K Fast (Sweden) Market Value
| KFAST-B Stock | SEK 19.70 0.28 1.40% |
| Symbol | KFAST-B |
K Fast '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 K Fast'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 K Fast.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in K Fast on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding K Fast Holding AB or generate 0.0% return on investment in K Fast over 90 days. K Fast is related to or competes with Fastighets, Dios Fastigheter, Corem Property, and Atrium Ljungberg. K-Fast Holding AB operates as a project development, construction, and property management company in Sweden More
K Fast 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 K Fast'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 K Fast Holding AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 10.28 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 3.22 |
K Fast Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for K Fast's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as K Fast's standard deviation. In reality, there are many statistical measures that can use K Fast historical prices to predict the future K Fast's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (0.79) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of K Fast'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.
K Fast Holding Backtested Returns
K Fast Holding has Sharpe Ratio of -0.11, which conveys that the company had a -0.11% return per unit of risk over the last 3 months. K Fast exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify K Fast's Mean Deviation of 1.68, coefficient of variation of (740.26), and Standard Deviation of 2.12 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, K Fast's returns are expected to increase less than the market. However, during the bear market, the loss of holding K Fast is expected to be smaller as well. At this point, K Fast Holding has a negative expected return of -0.22%. Please make sure to verify K Fast's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if K Fast Holding performance from the past will be repeated sooner or later.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
K Fast Holding AB has almost perfect reverse predictability. Overlapping area represents the amount of predictability between K Fast time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 K Fast Holding price movement. The serial correlation of -0.74 indicates that around 74.0% of current K Fast price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 2.32 |
K Fast Holding lagged returns against current returns
Autocorrelation, which is K Fast 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 K Fast's stock expected returns. We can calculate the autocorrelation of K Fast returns to help us make a trade decision. For example, suppose you find that K Fast 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 |
K Fast 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 K Fast stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if K Fast stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in K Fast stock over time.
Current vs Lagged Prices |
| Timeline |
K Fast Lagged Returns
When evaluating K Fast's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of K Fast stock have on its future price. K Fast 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, K Fast autocorrelation shows the relationship between K Fast stock current value and its past values and can show if there is a momentum factor associated with investing in K Fast Holding AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in KFAST-B Stock
K Fast financial ratios help investors to determine whether KFAST-B 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 KFAST-B with respect to the benefits of owning K Fast security.