Kraken Energy Corp Stock Market Value
| UUSAF Stock | USD 0.02 0 14.29% |
| Symbol | Kraken |
Kraken Energy '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 Kraken Energy's otc 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 Kraken Energy.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Kraken Energy on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Kraken Energy Corp or generate 0.0% return on investment in Kraken Energy over 90 days. Kraken Energy is related to or competes with Adriatic Metals, Aurelia Metals, Mundoro Capital, NorthIsle Copper, Silver X, NGEx Minerals, and Boss Resources. Kraken Energy Corp. engages in the acquisition and exploration of mineral properties in Canada More
Kraken Energy 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 Kraken Energy's otc 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 Kraken Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.15 | |||
| Information Ratio | 0.0504 | |||
| Maximum Drawdown | 75.01 | |||
| Value At Risk | (15.00) | |||
| Potential Upside | 30.65 |
Kraken Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kraken Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kraken Energy's standard deviation. In reality, there are many statistical measures that can use Kraken Energy historical prices to predict the future Kraken Energy's volatility.| Risk Adjusted Performance | 0.0474 | |||
| Jensen Alpha | 0.5748 | |||
| Total Risk Alpha | 2.46 | |||
| Sortino Ratio | 0.0725 | |||
| Treynor Ratio | (1.30) |
Kraken Energy Corp Backtested Returns
Kraken Energy appears to be out of control, given 3 months investment horizon. Kraken Energy Corp has Sharpe Ratio of 0.0436, which conveys that the firm had a 0.0436 % return per unit of risk over the last 3 months. By analyzing Kraken Energy's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please exercise Kraken Energy's Downside Deviation of 10.15, mean deviation of 10.05, and Risk Adjusted Performance of 0.0474 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kraken Energy holds a performance score of 3. The company secures a Beta (Market Risk) of -0.48, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kraken Energy are expected to decrease at a much lower rate. During the bear market, Kraken Energy is likely to outperform the market. Please check Kraken Energy's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Kraken Energy's current price movements will revert.
Auto-correlation | -0.59 |
Good reverse predictability
Kraken Energy Corp has good reverse predictability. Overlapping area represents the amount of predictability between Kraken Energy time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Kraken Energy Corp price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Kraken Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kraken Energy Corp lagged returns against current returns
Autocorrelation, which is Kraken Energy otc 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 Kraken Energy's otc stock expected returns. We can calculate the autocorrelation of Kraken Energy returns to help us make a trade decision. For example, suppose you find that Kraken Energy has exhibited high autocorrelation historically, and you observe that the otc 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 |
Kraken Energy 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 Kraken Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kraken Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kraken Energy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Kraken Energy Lagged Returns
When evaluating Kraken Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kraken Energy otc stock have on its future price. Kraken Energy 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, Kraken Energy autocorrelation shows the relationship between Kraken Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Kraken Energy Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kraken OTC Stock
Kraken Energy financial ratios help investors to determine whether Kraken OTC 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 Kraken with respect to the benefits of owning Kraken Energy security.