Kap Industrial (South Africa) Market Value
| KAP Stock | 297.00 3.00 1.02% |
| Symbol | Kap |
Kap Industrial '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 Kap Industrial'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 Kap Industrial.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Kap Industrial on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Kap Industrial Holdings or generate 0.0% return on investment in Kap Industrial over 90 days. Kap Industrial is related to or competes with Advtech, British Amer, and HomeChoice Investments. More
Kap Industrial 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 Kap Industrial'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 Kap Industrial Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 11.74 | |||
| Value At Risk | (4.56) | |||
| Potential Upside | 5.15 |
Kap Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kap Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kap Industrial's standard deviation. In reality, there are many statistical measures that can use Kap Industrial historical prices to predict the future Kap Industrial's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | 0.26 | |||
| Treynor Ratio | (0.71) |
Kap Industrial Holdings Backtested Returns
At this point, Kap Industrial is very steady. Kap Industrial Holdings has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Kap Industrial, which you can use to evaluate the volatility of the firm. Please verify Kap Industrial's Risk Adjusted Performance of (0.04), standard deviation of 2.81, and Mean Deviation of 2.11 to check out if the risk estimate we provide is consistent with the expected return of 0.0015%. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kap Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kap Industrial is expected to be smaller as well. Kap Industrial Holdings right now secures a risk of 2.87%. Please verify Kap Industrial Holdings kurtosis, day median price, and the relationship between the potential upside and daily balance of power , to decide if Kap Industrial Holdings will be following its current price movements.
Auto-correlation | -0.57 |
Good reverse predictability
Kap Industrial Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Kap Industrial time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Kap Industrial Holdings price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Kap Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 150.1 |
Kap Industrial Holdings lagged returns against current returns
Autocorrelation, which is Kap Industrial 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 Kap Industrial's stock expected returns. We can calculate the autocorrelation of Kap Industrial returns to help us make a trade decision. For example, suppose you find that Kap Industrial 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 |
Kap Industrial 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 Kap Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kap Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kap Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
Kap Industrial Lagged Returns
When evaluating Kap Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kap Industrial stock have on its future price. Kap Industrial 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, Kap Industrial autocorrelation shows the relationship between Kap Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in Kap Industrial Holdings.
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.Other Information on Investing in Kap Stock
Kap Industrial financial ratios help investors to determine whether Kap 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 Kap with respect to the benefits of owning Kap Industrial security.