Kellton Tech (India) Market Value
| KELLTONTEC | 153.62 1.75 1.13% |
| Symbol | Kellton |
Kellton Tech '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 Kellton Tech'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 Kellton Tech.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in Kellton Tech on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding Kellton Tech Solutions or generate 0.0% return on investment in Kellton Tech over 30 days. Kellton Tech is related to or competes with Coffee Day, Hybrid Financial, Hilton Metal, Karur Vysya, Rajnandini Metal, and Associated Alcohols. More
Kellton Tech 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 Kellton Tech'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 Kellton Tech Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.34 | |||
| Information Ratio | 0.0288 | |||
| Maximum Drawdown | 23.88 | |||
| Value At Risk | (6.18) | |||
| Potential Upside | 6.16 |
Kellton Tech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kellton Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kellton Tech's standard deviation. In reality, there are many statistical measures that can use Kellton Tech historical prices to predict the future Kellton Tech's volatility.| Risk Adjusted Performance | 0.0383 | |||
| Jensen Alpha | 0.115 | |||
| Total Risk Alpha | 0.0406 | |||
| Sortino Ratio | 0.0341 | |||
| Treynor Ratio | 0.1404 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kellton Tech'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.
Kellton Tech Solutions Backtested Returns
Kellton Tech appears to be out of control, given 3 months investment horizon. Kellton Tech Solutions has Sharpe Ratio of 0.0642, which conveys that the firm had a 0.0642 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Kellton Tech, which you can use to evaluate the volatility of the firm. Please exercise Kellton Tech's Risk Adjusted Performance of 0.0383, mean deviation of 2.8, and Downside Deviation of 3.34 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kellton Tech holds a performance score of 5. The company secures a Beta (Market Risk) of 0.95, which conveys possible diversification benefits within a given portfolio. Kellton Tech returns are very sensitive to returns on the market. As the market goes up or down, Kellton Tech is expected to follow. Please check Kellton Tech's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Kellton Tech's current price movements will revert.
Auto-correlation | -0.22 |
Weak reverse predictability
Kellton Tech Solutions has weak reverse predictability. Overlapping area represents the amount of predictability between Kellton Tech time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th 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 Kellton Tech Solutions price movement. The serial correlation of -0.22 indicates that over 22.0% of current Kellton Tech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 78.33 |
Kellton Tech Solutions lagged returns against current returns
Autocorrelation, which is Kellton Tech 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 Kellton Tech's stock expected returns. We can calculate the autocorrelation of Kellton Tech returns to help us make a trade decision. For example, suppose you find that Kellton Tech 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 |
Kellton Tech 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 Kellton Tech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kellton Tech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kellton Tech stock over time.
Current vs Lagged Prices |
| Timeline |
Kellton Tech Lagged Returns
When evaluating Kellton Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kellton Tech stock have on its future price. Kellton Tech 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, Kellton Tech autocorrelation shows the relationship between Kellton Tech stock current value and its past values and can show if there is a momentum factor associated with investing in Kellton Tech Solutions.
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 Kellton Stock
Kellton Tech financial ratios help investors to determine whether Kellton 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 Kellton with respect to the benefits of owning Kellton Tech security.