Kingspan Group (Germany) Market Value
| KRX Stock | EUR 79.00 0.45 0.57% |
| Symbol | Kingspan |
Kingspan Group '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 Kingspan Group'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 Kingspan Group.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Kingspan Group on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Kingspan Group plc or generate 0.0% return on investment in Kingspan Group over 90 days. Kingspan Group is related to or competes with ANGI Homeservices, Séché Environnement, BLUESCOPE STEEL, Haier Smart, ANGANG STEEL, Nippon Steel, and Mount Gibson. Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in the Republic ... More
Kingspan Group 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 Kingspan Group'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 Kingspan Group plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.6 | |||
| Information Ratio | 0.1138 | |||
| Maximum Drawdown | 14.44 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.58 |
Kingspan Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kingspan Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kingspan Group's standard deviation. In reality, there are many statistical measures that can use Kingspan Group historical prices to predict the future Kingspan Group's volatility.| Risk Adjusted Performance | 0.0752 | |||
| Jensen Alpha | 0.2863 | |||
| Total Risk Alpha | 0.5595 | |||
| Sortino Ratio | 0.1224 | |||
| Treynor Ratio | 0.2966 |
Kingspan Group plc Backtested Returns
Kingspan Group appears to be very steady, given 3 months investment horizon. Kingspan Group plc has Sharpe Ratio of 0.0784, which conveys that the firm had a 0.0784 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Kingspan Group, which you can use to evaluate the volatility of the firm. Please exercise Kingspan Group's Risk Adjusted Performance of 0.0752, downside deviation of 2.6, and Mean Deviation of 1.93 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kingspan Group holds a performance score of 6. The company secures a Beta (Market Risk) of 0.71, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kingspan Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kingspan Group is expected to be smaller as well. Please check Kingspan Group's total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to make a quick decision on whether Kingspan Group's current price movements will revert.
Auto-correlation | -0.1 |
Very weak reverse predictability
Kingspan Group plc has very weak reverse predictability. Overlapping area represents the amount of predictability between Kingspan Group 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 Kingspan Group plc price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Kingspan Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 34.02 |
Kingspan Group plc lagged returns against current returns
Autocorrelation, which is Kingspan Group 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 Kingspan Group's stock expected returns. We can calculate the autocorrelation of Kingspan Group returns to help us make a trade decision. For example, suppose you find that Kingspan Group 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 |
Kingspan Group 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 Kingspan Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kingspan Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kingspan Group stock over time.
Current vs Lagged Prices |
| Timeline |
Kingspan Group Lagged Returns
When evaluating Kingspan Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kingspan Group stock have on its future price. Kingspan Group 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, Kingspan Group autocorrelation shows the relationship between Kingspan Group stock current value and its past values and can show if there is a momentum factor associated with investing in Kingspan Group plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kingspan Stock
Kingspan Group financial ratios help investors to determine whether Kingspan 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 Kingspan with respect to the benefits of owning Kingspan Group security.