Kitwave Group (UK) Market Value

KITW Stock   264.00  7.00  2.72%   
Kitwave Group's market value is the price at which a share of Kitwave Group trades on a public exchange. It measures the collective expectations of Kitwave Group PLC investors about its performance. Kitwave Group is selling for under 264.00 as of the 18th of March 2025; that is 2.72 percent increase since the beginning of the trading day. The stock's lowest day price was 256.5.
With this module, you can estimate the performance of a buy and hold strategy of Kitwave Group PLC and determine expected loss or profit from investing in Kitwave Group over a given investment horizon. Check out Kitwave Group Correlation, Kitwave Group Volatility and Kitwave Group Alpha and Beta module to complement your research on Kitwave Group.
Symbol

Please note, there is a significant difference between Kitwave Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kitwave Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kitwave Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Kitwave 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 Kitwave 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 Kitwave Group.
0.00
12/18/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/18/2025
0.00
If you would invest  0.00  in Kitwave Group on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Kitwave Group PLC or generate 0.0% return on investment in Kitwave Group over 90 days. Kitwave Group is related to or competes with Vitec Software, Alfa Financial, Iron Mountain, Ashtead Technology, Sunny Optical, Auction Technology, and Microchip Technology. Kitwave Group is entity of United Kingdom More

Kitwave 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 Kitwave 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 Kitwave Group PLC upside and downside potential and time the market with a certain degree of confidence.

Kitwave Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Kitwave Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kitwave Group's standard deviation. In reality, there are many statistical measures that can use Kitwave Group historical prices to predict the future Kitwave Group's volatility.
Hype
Prediction
LowEstimatedHigh
259.33261.35290.40
Details
Intrinsic
Valuation
LowRealHigh
238.22240.24290.40
Details
Earnings
Estimates (0)
LowProjected EPSHigh
7.077.167.25
Details

Kitwave Group PLC Backtested Returns

Kitwave Group PLC has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1 % return per unit of risk over the last 3 months. Kitwave Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kitwave Group's Risk Adjusted Performance of (0.12), standard deviation of 1.92, and Mean Deviation of 1.3 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kitwave Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kitwave Group is expected to be smaller as well. At this point, Kitwave Group PLC has a negative expected return of -0.21%. Please make sure to verify Kitwave Group's maximum drawdown, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Kitwave Group PLC performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.72  

Good predictability

Kitwave Group PLC has good predictability. Overlapping area represents the amount of predictability between Kitwave Group time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Kitwave Group PLC price movement. The serial correlation of 0.72 indicates that around 72.0% of current Kitwave Group price fluctuation can be explain by its past prices.
Correlation Coefficient0.72
Spearman Rank Test0.62
Residual Average0.0
Price Variance184.53

Kitwave Group PLC lagged returns against current returns

Autocorrelation, which is Kitwave 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 Kitwave Group's stock expected returns. We can calculate the autocorrelation of Kitwave Group returns to help us make a trade decision. For example, suppose you find that Kitwave 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  

Kitwave 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 Kitwave Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kitwave Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kitwave Group stock over time.
   Current vs Lagged Prices   
       Timeline  

Kitwave Group Lagged Returns

When evaluating Kitwave Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kitwave Group stock have on its future price. Kitwave 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, Kitwave Group autocorrelation shows the relationship between Kitwave Group stock current value and its past values and can show if there is a momentum factor associated with investing in Kitwave Group PLC.
   Regressed Prices   
       Timeline  

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Additional Tools for Kitwave Stock Analysis

When running Kitwave Group's price analysis, check to measure Kitwave 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 Kitwave Group is operating at the current time. Most of Kitwave Group's value examination focuses on studying past and present price action to predict the probability of Kitwave 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 Kitwave Group's price. Additionally, you may evaluate how the addition of Kitwave Group to your portfolios can decrease your overall portfolio volatility.