Kardex Holding Ag Stock Market Value
| KRDXF Stock | USD 315.56 0.00 0.00% |
| Symbol | Kardex |
Kardex Holding '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 Kardex Holding's pink sheet 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 Kardex Holding.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Kardex Holding on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Kardex Holding AG or generate 0.0% return on investment in Kardex Holding over 90 days. Kardex Holding is related to or competes with Fanuc, Schneider Electric, and Vestas Wind. Kardex Holding AG provides intralogistics solutions and supplies automated storage solutions and materials handling syst... More
Kardex Holding 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 Kardex Holding's pink sheet 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 Kardex Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 1.08 | |||
| Maximum Drawdown | 0.8073 |
Kardex Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kardex Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kardex Holding's standard deviation. In reality, there are many statistical measures that can use Kardex Holding historical prices to predict the future Kardex Holding's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (1.91) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kardex Holding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Kardex Holding AG Backtested Returns
Kardex Holding AG has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12 % return per unit of risk over the last 3 months. Kardex Holding exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kardex Holding's Standard Deviation of 0.1101, mean deviation of 0.0329, and Risk Adjusted Performance of (0.17) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0122, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kardex Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kardex Holding is expected to be smaller as well. At this point, Kardex Holding AG has a negative expected return of -0.0137%. Please make sure to verify Kardex Holding's treynor ratio and day median price , to decide if Kardex Holding AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Kardex Holding AG has no correlation between past and present. Overlapping area represents the amount of predictability between Kardex Holding time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Kardex Holding AG price movement. The serial correlation of 0.0 indicates that just 0.0% of current Kardex Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kardex Holding AG lagged returns against current returns
Autocorrelation, which is Kardex Holding pink sheet'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 Kardex Holding's pink sheet expected returns. We can calculate the autocorrelation of Kardex Holding returns to help us make a trade decision. For example, suppose you find that Kardex Holding has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Kardex Holding 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 Kardex Holding pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kardex Holding pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kardex Holding pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kardex Holding Lagged Returns
When evaluating Kardex Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kardex Holding pink sheet have on its future price. Kardex Holding 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, Kardex Holding autocorrelation shows the relationship between Kardex Holding pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kardex Holding AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kardex Pink Sheet
Kardex Holding financial ratios help investors to determine whether Kardex Pink Sheet 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 Kardex with respect to the benefits of owning Kardex Holding security.