Kongsberg Gruppen Asa Stock Market Value
| NSKFF Stock | USD 107.68 0.88 0.81% |
| Symbol | Kongsberg |
Kongsberg Gruppen '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 Kongsberg Gruppen's pink sheet 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 Kongsberg Gruppen.
| 02/03/2023 |
| 01/23/2025 |
If you would invest 0.00 in Kongsberg Gruppen on February 3, 2023 and sell it all today you would earn a total of 0.00 from holding Kongsberg Gruppen ASA or generate 0.0% return on investment in Kongsberg Gruppen over 720 days. Kongsberg Gruppen is related to or competes with Sturm Ruger, Ammo, Kratos Defense, VSE, Rocket Lab, Redwire Corp, and Momentus. Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers i... More
Kongsberg Gruppen 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 Kongsberg Gruppen's pink sheet 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 Kongsberg Gruppen ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.21 | |||
| Information Ratio | 0.0153 | |||
| Maximum Drawdown | 19.33 | |||
| Value At Risk | (5.48) | |||
| Potential Upside | 3.6 |
Kongsberg Gruppen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kongsberg Gruppen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kongsberg Gruppen's standard deviation. In reality, there are many statistical measures that can use Kongsberg Gruppen historical prices to predict the future Kongsberg Gruppen's volatility.| Risk Adjusted Performance | 0.0302 | |||
| Jensen Alpha | 0.0752 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0107 | |||
| Treynor Ratio | (0.37) |
Kongsberg Gruppen ASA Backtested Returns
At this point, Kongsberg Gruppen is very steady. Kongsberg Gruppen ASA has Sharpe Ratio of 0.031, which conveys that the firm had a 0.031 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Kongsberg Gruppen, which you can use to evaluate the volatility of the firm. Please verify Kongsberg Gruppen's Mean Deviation of 1.33, downside deviation of 4.21, and Risk Adjusted Performance of 0.0302 to check out if the risk estimate we provide is consistent with the expected return of 0.0932%. Kongsberg Gruppen has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kongsberg Gruppen are expected to decrease at a much lower rate. During the bear market, Kongsberg Gruppen is likely to outperform the market. Kongsberg Gruppen ASA right now secures a risk of 3.01%. Please verify Kongsberg Gruppen ASA semi variance, day median price, and the relationship between the value at risk and kurtosis , to decide if Kongsberg Gruppen ASA will be following its current price movements.
Auto-correlation | 0.33 |
Below average predictability
Kongsberg Gruppen ASA has below average predictability. Overlapping area represents the amount of predictability between Kongsberg Gruppen time series from 3rd of February 2023 to 29th of January 2024 and 29th of January 2024 to 23rd 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 Kongsberg Gruppen ASA price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Kongsberg Gruppen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 349.06 |
Kongsberg Gruppen ASA lagged returns against current returns
Autocorrelation, which is Kongsberg Gruppen pink sheet'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 Kongsberg Gruppen's pink sheet expected returns. We can calculate the autocorrelation of Kongsberg Gruppen returns to help us make a trade decision. For example, suppose you find that Kongsberg Gruppen has exhibited high autocorrelation historically, and you observe that the pink sheet 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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Kongsberg Gruppen 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 Kongsberg Gruppen pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kongsberg Gruppen pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kongsberg Gruppen pink sheet over time.
Current vs Lagged Prices |
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Kongsberg Gruppen Lagged Returns
When evaluating Kongsberg Gruppen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kongsberg Gruppen pink sheet have on its future price. Kongsberg Gruppen 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, Kongsberg Gruppen autocorrelation shows the relationship between Kongsberg Gruppen pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kongsberg Gruppen ASA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kongsberg Pink Sheet
Kongsberg Gruppen financial ratios help investors to determine whether Kongsberg Pink Sheet 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 Kongsberg with respect to the benefits of owning Kongsberg Gruppen security.