KINDER MORGAN ENERGY Market Value
| 494550AQ9 | 110.03 1.76 1.57% |
| Symbol | KINDER |
KINDER '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 KINDER'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 KINDER.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in KINDER on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding KINDER MORGAN ENERGY or generate 0.0% return on investment in KINDER over 180 days. KINDER is related to or competes with 00108WAF7, 90331HPL1, Brightsphere Investment, Neurocrine Biosciences, Alphabet, Saipem SpA, and Bristol Myers. Kinder Morgan Energy Partners, L.P. operates as a pipeline transportation and energy storage company in North America. More
KINDER 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 KINDER'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 KINDER MORGAN ENERGY upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 8.17 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.8074 |
KINDER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KINDER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KINDER's standard deviation. In reality, there are many statistical measures that can use KINDER historical prices to predict the future KINDER's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.4214 |
KINDER MORGAN ENERGY Backtested Returns
KINDER MORGAN ENERGY has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11% return per unit of volatility over the last 3 months. KINDER exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KINDER's mean deviation of 0.54, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KINDER are expected to decrease at a much lower rate. During the bear market, KINDER is likely to outperform the market.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
KINDER MORGAN ENERGY has almost perfect reverse predictability. Overlapping area represents the amount of predictability between KINDER time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 KINDER MORGAN ENERGY price movement. The serial correlation of -0.71 indicates that around 71.0% of current KINDER price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 1.93 |
KINDER MORGAN ENERGY lagged returns against current returns
Autocorrelation, which is KINDER 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 KINDER's bond expected returns. We can calculate the autocorrelation of KINDER returns to help us make a trade decision. For example, suppose you find that KINDER 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 |
KINDER 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 KINDER bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KINDER bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KINDER bond over time.
Current vs Lagged Prices |
| Timeline |
KINDER Lagged Returns
When evaluating KINDER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KINDER bond have on its future price. KINDER 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, KINDER autocorrelation shows the relationship between KINDER bond current value and its past values and can show if there is a momentum factor associated with investing in KINDER MORGAN ENERGY.
Regressed Prices |
| Timeline |
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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 KINDER Bond
KINDER financial ratios help investors to determine whether KINDER 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 KINDER with respect to the benefits of owning KINDER security.