Kering SA (Germany) Market Value
| PPX Stock | EUR 244.95 1.90 0.78% |
| Symbol | Kering |
Kering SA '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 Kering SA'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 Kering SA.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Kering SA on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Kering SA or generate 0.0% return on investment in Kering SA over 30 days. Kering SA is related to or competes with Tokyu Construction, WIMFARM SA, Australian Agricultural, North American, ARDAGH METAL, Nufarm, and Federal Agricultural. More
Kering SA 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 Kering SA'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 Kering SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.56 | |||
| Information Ratio | 0.0131 | |||
| Maximum Drawdown | 10.26 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 3.97 |
Kering SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kering SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kering SA's standard deviation. In reality, there are many statistical measures that can use Kering SA historical prices to predict the future Kering SA's volatility.| Risk Adjusted Performance | 0.03 | |||
| Jensen Alpha | 0.0685 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0127 | |||
| Treynor Ratio | (0.16) |
Kering SA Backtested Returns
At this point, Kering SA is very steady. Kering SA has Sharpe Ratio of 0.0449, which conveys that the firm had a 0.0449 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Kering SA, which you can use to evaluate the volatility of the firm. Please verify Kering SA's Downside Deviation of 2.56, mean deviation of 1.98, and Risk Adjusted Performance of 0.03 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. Kering SA has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kering SA are expected to decrease at a much lower rate. During the bear market, Kering SA is likely to outperform the market. Kering SA right now secures a risk of 2.41%. Please verify Kering SA downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to decide if Kering SA will be following its current price movements.
Auto-correlation | 0.12 |
Insignificant predictability
Kering SA has insignificant predictability. Overlapping area represents the amount of predictability between Kering SA time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st 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 Kering SA price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Kering SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 5.37 |
Kering SA lagged returns against current returns
Autocorrelation, which is Kering SA 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 Kering SA's stock expected returns. We can calculate the autocorrelation of Kering SA returns to help us make a trade decision. For example, suppose you find that Kering SA 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 |
Kering SA 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 Kering SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kering SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kering SA stock over time.
Current vs Lagged Prices |
| Timeline |
Kering SA Lagged Returns
When evaluating Kering SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kering SA stock have on its future price. Kering SA 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, Kering SA autocorrelation shows the relationship between Kering SA stock current value and its past values and can show if there is a momentum factor associated with investing in Kering SA.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Kering Stock
Kering SA financial ratios help investors to determine whether Kering 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 Kering with respect to the benefits of owning Kering SA security.