Kvika Banki's market value is the price at which a share of Kvika Banki trades on a public exchange. It measures the collective expectations of Kvika banki hf investors about its performance. Kvika Banki is trading at 20.10 as of the 2nd of March 2025. This is a 1.47 percent decrease since the beginning of the trading day. The stock's open price was 20.4. With this module, you can estimate the performance of a buy and hold strategy of Kvika banki hf and determine expected loss or profit from investing in Kvika Banki over a given investment horizon. Check out Kvika Banki Correlation, Kvika Banki Volatility and Kvika Banki Alpha and Beta module to complement your research on Kvika Banki.
Please note, there is a significant difference between Kvika Banki's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kvika Banki is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kvika Banki's 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.
Kvika Banki '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 Kvika Banki'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 Kvika Banki.
0.00
01/31/2025
No Change 0.00
0.0
In 31 days
03/02/2025
0.00
If you would invest 0.00 in Kvika Banki on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Kvika banki hf or generate 0.0% return on investment in Kvika Banki over 30 days. Kvika Banki is related to or competes with Alvotech. More
Kvika Banki 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 Kvika Banki'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 Kvika banki hf upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kvika Banki's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kvika Banki's standard deviation. In reality, there are many statistical measures that can use Kvika Banki historical prices to predict the future Kvika Banki's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kvika Banki. Your research has to be compared to or analyzed against Kvika Banki's peers to derive any actionable benefits. When done correctly, Kvika Banki's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Kvika banki hf.
Kvika banki hf Backtested Returns
Kvika Banki is very steady at the moment. Kvika banki hf has Sharpe Ratio of 0.0955, which conveys that the firm had a 0.0955 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Kvika Banki, which you can use to evaluate the volatility of the firm. Please verify Kvika Banki's Mean Deviation of 0.8356, downside deviation of 1.1, and Risk Adjusted Performance of 0.088 to check out if the risk estimate we provide is consistent with the expected return of 0.0974%. Kvika Banki has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0697, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kvika Banki are expected to decrease at a much lower rate. During the bear market, Kvika Banki is likely to outperform the market. Kvika banki hf right now secures a risk of 1.02%. Please verify Kvika banki hf jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Kvika banki hf will be following its current price movements.
Auto-correlation
-0.07
Very weak reverse predictability
Kvika banki hf has very weak reverse predictability. Overlapping area represents the amount of predictability between Kvika Banki time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Kvika banki hf price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Kvika Banki price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.07
Spearman Rank Test
-0.16
Residual Average
0.0
Price Variance
0.07
Kvika banki hf lagged returns against current returns
Autocorrelation, which is Kvika Banki 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 Kvika Banki's stock expected returns. We can calculate the autocorrelation of Kvika Banki returns to help us make a trade decision. For example, suppose you find that Kvika Banki 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
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Kvika Banki 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 Kvika Banki stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kvika Banki stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kvika Banki stock over time.
Current vs Lagged Prices
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Kvika Banki Lagged Returns
When evaluating Kvika Banki's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kvika Banki stock have on its future price. Kvika Banki 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, Kvika Banki autocorrelation shows the relationship between Kvika Banki stock current value and its past values and can show if there is a momentum factor associated with investing in Kvika banki hf.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Kvika Banki financial ratios help investors to determine whether Kvika 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 Kvika with respect to the benefits of owning Kvika Banki security.