KBC Groep (Belgium) Market Value
| KBC Stock | EUR 84.26 0.48 0.57% |
| Symbol | KBC |
KBC Groep '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 KBC Groep'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 KBC Groep.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in KBC Groep on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding KBC Groep NV or generate 0.0% return on investment in KBC Groep over 90 days. KBC Groep is related to or competes with Ageas SANV, Solvay SA, Etablissementen Franz, Groep Brussel, and UCB SA. KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private ... More
KBC Groep 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 KBC Groep'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 KBC Groep NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.238 | |||
| Maximum Drawdown | 6.48 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 3.37 |
KBC Groep Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KBC Groep's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KBC Groep's standard deviation. In reality, there are many statistical measures that can use KBC Groep historical prices to predict the future KBC Groep's volatility.| Risk Adjusted Performance | 0.1514 | |||
| Jensen Alpha | 0.2638 | |||
| Total Risk Alpha | 0.4145 | |||
| Sortino Ratio | 0.3054 | |||
| Treynor Ratio | 0.8545 |
KBC Groep NV Backtested Returns
KBC Groep appears to be very steady, given 3 months investment horizon. KBC Groep NV retains Efficiency (Sharpe Ratio) of 0.17, which conveys that the company had a 0.17 % return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for KBC Groep, which you can use to evaluate the volatility of the entity. Please exercise KBC Groep's Mean Deviation of 1.02, market risk adjusted performance of 0.8645, and Downside Deviation of 1.12 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KBC Groep holds a performance score of 13. The firm owns a Beta (Systematic Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KBC Groep's returns are expected to increase less than the market. However, during the bear market, the loss of holding KBC Groep is expected to be smaller as well. Please check KBC Groep's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether KBC Groep's current price history will revert.
Auto-correlation | 0.41 |
Average predictability
KBC Groep NV has average predictability. Overlapping area represents the amount of predictability between KBC Groep time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 KBC Groep NV price movement. The serial correlation of 0.41 indicates that just about 41.0% of current KBC Groep price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 17.23 |
KBC Groep NV lagged returns against current returns
Autocorrelation, which is KBC Groep 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 KBC Groep's stock expected returns. We can calculate the autocorrelation of KBC Groep returns to help us make a trade decision. For example, suppose you find that KBC Groep 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 |
KBC Groep 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 KBC Groep stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KBC Groep stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KBC Groep stock over time.
Current vs Lagged Prices |
| Timeline |
KBC Groep Lagged Returns
When evaluating KBC Groep's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KBC Groep stock have on its future price. KBC Groep 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, KBC Groep autocorrelation shows the relationship between KBC Groep stock current value and its past values and can show if there is a momentum factor associated with investing in KBC Groep NV.
Regressed Prices |
| Timeline |
Pair Trading with KBC Groep
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KBC Groep position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KBC Groep will appreciate offsetting losses from the drop in the long position's value.Moving together with KBC Stock
Moving against KBC Stock
The ability to find closely correlated positions to KBC Groep could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KBC Groep when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KBC Groep - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KBC Groep NV to buy it.
The correlation of KBC Groep is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KBC Groep moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KBC Groep NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KBC Groep can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for KBC Stock Analysis
When running KBC Groep's price analysis, check to measure KBC Groep'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 KBC Groep is operating at the current time. Most of KBC Groep's value examination focuses on studying past and present price action to predict the probability of KBC Groep's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KBC Groep's price. Additionally, you may evaluate how the addition of KBC Groep to your portfolios can decrease your overall portfolio volatility.