Knights Group (UK) Market Value
| KGH Stock | 122.00 1.00 0.83% |
| Symbol | Knights |
Knights Group '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 Knights Group'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 Knights Group.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Knights Group on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Knights Group Holdings or generate 0.0% return on investment in Knights Group over 30 days. Knights Group is related to or competes with Hollywood Bowl, G5 Entertainment, Centaur Media, Ubisoft Entertainment, Spirent Communications, Batm Advanced, and Grand Vision. Knights Group is entity of United Kingdom More
Knights Group 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 Knights Group'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 Knights Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.0 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.29 | |||
| Value At Risk | (5.14) | |||
| Potential Upside | 5.29 |
Knights Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Knights Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Knights Group's standard deviation. In reality, there are many statistical measures that can use Knights Group historical prices to predict the future Knights Group's volatility.| Risk Adjusted Performance | 0.0073 | |||
| Jensen Alpha | 0.0058 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0157 |
Knights Group Holdings Backtested Returns
At this point, Knights Group is very steady. Knights Group Holdings has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Knights Group, which you can use to evaluate the volatility of the firm. Please verify Knights Group's Risk Adjusted Performance of 0.0073, mean deviation of 2.09, and Downside Deviation of 3.0 to check out if the risk estimate we provide is consistent with the expected return of 0.0071%. The company secures a Beta (Market Risk) of -0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Knights Group are expected to decrease at a much lower rate. During the bear market, Knights Group is likely to outperform the market. Knights Group Holdings right now secures a risk of 3.1%. Please verify Knights Group Holdings treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to decide if Knights Group Holdings will be following its current price movements.
Auto-correlation | -0.67 |
Very good reverse predictability
Knights Group Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between Knights Group time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 Knights Group Holdings price movement. The serial correlation of -0.67 indicates that around 67.0% of current Knights Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1.56 |
Knights Group Holdings lagged returns against current returns
Autocorrelation, which is Knights Group 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 Knights Group's stock expected returns. We can calculate the autocorrelation of Knights Group returns to help us make a trade decision. For example, suppose you find that Knights Group 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 |
Knights Group 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 Knights Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Knights Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Knights Group stock over time.
Current vs Lagged Prices |
| Timeline |
Knights Group Lagged Returns
When evaluating Knights Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Knights Group stock have on its future price. Knights Group 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, Knights Group autocorrelation shows the relationship between Knights Group stock current value and its past values and can show if there is a momentum factor associated with investing in Knights Group Holdings.
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 Knights Stock
Knights Group financial ratios help investors to determine whether Knights 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 Knights with respect to the benefits of owning Knights Group security.