Kurita Water (Germany) Market Value
| KWI Stock | EUR 34.60 0.50 1.47% |
| Symbol | Kurita |
Kurita Water '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 Kurita Water'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 Kurita Water.
| 12/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Kurita Water on December 5, 2024 and sell it all today you would earn a total of 0.00 from holding Kurita Water Industries or generate 0.0% return on investment in Kurita Water over 30 days. Kurita Water is related to or competes with Apollo Medical, Goodyear Tire, Sumitomo Rubber, MeVis Medical, Diamyd Medical, and Microbot Medical. Kurita Water Industries Ltd. provides various water treatment solutions in Japan, Asia, North America, Europe, the Middl... More
Kurita Water 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 Kurita Water'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 Kurita Water Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.79 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 3.84 |
Kurita Water Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kurita Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kurita Water's standard deviation. In reality, there are many statistical measures that can use Kurita Water historical prices to predict the future Kurita Water's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 2.46 |
Kurita Water Industries Backtested Returns
Kurita Water Industries has Sharpe Ratio of -0.0671, which conveys that the firm had a -0.0671% return per unit of risk over the last 3 months. Kurita Water exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kurita Water's Mean Deviation of 1.57, standard deviation of 2.11, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0656, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kurita Water are expected to decrease at a much lower rate. During the bear market, Kurita Water is likely to outperform the market. At this point, Kurita Water Industries has a negative expected return of -0.14%. Please make sure to verify Kurita Water's value at risk, accumulation distribution, day typical price, as well as the relationship between the skewness and rate of daily change , to decide if Kurita Water Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Kurita Water Industries has very good reverse predictability. Overlapping area represents the amount of predictability between Kurita Water time series from 5th of December 2024 to 20th of December 2024 and 20th of December 2024 to 4th of January 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 Kurita Water Industries price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Kurita Water price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Kurita Water Industries lagged returns against current returns
Autocorrelation, which is Kurita Water 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 Kurita Water's stock expected returns. We can calculate the autocorrelation of Kurita Water returns to help us make a trade decision. For example, suppose you find that Kurita Water 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 |
Kurita Water 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 Kurita Water stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kurita Water stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kurita Water stock over time.
Current vs Lagged Prices |
| Timeline |
Kurita Water Lagged Returns
When evaluating Kurita Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kurita Water stock have on its future price. Kurita Water 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, Kurita Water autocorrelation shows the relationship between Kurita Water stock current value and its past values and can show if there is a momentum factor associated with investing in Kurita Water Industries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kurita Stock
Kurita Water financial ratios help investors to determine whether Kurita 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 Kurita with respect to the benefits of owning Kurita Water security.