KEC International (India) Market Value
| KEC Stock | 671.60 43.00 6.02% |
| Symbol | KEC |
KEC 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 KEC 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 KEC International.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in KEC International on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding KEC International Limited or generate 0.0% return on investment in KEC International over 90 days. KEC International is related to or competes with State Trading, Silly Monks, Nalwa Sons, Jindal Poly, DJ Mediaprint, Infomedia Press, and Bharatiya Global. KEC International is entity of India. It is traded as Stock on NSE exchange. More
KEC 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 KEC 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 KEC International Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 11.54 | |||
| Value At Risk | (5.72) | |||
| Potential Upside | 3.93 |
KEC International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KEC International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KEC International's standard deviation. In reality, there are many statistical measures that can use KEC International historical prices to predict the future KEC International's volatility.| Risk Adjusted Performance | (0.23) | |||
| Jensen Alpha | (0.92) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 0.9252 |
KEC International Backtested Returns
KEC International retains Efficiency (Sharpe Ratio) of -0.28, which conveys that the firm had a -0.28 % return per unit of return volatility over the last 3 months. KEC International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KEC International's Mean Deviation of 2.45, market risk adjusted performance of 0.9352, and Standard Deviation of 3.02 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.89, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning KEC International are expected to decrease slowly. On the other hand, during market turmoil, KEC International is expected to outperform it slightly. At this point, KEC International has a negative expected return of -0.87%. Please make sure to verify KEC International's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if KEC International performance from the past will be repeated in the future.
Auto-correlation | 0.79 |
Good predictability
KEC International Limited has good predictability. Overlapping area represents the amount of predictability between KEC International time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 KEC International price movement. The serial correlation of 0.79 indicates that around 79.0% of current KEC International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 2739.15 |
KEC International lagged returns against current returns
Autocorrelation, which is KEC 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 KEC International's stock expected returns. We can calculate the autocorrelation of KEC International returns to help us make a trade decision. For example, suppose you find that KEC 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 |
KEC 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 KEC International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KEC International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KEC International stock over time.
Current vs Lagged Prices |
| Timeline |
KEC International Lagged Returns
When evaluating KEC International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KEC International stock have on its future price. KEC 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, KEC International autocorrelation shows the relationship between KEC International stock current value and its past values and can show if there is a momentum factor associated with investing in KEC International Limited.
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 KEC Stock
KEC International financial ratios help investors to determine whether KEC 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 KEC with respect to the benefits of owning KEC International security.