical measures that can use Hybrid Kinetic historical prices to predict the future Hybrid Kinetic's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.62) | |||
| Total Risk Alpha | (2.98) | |||
| Treynor Ratio | (1.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hybrid Kinetic'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.
Hybrid Kinetic Group Backtested Returns
Hybrid Kinetic Group holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Hybrid Kinetic Group exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hybrid Kinetic's Risk Adjusted Performance of (0.08), standard deviation of 12.0, and Market Risk Adjusted Performance of (1.01) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.45, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hybrid Kinetic will likely underperform. At this point, Hybrid Kinetic Group has a negative expected return of -1.5%. Please make sure to check out Hybrid Kinetic's market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if Hybrid Kinetic Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Hybrid Kinetic Group has no correlation between past and present. Overlapping area represents the amount of predictability between Hybrid Kinetic time series from 26th of December 2022 to 21st of December 2023 and 21st of December 2023 to 15th 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 Hybrid Kinetic Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Hybrid Kinetic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hybrid Kinetic Group lagged returns against current returns
Autocorrelation, which is Hybrid Kinetic 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 Hybrid Kinetic's pink sheet expected returns. We can calculate the autocorrelation of Hybrid Kinetic returns to help us make a trade decision. For example, suppose you find that Hybrid Kinetic 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 |
Hybrid Kinetic 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 Hybrid Kinetic pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hybrid Kinetic pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hybrid Kinetic pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hybrid Kinetic Lagged Returns
When evaluating Hybrid Kinetic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hybrid Kinetic pink sheet have on its future price. Hybrid Kinetic 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, Hybrid Kinetic autocorrelation shows the relationship between Hybrid Kinetic pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hybrid Kinetic Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hybrid Pink Sheet
Hybrid Kinetic financial ratios help investors to determine whether Hybrid Pink Sheet 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 Hybrid with respect to the benefits of owning Hybrid Kinetic security.