Kering SA (Germany) Market Value
| PPX Stock | 249.90 4.75 1.94% |
| 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 Iridium Communications, TITAN MACHINERY, Mobilezone Holding, Ultra Clean, Dairy Farm, Australian Agricultural, and Charter Communications. 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 | 2.33 | |||
| Information Ratio | 0.0745 | |||
| Maximum Drawdown | 10.4 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 4.43 |
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 | 0.0822 | |||
| Jensen Alpha | 0.2048 | |||
| Total Risk Alpha | 0.1291 | |||
| Sortino Ratio | 0.0762 | |||
| Treynor Ratio | (5.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kering SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Kering SA Backtested Returns
Kering SA appears to be very steady, given 3 months investment horizon. Kering SA has Sharpe Ratio of 0.0898, which conveys that the firm had a 0.0898 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kering SA, which you can use to evaluate the volatility of the firm. Please exercise Kering SA's Downside Deviation of 2.33, risk adjusted performance of 0.0822, and Mean Deviation of 1.74 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kering SA holds a performance score of 7. The company secures a Beta (Market Risk) of -0.0372, which conveys not very significant fluctuations relative to the market. 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. Please check Kering SA's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Kering SA's current price movements will revert.
Auto-correlation | 0.25 |
Poor predictability
Kering SA has poor 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 0.25 indicates that over 25.0% of current Kering SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 3.42 |
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 |
Thematic Opportunities
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Additional Tools for Kering Stock Analysis
When running Kering SA's price analysis, check to measure Kering SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kering SA is operating at the current time. Most of Kering SA's value examination focuses on studying past and present price action to predict the probability of Kering SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kering SA's price. Additionally, you may evaluate how the addition of Kering SA to your portfolios can decrease your overall portfolio volatility.