Kraft Bank (Norway) Market Value
| KRAB Stock | NOK 8.85 0.45 5.36% |
| Symbol | Kraft |
Kraft Bank '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 Kraft Bank'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 Kraft Bank.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Kraft Bank on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Kraft Bank Asa or generate 0.0% return on investment in Kraft Bank over 360 days. Kraft Bank is related to or competes with Gaming Innovation, Odfjell Technology, Dolphin Drilling, Xplora Technologies, Waste Plastic, Nordic Semiconductor, and Clean Seas. Kraft Bank ASA provides refinancing of mortgages and unsecured loans with and without collateral to individuals in Norwa... More
Kraft Bank 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 Kraft Bank'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 Kraft Bank Asa upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.64 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.32 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 3.49 |
Kraft Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kraft Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kraft Bank's standard deviation. In reality, there are many statistical measures that can use Kraft Bank historical prices to predict the future Kraft Bank's volatility.| Risk Adjusted Performance | 0.0142 | |||
| Jensen Alpha | 0.1016 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.02) |
Kraft Bank Asa Backtested Returns
As of now, Kraft Stock is somewhat reliable. Kraft Bank Asa has Sharpe Ratio of 0.0401, which conveys that the firm had a 0.0401% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kraft Bank, which you can use to evaluate the volatility of the firm. Please verify Kraft Bank's Downside Deviation of 2.64, mean deviation of 1.36, and Risk Adjusted Performance of 0.0142 to check out if the risk estimate we provide is consistent with the expected return of 0.0815%. Kraft Bank has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.7, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kraft Bank are expected to decrease at a much lower rate. During the bear market, Kraft Bank is likely to outperform the market. Kraft Bank Asa right now secures a risk of 2.03%. Please verify Kraft Bank Asa mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Kraft Bank Asa will be following its current price movements.
Auto-correlation | 0.59 |
Modest predictability
Kraft Bank Asa has modest predictability. Overlapping area represents the amount of predictability between Kraft Bank time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Kraft Bank Asa price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Kraft Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Kraft Bank Asa lagged returns against current returns
Autocorrelation, which is Kraft Bank 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 Kraft Bank's stock expected returns. We can calculate the autocorrelation of Kraft Bank returns to help us make a trade decision. For example, suppose you find that Kraft Bank 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 |
Kraft Bank 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 Kraft Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kraft Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kraft Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Kraft Bank Lagged Returns
When evaluating Kraft Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kraft Bank stock have on its future price. Kraft Bank 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, Kraft Bank autocorrelation shows the relationship between Kraft Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Kraft Bank Asa.
Regressed Prices |
| Timeline |
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Kraft Bank financial ratios help investors to determine whether Kraft 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 Kraft with respect to the benefits of owning Kraft Bank security.