Kering SA (Germany) Market Value
| PPX Stock | EUR 236.60 5.05 2.18% |
| 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.
| 10/02/2023 |
| 12/25/2024 |
If you would invest 0.00 in Kering SA on October 2, 2023 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 450 days. Kering SA is related to or competes with PARKEN Sport, USWE SPORTS, REVO INSURANCE, Transport International, COLUMBIA SPORTSWEAR, Hanover Insurance, and Selective Insurance. Kering SA develops, designs, manufactures, markets, and sells apparel and accessories worldwide 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 | 2.92 | |||
| Information Ratio | 0.0344 | |||
| Maximum Drawdown | 17.89 | |||
| Value At Risk | (4.59) | |||
| Potential Upside | 5.48 |
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 | 0.0468 | |||
| Jensen Alpha | 0.1225 | |||
| Total Risk Alpha | 0.0079 | |||
| Sortino Ratio | 0.035 | |||
| Treynor Ratio | 0.3303 |
Kering SA Backtested Returns
Kering SA has Sharpe Ratio of -0.0241, which conveys that the firm had a -0.0241% return per unit of risk over the last 3 months. Kering SA exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kering SA's Risk Adjusted Performance of 0.0468, mean deviation of 2.11, and Downside Deviation of 2.92 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kering SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kering SA is expected to be smaller as well. At this point, Kering SA has a negative expected return of -0.065%. Please make sure to verify Kering SA's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to decide if Kering SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Kering SA has below average predictability. Overlapping area represents the amount of predictability between Kering SA time series from 2nd of October 2023 to 14th of May 2024 and 14th of May 2024 to 25th 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 Kering SA price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Kering SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 1828.57 |
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 |
Currently Active Assets on Macroaxis
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.