KUAISHOU TECHNOLOGY (Germany) Market Value
| 5Y0 Stock | EUR 5.17 0.28 5.14% |
| Symbol | KUAISHOU |
KUAISHOU TECHNOLOGY '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 KUAISHOU TECHNOLOGY's 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 KUAISHOU TECHNOLOGY.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in KUAISHOU TECHNOLOGY on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding KUAISHOU TECHNOLOGY CLB or generate 0.0% return on investment in KUAISHOU TECHNOLOGY over 30 days. KUAISHOU TECHNOLOGY is related to or competes with FOX P, News, RTL GROUP, RTL Group, and Prosiebensat. Kuaishou Technology, an investment holding company, provides live streaming, online marketing, and other services More
KUAISHOU TECHNOLOGY 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 KUAISHOU TECHNOLOGY's 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 KUAISHOU TECHNOLOGY CLB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.47 | |||
| Information Ratio | 0.0485 | |||
| Maximum Drawdown | 25.44 | |||
| Value At Risk | (5.14) | |||
| Potential Upside | 7.76 |
KUAISHOU TECHNOLOGY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KUAISHOU TECHNOLOGY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KUAISHOU TECHNOLOGY's standard deviation. In reality, there are many statistical measures that can use KUAISHOU TECHNOLOGY historical prices to predict the future KUAISHOU TECHNOLOGY's volatility.| Risk Adjusted Performance | 0.0526 | |||
| Jensen Alpha | 0.2343 | |||
| Total Risk Alpha | 0.109 | |||
| Sortino Ratio | 0.0459 | |||
| Treynor Ratio | (0.75) |
KUAISHOU TECHNOLOGY CLB Backtested Returns
KUAISHOU TECHNOLOGY appears to be relatively risky, given 3 months investment horizon. KUAISHOU TECHNOLOGY CLB retains Efficiency (Sharpe Ratio) of 0.0599, which conveys that the firm had a 0.0599% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for KUAISHOU TECHNOLOGY, which you can use to evaluate the volatility of the firm. Please exercise KUAISHOU TECHNOLOGY's Market Risk Adjusted Performance of (0.74), mean deviation of 3.06, and Downside Deviation of 4.47 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KUAISHOU TECHNOLOGY holds a performance score of 4. The company owns a Beta (Systematic Risk) of -0.3, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning KUAISHOU TECHNOLOGY are expected to decrease at a much lower rate. During the bear market, KUAISHOU TECHNOLOGY is likely to outperform the market. Please check KUAISHOU TECHNOLOGY's mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether KUAISHOU TECHNOLOGY's current price history will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
KUAISHOU TECHNOLOGY CLB has insignificant reverse predictability. Overlapping area represents the amount of predictability between KUAISHOU TECHNOLOGY time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 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 KUAISHOU TECHNOLOGY CLB price movement. The serial correlation of -0.19 indicates that over 19.0% of current KUAISHOU TECHNOLOGY price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
KUAISHOU TECHNOLOGY CLB lagged returns against current returns
Autocorrelation, which is KUAISHOU TECHNOLOGY 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 KUAISHOU TECHNOLOGY's stock expected returns. We can calculate the autocorrelation of KUAISHOU TECHNOLOGY returns to help us make a trade decision. For example, suppose you find that KUAISHOU TECHNOLOGY has exhibited high autocorrelation historically, and you observe that the 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 |
KUAISHOU TECHNOLOGY 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 KUAISHOU TECHNOLOGY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KUAISHOU TECHNOLOGY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KUAISHOU TECHNOLOGY stock over time.
Current vs Lagged Prices |
| Timeline |
KUAISHOU TECHNOLOGY Lagged Returns
When evaluating KUAISHOU TECHNOLOGY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KUAISHOU TECHNOLOGY stock have on its future price. KUAISHOU TECHNOLOGY 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, KUAISHOU TECHNOLOGY autocorrelation shows the relationship between KUAISHOU TECHNOLOGY stock current value and its past values and can show if there is a momentum factor associated with investing in KUAISHOU TECHNOLOGY CLB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in KUAISHOU Stock
KUAISHOU TECHNOLOGY financial ratios help investors to determine whether KUAISHOU 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 KUAISHOU with respect to the benefits of owning KUAISHOU TECHNOLOGY security.