KANSAS's market value is the price at which a share of KANSAS trades on an exchange. It measures the collective expectations of KANSAS CITY SOUTHN investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of KANSAS CITY SOUTHN and determine expected loss or profit from investing in KANSAS over a given investment horizon. Check out KANSAS Correlation, KANSAS Volatility and KANSAS Alpha and Beta module to complement your research on KANSAS.
Please note, there is a significant difference between KANSAS's value and its price as these two are different measures arrived at by different means. Investors typically determine if KANSAS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KANSAS'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.
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.
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.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as KANSAS. Your research has to be compared to or analyzed against KANSAS's peers to derive any actionable benefits. When done correctly, KANSAS'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 KANSAS CITY SOUTHN.
KANSAS CITY SOUTHN Backtested Returns
KANSAS CITY SOUTHN has Sharpe Ratio of -0.16, which conveys that the bond had a -0.16% 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 Mean Deviation of 0.8816, downside deviation of 1.17, and Market Risk Adjusted Performance of (1.98) to check out the risk estimate we provide. The entity secures a Beta (Market Risk) of -0.0447, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KANSAS are expected to decrease at a much lower rate. During the bear market, KANSAS is likely to outperform the market.
Auto-correlation
0.89
Very good predictability
KANSAS CITY SOUTHN has very good predictability. Overlapping area represents the amount of predictability between KANSAS time series from 7th of September 2024 to 22nd of October 2024 and 22nd of October 2024 to 6th 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 0.89 indicates that approximately 89.0% of current KANSAS price fluctuation can be explain by its past prices.
Correlation Coefficient
0.89
Spearman Rank Test
0.36
Residual Average
0.0
Price Variance
0.16
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.
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.