Kingboard Chemical Holdings Stock Market Value
| KBDCY Stock | USD 11.65 0.00 0.00% |
| Symbol | Kingboard |
Kingboard Chemical '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 Kingboard Chemical'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 Kingboard Chemical.
| 01/20/2023 |
| 01/09/2025 |
If you would invest 0.00 in Kingboard Chemical on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Kingboard Chemical Holdings or generate 0.0% return on investment in Kingboard Chemical over 720 days. Kingboard Chemical is related to or competes with Axalta Coating, Valhi, Highway Holdings, Origin Materials, Flexible Solutions, American Vanguard, and MYR. Kingboard Holdings Limited, an investment holding company, manufactures and sells laminates and printed circuit boards More
Kingboard Chemical 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 Kingboard Chemical'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 Kingboard Chemical Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0895 | |||
| Maximum Drawdown | 2.28 |
Kingboard Chemical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kingboard Chemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kingboard Chemical's standard deviation. In reality, there are many statistical measures that can use Kingboard Chemical historical prices to predict the future Kingboard Chemical's volatility.| Risk Adjusted Performance | 0.0804 | |||
| Jensen Alpha | 0.0245 | |||
| Total Risk Alpha | 0.0248 | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kingboard Chemical'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.
Kingboard Chemical Backtested Returns
At this stage we consider Kingboard Pink Sheet to be very steady. Kingboard Chemical has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Kingboard Chemical, which you can use to evaluate the volatility of the firm. Please verify Kingboard Chemical's Mean Deviation of 0.0681, standard deviation of 0.281, and Risk Adjusted Performance of 0.0804 to check out if the risk estimate we provide is consistent with the expected return of 0.0374%. Kingboard Chemical has a performance score of 10 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kingboard Chemical are expected to decrease at a much lower rate. During the bear market, Kingboard Chemical is likely to outperform the market. Kingboard Chemical right now secures a risk of 0.29%. Please verify Kingboard Chemical Holdings information ratio and rate of daily change , to decide if Kingboard Chemical Holdings will be following its current price movements.
Auto-correlation | 0.45 |
Average predictability
Kingboard Chemical Holdings has average predictability. Overlapping area represents the amount of predictability between Kingboard Chemical time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 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 Kingboard Chemical price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Kingboard Chemical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Kingboard Chemical lagged returns against current returns
Autocorrelation, which is Kingboard Chemical 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 Kingboard Chemical's pink sheet expected returns. We can calculate the autocorrelation of Kingboard Chemical returns to help us make a trade decision. For example, suppose you find that Kingboard Chemical 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 |
Kingboard Chemical 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 Kingboard Chemical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kingboard Chemical pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kingboard Chemical pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kingboard Chemical Lagged Returns
When evaluating Kingboard Chemical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kingboard Chemical pink sheet have on its future price. Kingboard Chemical 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, Kingboard Chemical autocorrelation shows the relationship between Kingboard Chemical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kingboard Chemical Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Additional Tools for Kingboard Pink Sheet Analysis
When running Kingboard Chemical's price analysis, check to measure Kingboard Chemical'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 Kingboard Chemical is operating at the current time. Most of Kingboard Chemical's value examination focuses on studying past and present price action to predict the probability of Kingboard Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingboard Chemical's price. Additionally, you may evaluate how the addition of Kingboard Chemical to your portfolios can decrease your overall portfolio volatility.