Kinepolis Group (Belgium) Market Value
| KIN Stock | EUR 34.15 0.60 1.79% |
| Symbol | Kinepolis |
Kinepolis 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 Kinepolis 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 Kinepolis Group.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Kinepolis Group on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Kinepolis Group NV or generate 0.0% return on investment in Kinepolis Group over 90 days. Kinepolis Group is related to or competes with Retail Estates, EVS Broadcast, Keyware Technologies, and Ion Beam. Kinepolis Group NV operates cinema complexes in Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland, Poland... More
Kinepolis 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 Kinepolis 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 Kinepolis Group NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.14 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.39 |
Kinepolis Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinepolis Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinepolis Group's standard deviation. In reality, there are many statistical measures that can use Kinepolis Group historical prices to predict the future Kinepolis Group's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | 0.0442 | |||
| Treynor Ratio | (0.56) |
Kinepolis Group NV Backtested Returns
Kinepolis Group NV has Sharpe Ratio of -0.0835, which conveys that the firm had a -0.0835 % return per unit of risk over the last 3 months. Kinepolis Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kinepolis Group's Mean Deviation of 1.23, standard deviation of 1.63, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kinepolis Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kinepolis Group is expected to be smaller as well. At this point, Kinepolis Group NV has a negative expected return of -0.14%. Please make sure to verify Kinepolis Group's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Kinepolis Group NV performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Kinepolis Group NV has modest predictability. Overlapping area represents the amount of predictability between Kinepolis Group time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Kinepolis Group NV price movement. The serial correlation of 0.55 indicates that about 55.0% of current Kinepolis Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 4.2 |
Kinepolis Group NV lagged returns against current returns
Autocorrelation, which is Kinepolis 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 Kinepolis Group's stock expected returns. We can calculate the autocorrelation of Kinepolis Group returns to help us make a trade decision. For example, suppose you find that Kinepolis 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 |
Kinepolis 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 Kinepolis Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinepolis Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinepolis Group stock over time.
Current vs Lagged Prices |
| Timeline |
Kinepolis Group Lagged Returns
When evaluating Kinepolis Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinepolis Group stock have on its future price. Kinepolis 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, Kinepolis Group autocorrelation shows the relationship between Kinepolis Group stock current value and its past values and can show if there is a momentum factor associated with investing in Kinepolis Group NV.
Regressed Prices |
| Timeline |
Pair Trading with Kinepolis Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kinepolis Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kinepolis Group will appreciate offsetting losses from the drop in the long position's value.Moving against Kinepolis Stock
| 0.85 | ABI | Anheuser Busch Inbev | PairCorr |
| 0.85 | AGS | ageas SANV | PairCorr |
| 0.75 | CAMB | Campine | PairCorr |
| 0.74 | SOLB | Solvay SA | PairCorr |
| 0.71 | GBLB | Groep Brussel Lambert | PairCorr |
The ability to find closely correlated positions to Kinepolis Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinepolis Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kinepolis Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kinepolis Group NV to buy it.
The correlation of Kinepolis Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kinepolis Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinepolis Group NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kinepolis Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Kinepolis Stock Analysis
When running Kinepolis Group's price analysis, check to measure Kinepolis 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 Kinepolis Group is operating at the current time. Most of Kinepolis Group's value examination focuses on studying past and present price action to predict the probability of Kinepolis 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 Kinepolis Group's price. Additionally, you may evaluate how the addition of Kinepolis Group to your portfolios can decrease your overall portfolio volatility.