Kingdee International (Germany) Market Value
| KDIC Stock | EUR 0.99 0.05 4.81% |
| Symbol | Kingdee |
Kingdee International '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 Kingdee International'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 Kingdee International.
| 12/16/2024 |
| 01/15/2025 |
If you would invest 0.00 in Kingdee International on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Kingdee International Software or generate 0.0% return on investment in Kingdee International over 30 days. Kingdee International is related to or competes with Keck Seng, Apollo Investment, ALERION CLEANPOWER, Luckin Coffee, Ultra Clean, Darden Restaurants, and BJs Restaurants. Kingdee International Software Group Company Limited, an investment holding company, engages in enterprise resource plan... More
Kingdee International 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 Kingdee International'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 Kingdee International Software upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 16.92 | |||
| Value At Risk | (6.80) | |||
| Potential Upside | 5.38 |
Kingdee International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kingdee International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kingdee International's standard deviation. In reality, there are many statistical measures that can use Kingdee International historical prices to predict the future Kingdee International's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.74) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kingdee International'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.
Kingdee International Backtested Returns
At this point, Kingdee International is extremely dangerous. Kingdee International has Sharpe Ratio of 0.0086, which conveys that the firm had a 0.0086% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Kingdee International, which you can use to evaluate the volatility of the firm. Please verify Kingdee International's Risk Adjusted Performance of (0.06), mean deviation of 2.93, and Standard Deviation of 4.11 to check out if the risk estimate we provide is consistent with the expected return of 0.0313%. The company secures a Beta (Market Risk) of 0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kingdee International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kingdee International is expected to be smaller as well. Kingdee International right now secures a risk of 3.65%. Please verify Kingdee International Software treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if Kingdee International Software will be following its current price movements.
Auto-correlation | -0.85 |
Excellent reverse predictability
Kingdee International Software has excellent reverse predictability. Overlapping area represents the amount of predictability between Kingdee International time series from 16th of December 2024 to 31st of December 2024 and 31st of December 2024 to 15th 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 Kingdee International price movement. The serial correlation of -0.85 indicates that around 85.0% of current Kingdee International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.85 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kingdee International lagged returns against current returns
Autocorrelation, which is Kingdee International 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 Kingdee International's stock expected returns. We can calculate the autocorrelation of Kingdee International returns to help us make a trade decision. For example, suppose you find that Kingdee International 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 |
Kingdee International 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 Kingdee International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kingdee International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kingdee International stock over time.
Current vs Lagged Prices |
| Timeline |
Kingdee International Lagged Returns
When evaluating Kingdee International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kingdee International stock have on its future price. Kingdee International 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, Kingdee International autocorrelation shows the relationship between Kingdee International stock current value and its past values and can show if there is a momentum factor associated with investing in Kingdee International Software.
Regressed Prices |
| Timeline |
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Other Information on Investing in Kingdee Stock
Kingdee International financial ratios help investors to determine whether Kingdee 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 Kingdee with respect to the benefits of owning Kingdee International security.