KKR Co (Germany) Market Value
| KR51 Stock | EUR 152.98 0.14 0.09% |
| Symbol | KKR |
KKR Co '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 KKR Co'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 KKR Co.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in KKR Co on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding KKR Co LP or generate 0.0% return on investment in KKR Co over 180 days. KKR Co is related to or competes with VARIOUS EATERIES, Zurich Insurance, Zijin Mining, Perseus Mining, Hanover Insurance, Insurance Australia, and Direct Line. More
KKR Co 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 KKR Co'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 KKR Co LP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.1798 | |||
| Maximum Drawdown | 13.61 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 3.25 |
KKR Co Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KKR Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KKR Co's standard deviation. In reality, there are many statistical measures that can use KKR Co historical prices to predict the future KKR Co's volatility.| Risk Adjusted Performance | 0.1962 | |||
| Jensen Alpha | 0.4402 | |||
| Total Risk Alpha | 0.1534 | |||
| Sortino Ratio | 0.253 | |||
| Treynor Ratio | 1.32 |
KKR Co LP Backtested Returns
KKR Co appears to be very steady, given 3 months investment horizon. KKR Co LP has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25% return per unit of volatility over the last 3 months. By inspecting KKR Co's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise KKR Co's risk adjusted performance of 0.1962, and Mean Deviation of 1.31 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KKR Co holds a performance score of 19. The company secures a Beta (Market Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KKR Co's returns are expected to increase less than the market. However, during the bear market, the loss of holding KKR Co is expected to be smaller as well. Please check KKR Co's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether KKR Co's current price movements will revert.
Auto-correlation | 0.68 |
Good predictability
KKR Co LP has good predictability. Overlapping area represents the amount of predictability between KKR Co time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 KKR Co LP price movement. The serial correlation of 0.68 indicates that around 68.0% of current KKR Co price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 206.64 |
KKR Co LP lagged returns against current returns
Autocorrelation, which is KKR Co 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 KKR Co's stock expected returns. We can calculate the autocorrelation of KKR Co returns to help us make a trade decision. For example, suppose you find that KKR Co 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 |
KKR Co 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 KKR Co stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KKR Co stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KKR Co stock over time.
Current vs Lagged Prices |
| Timeline |
KKR Co Lagged Returns
When evaluating KKR Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KKR Co stock have on its future price. KKR Co 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, KKR Co autocorrelation shows the relationship between KKR Co stock current value and its past values and can show if there is a momentum factor associated with investing in KKR Co LP.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in KKR Stock
When determining whether KKR Co LP is a strong investment it is important to analyze KKR Co's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KKR Co's future performance. For an informed investment choice regarding KKR Stock, refer to the following important reports:Check out KKR Co Correlation, KKR Co Volatility and KKR Co Alpha and Beta module to complement your research on KKR Co. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
KKR Co technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.