Kyocera (Germany) Market Value
| KYR Stock | EUR 9.05 0.12 1.31% |
| Symbol | Kyocera |
Kyocera '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 Kyocera'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 Kyocera.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Kyocera on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Kyocera or generate 0.0% return on investment in Kyocera over 30 days. Kyocera is related to or competes with Apple, Apple, Samsung Electronics, Samsung Electronics, and Sony Group. Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of As... More
Kyocera 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 Kyocera'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 Kyocera upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 20.04 | |||
| Value At Risk | (6.37) | |||
| Potential Upside | 3.06 |
Kyocera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kyocera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kyocera's standard deviation. In reality, there are many statistical measures that can use Kyocera historical prices to predict the future Kyocera's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (2.65) |
Kyocera Backtested Returns
Kyocera has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Kyocera exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kyocera's Standard Deviation of 2.79, risk adjusted performance of (0.06), and Mean Deviation of 1.77 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0948, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kyocera's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kyocera is expected to be smaller as well. At this point, Kyocera has a negative expected return of -0.38%. Please make sure to verify Kyocera's kurtosis, day typical price, and the relationship between the potential upside and rate of daily change , to decide if Kyocera performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Kyocera has good reverse predictability. Overlapping area represents the amount of predictability between Kyocera time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Kyocera price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Kyocera price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Kyocera lagged returns against current returns
Autocorrelation, which is Kyocera 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 Kyocera's stock expected returns. We can calculate the autocorrelation of Kyocera returns to help us make a trade decision. For example, suppose you find that Kyocera 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 |
Kyocera 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 Kyocera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kyocera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kyocera stock over time.
Current vs Lagged Prices |
| Timeline |
Kyocera Lagged Returns
When evaluating Kyocera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kyocera stock have on its future price. Kyocera 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, Kyocera autocorrelation shows the relationship between Kyocera stock current value and its past values and can show if there is a momentum factor associated with investing in Kyocera.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kyocera Stock
Kyocera financial ratios help investors to determine whether Kyocera 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 Kyocera with respect to the benefits of owning Kyocera security.