36kr Holdings Stock Market Value
| KRKR Stock | USD 3.05 0.05 1.67% |
| Symbol | 36Kr |
36Kr Holdings Price To Book Ratio
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 36Kr Holdings. If investors know 36Kr will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 36Kr Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.43) | Revenue Per Share 144.347 | Quarterly Revenue Growth (0.39) | Return On Assets (0.16) | Return On Equity (0.57) |
The market value of 36Kr Holdings is measured differently than its book value, which is the value of 36Kr that is recorded on the company's balance sheet. Investors also form their own opinion of 36Kr Holdings' value that differs from its market value or its book value, called intrinsic value, which is 36Kr Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 36Kr Holdings' market value can be influenced by many factors that don't directly affect 36Kr Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 36Kr Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if 36Kr Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 36Kr Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
36Kr Holdings '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 36Kr Holdings' 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 36Kr Holdings.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in 36Kr Holdings on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding 36Kr Holdings or generate 0.0% return on investment in 36Kr Holdings over 690 days. 36Kr Holdings is related to or competes with Onfolio Holdings, Asset Entities, IZEA, MediaAlpha, Hello, Tencent Music, and Weibo Corp. 36Kr Holdings Inc. provides content and business services in the Peoples Republic of China More
36Kr Holdings 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 36Kr Holdings' 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 36Kr Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 39.22 | |||
| Value At Risk | (11.19) | |||
| Potential Upside | 10.11 |
36Kr Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 36Kr Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 36Kr Holdings' standard deviation. In reality, there are many statistical measures that can use 36Kr Holdings historical prices to predict the future 36Kr Holdings' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (1.59) | |||
| Treynor Ratio | (1.06) |
36Kr Holdings Backtested Returns
36Kr Holdings secures Sharpe Ratio (or Efficiency) of -0.0998, which signifies that the company had a -0.0998% return per unit of price deviation over the last 3 months. 36Kr Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 36Kr Holdings' Information Ratio of (0.11), variance of 42.65, and Mean Deviation of 4.46 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 36Kr Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding 36Kr Holdings is expected to be smaller as well. At this point, 36Kr Holdings has a negative expected return of -0.66%. Please make sure to confirm 36Kr Holdings' potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if 36Kr Holdings performance from the past will be repeated sooner or later.
Auto-correlation | 0.89 |
Very good predictability
36Kr Holdings has very good predictability. Overlapping area represents the amount of predictability between 36Kr Holdings time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 36Kr Holdings price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current 36Kr Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 4.96 |
36Kr Holdings lagged returns against current returns
Autocorrelation, which is 36Kr Holdings 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 36Kr Holdings' stock expected returns. We can calculate the autocorrelation of 36Kr Holdings returns to help us make a trade decision. For example, suppose you find that 36Kr Holdings 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 |
36Kr Holdings 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 36Kr Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 36Kr Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 36Kr Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
36Kr Holdings Lagged Returns
When evaluating 36Kr Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 36Kr Holdings stock have on its future price. 36Kr Holdings 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, 36Kr Holdings autocorrelation shows the relationship between 36Kr Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in 36Kr Holdings.
Regressed Prices |
| Timeline |
Pair Trading with 36Kr Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 36Kr Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 36Kr Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with 36Kr Stock
Moving against 36Kr Stock
| 0.75 | Z | Zillow Group Class | PairCorr |
| 0.45 | DJT | Trump Media Technology Symbol Change | PairCorr |
| 0.43 | DJTWW | Trump Media Technology Symbol Change | PairCorr |
| 0.38 | MNY | MoneyHero Limited Class | PairCorr |
The ability to find closely correlated positions to 36Kr Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 36Kr Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 36Kr Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 36Kr Holdings to buy it.
The correlation of 36Kr Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 36Kr Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 36Kr Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 36Kr Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for 36Kr Stock Analysis
When running 36Kr Holdings' price analysis, check to measure 36Kr Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 36Kr Holdings is operating at the current time. Most of 36Kr Holdings' value examination focuses on studying past and present price action to predict the probability of 36Kr Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 36Kr Holdings' price. Additionally, you may evaluate how the addition of 36Kr Holdings to your portfolios can decrease your overall portfolio volatility.