KANSAS CITY SOUTHN Market Value
| 485170BA1 | 97.16 0.00 0.00% |
| Symbol | KANSAS |
KANSAS '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 KANSAS's bond 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 KANSAS.
| 11/10/2024 |
| 12/10/2024 |
If you would invest 0.00 in KANSAS on November 10, 2024 and sell it all today you would earn a total of 0.00 from holding KANSAS CITY SOUTHN or generate 0.0% return on investment in KANSAS over 30 days. KANSAS is related to or competes with KVH Industries, Zhihu, Village Super, National CineMedia, Albertsons Companies, Iridium Communications, and Sphere Entertainment. More
KANSAS 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 KANSAS's bond 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 KANSAS CITY SOUTHN upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.77 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.7 |
KANSAS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KANSAS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KANSAS's standard deviation. In reality, there are many statistical measures that can use KANSAS historical prices to predict the future KANSAS's volatility.| Risk Adjusted Performance | 0.04 | |||
| Jensen Alpha | 0.0387 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 1.28 |
KANSAS CITY SOUTHN Backtested Returns
KANSAS CITY SOUTHN has Sharpe Ratio of -0.13, which conveys that the bond had a -0.13% return per unit of volatility over the last 3 months. KANSAS exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KANSAS's Downside Deviation of 1.17, mean deviation of 0.8394, and Market Risk Adjusted Performance of 1.29 to check out the risk estimate we provide. The entity secures a Beta (Market Risk) of 0.0339, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KANSAS's returns are expected to increase less than the market. However, during the bear market, the loss of holding KANSAS is expected to be smaller as well.
Auto-correlation | -0.45 |
Modest reverse predictability
KANSAS CITY SOUTHN has modest reverse predictability. Overlapping area represents the amount of predictability between KANSAS time series from 10th of November 2024 to 25th of November 2024 and 25th of November 2024 to 10th 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 KANSAS CITY SOUTHN price movement. The serial correlation of -0.45 indicates that just about 45.0% of current KANSAS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
KANSAS CITY SOUTHN lagged returns against current returns
Autocorrelation, which is KANSAS bond'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 KANSAS's bond expected returns. We can calculate the autocorrelation of KANSAS returns to help us make a trade decision. For example, suppose you find that KANSAS has exhibited high autocorrelation historically, and you observe that the bond 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 |
KANSAS 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 KANSAS bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KANSAS bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KANSAS bond over time.
Current vs Lagged Prices |
| Timeline |
KANSAS Lagged Returns
When evaluating KANSAS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KANSAS bond have on its future price. KANSAS 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, KANSAS autocorrelation shows the relationship between KANSAS bond current value and its past values and can show if there is a momentum factor associated with investing in KANSAS CITY SOUTHN.
Regressed Prices |
| Timeline |
Also Currently Popular
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 KANSAS Bond
KANSAS financial ratios help investors to determine whether KANSAS Bond 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 KANSAS with respect to the benefits of owning KANSAS security.