Kraig Biocraft Labs Stock Market Value
| KBLB Stock | USD 0.12 0.01 9.09% |
| Symbol | Kraig |
Kraig Biocraft '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 Kraig Biocraft's otc 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 Kraig Biocraft.
| 06/14/2024 |
| 12/11/2024 |
If you would invest 0.00 in Kraig Biocraft on June 14, 2024 and sell it all today you would earn a total of 0.00 from holding Kraig Biocraft Labs or generate 0.0% return on investment in Kraig Biocraft over 180 days. Kraig Biocraft is related to or competes with Symrise Ag, Novozymes, International Flavors, Air Products, Oil Dri, Quaker Chemical, and Ecovyst. Kraig Biocraft Laboratories, Inc. engages in developing protein-based fibers using recombinant DNA technology for commer... More
Kraig Biocraft 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 Kraig Biocraft's otc 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 Kraig Biocraft Labs upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0956 | |||
| Maximum Drawdown | 23.61 | |||
| Value At Risk | (4.37) | |||
| Potential Upside | 11.11 |
Kraig Biocraft Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kraig Biocraft's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kraig Biocraft's standard deviation. In reality, there are many statistical measures that can use Kraig Biocraft historical prices to predict the future Kraig Biocraft's volatility.| Risk Adjusted Performance | 0.099 | |||
| Jensen Alpha | 0.5026 | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 8.3 |
Kraig Biocraft Labs Backtested Returns
Kraig Biocraft appears to be out of control, given 3 months investment horizon. Kraig Biocraft Labs has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Kraig Biocraft's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Kraig Biocraft's Risk Adjusted Performance of 0.099, mean deviation of 2.07, and Standard Deviation of 4.14 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kraig Biocraft holds a performance score of 11. The company secures a Beta (Market Risk) of 0.0614, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kraig Biocraft's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kraig Biocraft is expected to be smaller as well. Please check Kraig Biocraft's potential upside, day median price, and the relationship between the total risk alpha and accumulation distribution , to make a quick decision on whether Kraig Biocraft's current price movements will revert.
Auto-correlation | -0.33 |
Poor reverse predictability
Kraig Biocraft Labs has poor reverse predictability. Overlapping area represents the amount of predictability between Kraig Biocraft time series from 14th of June 2024 to 12th of September 2024 and 12th of September 2024 to 11th 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 Kraig Biocraft Labs price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Kraig Biocraft price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kraig Biocraft Labs lagged returns against current returns
Autocorrelation, which is Kraig Biocraft otc 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 Kraig Biocraft's otc stock expected returns. We can calculate the autocorrelation of Kraig Biocraft returns to help us make a trade decision. For example, suppose you find that Kraig Biocraft has exhibited high autocorrelation historically, and you observe that the otc 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 |
Kraig Biocraft 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 Kraig Biocraft otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kraig Biocraft otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kraig Biocraft otc stock over time.
Current vs Lagged Prices |
| Timeline |
Kraig Biocraft Lagged Returns
When evaluating Kraig Biocraft's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kraig Biocraft otc stock have on its future price. Kraig Biocraft 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, Kraig Biocraft autocorrelation shows the relationship between Kraig Biocraft otc stock current value and its past values and can show if there is a momentum factor associated with investing in Kraig Biocraft Labs.
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.Other Information on Investing in Kraig OTC Stock
Kraig Biocraft financial ratios help investors to determine whether Kraig OTC 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 Kraig with respect to the benefits of owning Kraig Biocraft security.