Kingspan Group Plc Stock Market Value
| KGSPY Stock | USD 90.32 3.96 4.59% |
| Symbol | Kingspan |
Kingspan 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 Kingspan Group's pink sheet 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 Kingspan Group.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Kingspan Group on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Kingspan Group PLC or generate 0.0% return on investment in Kingspan Group over 90 days. Kingspan Group is related to or competes with Carrier Global, Johnson Controls, Lennox International, Masco, and Carlisle Companies. Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in the Republic ... More
Kingspan 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 Kingspan Group's pink sheet 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 Kingspan Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.02 | |||
| Information Ratio | 0.1857 | |||
| Maximum Drawdown | 15.71 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 4.4 |
Kingspan Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kingspan Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kingspan Group's standard deviation. In reality, there are many statistical measures that can use Kingspan Group historical prices to predict the future Kingspan Group's volatility.| Risk Adjusted Performance | 0.1373 | |||
| Jensen Alpha | 0.4301 | |||
| Total Risk Alpha | 0.7501 | |||
| Sortino Ratio | 0.2535 | |||
| Treynor Ratio | 1.69 |
Kingspan Group PLC Backtested Returns
Kingspan Group appears to be very steady, given 3 months investment horizon. Kingspan Group PLC has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kingspan Group, which you can use to evaluate the volatility of the firm. Please exercise Kingspan Group's Downside Deviation of 2.02, risk adjusted performance of 0.1373, and Mean Deviation of 1.87 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kingspan Group holds a performance score of 11. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kingspan Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kingspan Group is expected to be smaller as well. Please check Kingspan Group's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Kingspan Group's current price movements will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Kingspan Group PLC has insignificant reverse predictability. Overlapping area represents the amount of predictability between Kingspan Group time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Kingspan Group PLC price movement. The serial correlation of -0.2 indicates that over 20.0% of current Kingspan Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 68.46 |
Kingspan Group PLC lagged returns against current returns
Autocorrelation, which is Kingspan Group pink sheet'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 Kingspan Group's pink sheet expected returns. We can calculate the autocorrelation of Kingspan Group returns to help us make a trade decision. For example, suppose you find that Kingspan Group has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Kingspan 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 Kingspan Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kingspan Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kingspan Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kingspan Group Lagged Returns
When evaluating Kingspan Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kingspan Group pink sheet have on its future price. Kingspan 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, Kingspan Group autocorrelation shows the relationship between Kingspan Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kingspan Group PLC.
Regressed Prices |
| Timeline |
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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.Additional Tools for Kingspan Pink Sheet Analysis
When running Kingspan Group's price analysis, check to measure Kingspan Group'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 Kingspan Group is operating at the current time. Most of Kingspan Group's value examination focuses on studying past and present price action to predict the probability of Kingspan Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingspan Group's price. Additionally, you may evaluate how the addition of Kingspan Group to your portfolios can decrease your overall portfolio volatility.