KRISPY KREME (Germany) Market Value
| 9YM Stock | 10.50 0.10 0.96% |
| Symbol | KRISPY |
KRISPY KREME '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 KRISPY KREME'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 KRISPY KREME.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in KRISPY KREME on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding KRISPY KREME DL 01 or generate 0.0% return on investment in KRISPY KREME over 30 days. KRISPY KREME is related to or competes with CDN IMPERIAL, Iridium Communications, Consolidated Communications, Hanover Insurance, QBE Insurance, and Mizuho Financial. More
KRISPY KREME 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 KRISPY KREME'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 KRISPY KREME DL 01 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.85 | |||
| Information Ratio | 0.0072 | |||
| Maximum Drawdown | 14.36 | |||
| Value At Risk | (3.56) | |||
| Potential Upside | 3.72 |
KRISPY KREME Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KRISPY KREME's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KRISPY KREME's standard deviation. In reality, there are many statistical measures that can use KRISPY KREME historical prices to predict the future KRISPY KREME's volatility.| Risk Adjusted Performance | 0.0548 | |||
| Jensen Alpha | 0.0202 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0063 | |||
| Treynor Ratio | 0.1482 |
KRISPY KREME DL Backtested Returns
At this point, KRISPY KREME is not too volatile. KRISPY KREME DL has Sharpe Ratio of 0.0383, which conveys that the firm had a 0.0383% return per unit of risk over the last 3 months. We have found thirty technical indicators for KRISPY KREME, which you can use to evaluate the volatility of the firm. Please verify KRISPY KREME's risk adjusted performance of 0.0548, and Mean Deviation of 1.85 to check out if the risk estimate we provide is consistent with the expected return of 0.0949%. KRISPY KREME has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.98, which conveys possible diversification benefits within a given portfolio. KRISPY KREME returns are very sensitive to returns on the market. As the market goes up or down, KRISPY KREME is expected to follow. KRISPY KREME DL currently secures a risk of 2.48%. Please verify KRISPY KREME DL 01 total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if KRISPY KREME DL 01 will be following its current price movements.
Auto-correlation | -0.09 |
Very weak reverse predictability
KRISPY KREME DL 01 has very weak reverse predictability. Overlapping area represents the amount of predictability between KRISPY KREME time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 KRISPY KREME DL price movement. The serial correlation of -0.09 indicates that less than 9.0% of current KRISPY KREME price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
KRISPY KREME DL lagged returns against current returns
Autocorrelation, which is KRISPY KREME 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 KRISPY KREME's stock expected returns. We can calculate the autocorrelation of KRISPY KREME returns to help us make a trade decision. For example, suppose you find that KRISPY KREME 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 |
KRISPY KREME 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 KRISPY KREME stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KRISPY KREME stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KRISPY KREME stock over time.
Current vs Lagged Prices |
| Timeline |
KRISPY KREME Lagged Returns
When evaluating KRISPY KREME's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KRISPY KREME stock have on its future price. KRISPY KREME 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, KRISPY KREME autocorrelation shows the relationship between KRISPY KREME stock current value and its past values and can show if there is a momentum factor associated with investing in KRISPY KREME DL 01.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in KRISPY Stock
KRISPY KREME financial ratios help investors to determine whether KRISPY 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 KRISPY with respect to the benefits of owning KRISPY KREME security.