KRAFT's market value is the price at which a share of KRAFT trades on an exchange. It measures the collective expectations of KRAFT FOODS INC investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of KRAFT FOODS INC and determine expected loss or profit from investing in KRAFT over a given investment horizon. Check out KRAFT Correlation, KRAFT Volatility and KRAFT Alpha and Beta module to complement your research on KRAFT.
Please note, there is a significant difference between KRAFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if KRAFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KRAFT'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.
KRAFT '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 KRAFT'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 KRAFT.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure KRAFT'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 KRAFT FOODS INC 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 KRAFT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KRAFT's standard deviation. In reality, there are many statistical measures that can use KRAFT historical prices to predict the future KRAFT's volatility.
KRAFT FOODS INC retains Efficiency (Sharpe Ratio) of -0.29, which conveys that the entity had a -0.29% return per unit of return volatility over the last 3 months. KRAFT exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KRAFT's Market Risk Adjusted Performance of (0.53), standard deviation of 1.82, and Mean Deviation of 1.38 to check out the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KRAFT's returns are expected to increase less than the market. However, during the bear market, the loss of holding KRAFT is expected to be smaller as well.
Auto-correlation
0.61
Good predictability
KRAFT FOODS INC has good predictability. Overlapping area represents the amount of predictability between KRAFT time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th 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 KRAFT FOODS INC price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current KRAFT price fluctuation can be explain by its past prices.
Correlation Coefficient
0.61
Spearman Rank Test
0.01
Residual Average
0.0
Price Variance
4.53
KRAFT FOODS INC lagged returns against current returns
Autocorrelation, which is KRAFT 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 KRAFT's bond expected returns. We can calculate the autocorrelation of KRAFT returns to help us make a trade decision. For example, suppose you find that KRAFT 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
KRAFT 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 KRAFT bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KRAFT bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KRAFT bond over time.
Current vs Lagged Prices
Timeline
KRAFT Lagged Returns
When evaluating KRAFT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KRAFT bond have on its future price. KRAFT 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, KRAFT autocorrelation shows the relationship between KRAFT bond current value and its past values and can show if there is a momentum factor associated with investing in KRAFT FOODS INC.
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.
KRAFT financial ratios help investors to determine whether KRAFT 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 KRAFT with respect to the benefits of owning KRAFT security.