KERINGUNSPADR 1/10's market value is the price at which a share of KERINGUNSPADR 1/10 trades on a public exchange. It measures the collective expectations of KERINGUNSPADR 110 EO investors about its performance. KERINGUNSPADR 1/10 is trading at 23.40 as of the 31st of December 2024. This is a 1.68% down since the beginning of the trading day. The stock's lowest day price was 23.4. With this module, you can estimate the performance of a buy and hold strategy of KERINGUNSPADR 110 EO and determine expected loss or profit from investing in KERINGUNSPADR 1/10 over a given investment horizon. Check out KERINGUNSPADR 1/10 Correlation, KERINGUNSPADR 1/10 Volatility and KERINGUNSPADR 1/10 Alpha and Beta module to complement your research on KERINGUNSPADR 1/10.
Please note, there is a significant difference between KERINGUNSPADR 1/10's value and its price as these two are different measures arrived at by different means. Investors typically determine if KERINGUNSPADR 1/10 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KERINGUNSPADR 1/10's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
KERINGUNSPADR 1/10 '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 KERINGUNSPADR 1/10'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 KERINGUNSPADR 1/10.
0.00
02/05/2024
No Change 0.00
0.0
In 10 months and 27 days
12/31/2024
0.00
If you would invest 0.00 in KERINGUNSPADR 1/10 on February 5, 2024 and sell it all today you would earn a total of 0.00 from holding KERINGUNSPADR 110 EO or generate 0.0% return on investment in KERINGUNSPADR 1/10 over 330 days. KERINGUNSPADR 1/10 is related to or competes with LVMH Moët, LVMH Mot, LVMH Moët, Hermès International, CHRISTIAN DIOR, Christian Dior, and Swatch Group. Kering SA develops, designs, manufactures, markets, and sells apparel and accessories More
KERINGUNSPADR 1/10 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 KERINGUNSPADR 1/10'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 KERINGUNSPADR 110 EO upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for KERINGUNSPADR 1/10's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KERINGUNSPADR 1/10's standard deviation. In reality, there are many statistical measures that can use KERINGUNSPADR 1/10 historical prices to predict the future KERINGUNSPADR 1/10's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as KERINGUNSPADR 1/10. Your research has to be compared to or analyzed against KERINGUNSPADR 1/10's peers to derive any actionable benefits. When done correctly, KERINGUNSPADR 1/10's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in KERINGUNSPADR 1/10.
KERINGUNSPADR 1/10 Backtested Returns
KERINGUNSPADR 1/10 has Sharpe Ratio of -0.025, which conveys that the firm had a -0.025% return per unit of volatility over the last 3 months. KERINGUNSPADR 1/10 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KERINGUNSPADR 1/10's risk adjusted performance of 0.0493, and Mean Deviation of 2.37 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning KERINGUNSPADR 1/10 are expected to decrease at a much lower rate. During the bear market, KERINGUNSPADR 1/10 is likely to outperform the market. At this point, KERINGUNSPADR 1/10 has a negative expected return of -0.0698%. Please make sure to verify KERINGUNSPADR 1/10's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if KERINGUNSPADR 1/10 performance from the past will be repeated at future time.
Auto-correlation
0.62
Good predictability
KERINGUNSPADR 110 EO has good predictability. Overlapping area represents the amount of predictability between KERINGUNSPADR 1/10 time series from 5th of February 2024 to 19th of July 2024 and 19th of July 2024 to 31st 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 KERINGUNSPADR 1/10 price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current KERINGUNSPADR 1/10 price fluctuation can be explain by its past prices.
Correlation Coefficient
0.62
Spearman Rank Test
0.69
Residual Average
0.0
Price Variance
4.97
KERINGUNSPADR 1/10 lagged returns against current returns
Autocorrelation, which is KERINGUNSPADR 1/10 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 KERINGUNSPADR 1/10's stock expected returns. We can calculate the autocorrelation of KERINGUNSPADR 1/10 returns to help us make a trade decision. For example, suppose you find that KERINGUNSPADR 1/10 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
KERINGUNSPADR 1/10 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 KERINGUNSPADR 1/10 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KERINGUNSPADR 1/10 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KERINGUNSPADR 1/10 stock over time.
Current vs Lagged Prices
Timeline
KERINGUNSPADR 1/10 Lagged Returns
When evaluating KERINGUNSPADR 1/10's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KERINGUNSPADR 1/10 stock have on its future price. KERINGUNSPADR 1/10 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, KERINGUNSPADR 1/10 autocorrelation shows the relationship between KERINGUNSPADR 1/10 stock current value and its past values and can show if there is a momentum factor associated with investing in KERINGUNSPADR 110 EO.
Other Information on Investing in KERINGUNSPADR Stock
KERINGUNSPADR 1/10 financial ratios help investors to determine whether KERINGUNSPADR 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 KERINGUNSPADR with respect to the benefits of owning KERINGUNSPADR 1/10 security.