KASPIKZ 1 (Germany) Market Value
| KKS Stock | EUR 88.00 0.50 0.57% |
| Symbol | KASPIKZ |
KASPIKZ 1 '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 KASPIKZ 1'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 KASPIKZ 1.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in KASPIKZ 1 on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding KASPIKZ 1 or generate 0.0% return on investment in KASPIKZ 1 over 90 days. KASPIKZ 1 is related to or competes with Sibanye Stillwater, Impala Platinum, Cellink AB, and Mowi ASA. Kaspi Bank Joint Stock Company provides financial services primarily through the online mobile app in the Republic of Ka... More
KASPIKZ 1 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 KASPIKZ 1'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 KASPIKZ 1 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 11.84 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 3.33 |
KASPIKZ 1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KASPIKZ 1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KASPIKZ 1's standard deviation. In reality, there are many statistical measures that can use KASPIKZ 1 historical prices to predict the future KASPIKZ 1's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | 0.0588 | |||
| Treynor Ratio | (0.48) |
KASPIKZ 1 Backtested Returns
KASPIKZ 1 has Sharpe Ratio of -0.0609, which conveys that the company had a -0.0609 % return per unit of volatility over the last 3 months. KASPIKZ 1 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KASPIKZ 1's Market Risk Adjusted Performance of (0.47), mean deviation of 1.61, and Standard Deviation of 2.25 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KASPIKZ 1's returns are expected to increase less than the market. However, during the bear market, the loss of holding KASPIKZ 1 is expected to be smaller as well. At this point, KASPIKZ 1 has a negative expected return of -0.14%. Please make sure to verify KASPIKZ 1's daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if KASPIKZ 1 performance from the past will be repeated in the future.
Auto-correlation | -0.26 |
Weak reverse predictability
KASPIKZ 1 has weak reverse predictability. Overlapping area represents the amount of predictability between KASPIKZ 1 time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 KASPIKZ 1 price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current KASPIKZ 1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 20.58 |
KASPIKZ 1 lagged returns against current returns
Autocorrelation, which is KASPIKZ 1 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 KASPIKZ 1's stock expected returns. We can calculate the autocorrelation of KASPIKZ 1 returns to help us make a trade decision. For example, suppose you find that KASPIKZ 1 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 |
KASPIKZ 1 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 KASPIKZ 1 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KASPIKZ 1 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KASPIKZ 1 stock over time.
Current vs Lagged Prices |
| Timeline |
KASPIKZ 1 Lagged Returns
When evaluating KASPIKZ 1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KASPIKZ 1 stock have on its future price. KASPIKZ 1 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, KASPIKZ 1 autocorrelation shows the relationship between KASPIKZ 1 stock current value and its past values and can show if there is a momentum factor associated with investing in KASPIKZ 1.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in KASPIKZ Stock
KASPIKZ 1 financial ratios help investors to determine whether KASPIKZ 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 KASPIKZ with respect to the benefits of owning KASPIKZ 1 security.