Kambi Group (Sweden) Market Value
| KAMBI Stock | SEK 102.50 2.20 2.10% |
| Symbol | Kambi |
Kambi Group '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 Kambi Group'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 Kambi Group.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Kambi Group on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Kambi Group PLC or generate 0.0% return on investment in Kambi Group over 30 days. Kambi Group is related to or competes with Evolution, Embracer Group, Betsson AB, and Catena Media. Kambi Group plc operates as a business-to-business supplier of managed sports betting services to business-to-consumer g... More
Kambi Group 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 Kambi Group'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 Kambi Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 20.18 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 2.69 |
Kambi Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kambi Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kambi Group's standard deviation. In reality, there are many statistical measures that can use Kambi Group historical prices to predict the future Kambi Group's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.1796 |
Kambi Group PLC Backtested Returns
Kambi Group PLC has Sharpe Ratio of -0.0446, which conveys that the firm had a -0.0446% return per unit of risk over the last 3 months. Kambi Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kambi Group's Risk Adjusted Performance of (0.04), mean deviation of 1.6, and Standard Deviation of 2.59 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.92, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Kambi Group are expected to decrease slowly. On the other hand, during market turmoil, Kambi Group is expected to outperform it slightly. At this point, Kambi Group PLC has a negative expected return of -0.12%. Please make sure to verify Kambi Group's maximum drawdown, daily balance of power, relative strength index, as well as the relationship between the skewness and day typical price , to decide if Kambi Group PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Kambi Group PLC has insignificant reverse predictability. Overlapping area represents the amount of predictability between Kambi Group time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Kambi Group PLC price movement. The serial correlation of -0.19 indicates that over 19.0% of current Kambi Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 2.75 |
Kambi Group PLC lagged returns against current returns
Autocorrelation, which is Kambi Group 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 Kambi Group's stock expected returns. We can calculate the autocorrelation of Kambi Group returns to help us make a trade decision. For example, suppose you find that Kambi Group 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 |
Kambi Group 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 Kambi Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kambi Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kambi Group stock over time.
Current vs Lagged Prices |
| Timeline |
Kambi Group Lagged Returns
When evaluating Kambi Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kambi Group stock have on its future price. Kambi Group 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, Kambi Group autocorrelation shows the relationship between Kambi Group stock current value and its past values and can show if there is a momentum factor associated with investing in Kambi Group PLC.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Kambi Stock Analysis
When running Kambi Group's price analysis, check to measure Kambi Group'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 Kambi Group is operating at the current time. Most of Kambi Group's value examination focuses on studying past and present price action to predict the probability of Kambi Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kambi Group's price. Additionally, you may evaluate how the addition of Kambi Group to your portfolios can decrease your overall portfolio volatility.