KEISEI EL's market value is the price at which a share of KEISEI EL trades on a public exchange. It measures the collective expectations of KEISEI EL RAILWAY investors about its performance. KEISEI EL is selling for under 8.65 as of the 28th of December 2024; that is 2.98 percent increase since the beginning of the trading day. The stock's last reported lowest price was 8.6. With this module, you can estimate the performance of a buy and hold strategy of KEISEI EL RAILWAY and determine expected loss or profit from investing in KEISEI EL over a given investment horizon. Check out KEISEI EL Correlation, KEISEI EL Volatility and KEISEI EL Alpha and Beta module to complement your research on KEISEI EL.
Please note, there is a significant difference between KEISEI EL's value and its price as these two are different measures arrived at by different means. Investors typically determine if KEISEI EL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KEISEI EL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
KEISEI EL '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 KEISEI EL'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 KEISEI EL.
0.00
07/01/2024
No Change 0.00
0.0
In 5 months and 29 days
12/28/2024
0.00
If you would invest 0.00 in KEISEI EL on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding KEISEI EL RAILWAY or generate 0.0% return on investment in KEISEI EL over 180 days. KEISEI EL is related to or competes with Apple, and Microsoft. More
KEISEI EL 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 KEISEI EL'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 KEISEI EL RAILWAY upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for KEISEI EL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KEISEI EL's standard deviation. In reality, there are many statistical measures that can use KEISEI EL historical prices to predict the future KEISEI EL's volatility.
Currently, KEISEI EL RAILWAY is somewhat reliable. KEISEI EL RAILWAY has Sharpe Ratio of 0.0032, which conveys that the firm had a 0.0032% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for KEISEI EL, which you can use to evaluate the volatility of the firm. Please verify KEISEI EL's mean deviation of 1.87, and Risk Adjusted Performance of 0.0064 to check out if the risk estimate we provide is consistent with the expected return of 0.0088%. The company secures a Beta (Market Risk) of -0.0293, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KEISEI EL are expected to decrease at a much lower rate. During the bear market, KEISEI EL is likely to outperform the market. KEISEI EL RAILWAY now secures a risk of 2.78%. Please verify KEISEI EL RAILWAY treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if KEISEI EL RAILWAY will be following its current price movements.
Auto-correlation
0.06
Virtually no predictability
KEISEI EL RAILWAY has virtually no predictability. Overlapping area represents the amount of predictability between KEISEI EL time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 KEISEI EL RAILWAY price movement. The serial correlation of 0.06 indicates that barely 6.0% of current KEISEI EL price fluctuation can be explain by its past prices.
Correlation Coefficient
0.06
Spearman Rank Test
-0.12
Residual Average
0.0
Price Variance
0.26
KEISEI EL RAILWAY lagged returns against current returns
Autocorrelation, which is KEISEI EL 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 KEISEI EL's stock expected returns. We can calculate the autocorrelation of KEISEI EL returns to help us make a trade decision. For example, suppose you find that KEISEI EL 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
KEISEI EL 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 KEISEI EL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KEISEI EL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KEISEI EL stock over time.
Current vs Lagged Prices
Timeline
KEISEI EL Lagged Returns
When evaluating KEISEI EL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KEISEI EL stock have on its future price. KEISEI EL 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, KEISEI EL autocorrelation shows the relationship between KEISEI EL stock current value and its past values and can show if there is a momentum factor associated with investing in KEISEI EL RAILWAY.
Regressed Prices
Timeline
Thematic Opportunities
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When running KEISEI EL's price analysis, check to measure KEISEI EL'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 KEISEI EL is operating at the current time. Most of KEISEI EL's value examination focuses on studying past and present price action to predict the probability of KEISEI EL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KEISEI EL's price. Additionally, you may evaluate how the addition of KEISEI EL to your portfolios can decrease your overall portfolio volatility.