KMBB34 (Brazil) Market Value
| KMBB34 Stock | BRL 823.20 23.73 2.97% |
| Symbol | KMBB34 |
KMBB34 '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 KMBB34'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 KMBB34.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in KMBB34 on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding KMBB34 or generate 0.0% return on investment in KMBB34 over 720 days. KMBB34 is related to or competes with Unilever PLC, Colgate Palmolive, Coty, Natura Co, Bombril SA, Mundial SA, and Hrcules SA. Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue p... More
KMBB34 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 KMBB34'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 KMBB34 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | 0.0471 | |||
| Maximum Drawdown | 8.42 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 2.97 |
KMBB34 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KMBB34's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KMBB34's standard deviation. In reality, there are many statistical measures that can use KMBB34 historical prices to predict the future KMBB34's volatility.| Risk Adjusted Performance | 0.061 | |||
| Jensen Alpha | 0.0844 | |||
| Total Risk Alpha | 0.0468 | |||
| Sortino Ratio | 0.0248 | |||
| Treynor Ratio | (1.15) |
KMBB34 Backtested Returns
At this point, KMBB34 is very steady. KMBB34 retains Efficiency (Sharpe Ratio) of 0.0903, which conveys that the firm had a 0.0903% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for KMBB34, which you can use to evaluate the volatility of the firm. Please verify KMBB34's Mean Deviation of 0.6659, market risk adjusted performance of (1.14), and Downside Deviation of 2.44 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. KMBB34 has a performance score of 7 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.072, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KMBB34 are expected to decrease at a much lower rate. During the bear market, KMBB34 is likely to outperform the market. KMBB34 now owns a risk of 1.28%. Please verify KMBB34 mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to decide if KMBB34 will be following its current price history.
Auto-correlation | -0.68 |
Very good reverse predictability
KMBB34 has very good reverse predictability. Overlapping area represents the amount of predictability between KMBB34 time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of KMBB34 price movement. The serial correlation of -0.68 indicates that around 68.0% of current KMBB34 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 6377.76 |
KMBB34 lagged returns against current returns
Autocorrelation, which is KMBB34 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 KMBB34's stock expected returns. We can calculate the autocorrelation of KMBB34 returns to help us make a trade decision. For example, suppose you find that KMBB34 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 |
KMBB34 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 KMBB34 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KMBB34 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KMBB34 stock over time.
Current vs Lagged Prices |
| Timeline |
KMBB34 Lagged Returns
When evaluating KMBB34's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KMBB34 stock have on its future price. KMBB34 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, KMBB34 autocorrelation shows the relationship between KMBB34 stock current value and its past values and can show if there is a momentum factor associated with investing in KMBB34.
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 KMBB34 Stock
KMBB34 financial ratios help investors to determine whether KMBB34 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 KMBB34 with respect to the benefits of owning KMBB34 security.