Karsten SA (Brazil) Market Value
| CTKA3 Stock | BRL 21.89 0.00 0.00% |
| Symbol | Karsten |
Karsten SA '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 Karsten SA'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 Karsten SA.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Karsten SA on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Karsten SA or generate 0.0% return on investment in Karsten SA over 180 days. Karsten SA is related to or competes with Pettenati, Companhia, Companhia, Karsten SA, Dhler SA, and Springs Global. Karsten S.A. manufactures and sells home textiles lines and dcor products in Brazil More
Karsten SA 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 Karsten SA'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 Karsten SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0566 | |||
| Maximum Drawdown | 15.37 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 2.57 |
Karsten SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Karsten SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Karsten SA's standard deviation. In reality, there are many statistical measures that can use Karsten SA historical prices to predict the future Karsten SA's volatility.| Risk Adjusted Performance | 0.0625 | |||
| Jensen Alpha | 0.156 | |||
| Total Risk Alpha | 0.088 | |||
| Treynor Ratio | (0.98) |
Karsten SA Backtested Returns
Currently, Karsten SA is not too volatile. Karsten SA has Sharpe Ratio of 0.0716, which conveys that the firm had a 0.0716% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Karsten SA, which you can use to evaluate the volatility of the firm. Please verify Karsten SA's Standard Deviation of 2.3, mean deviation of 0.8429, and Risk Adjusted Performance of 0.0625 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Karsten SA has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Karsten SA are expected to decrease at a much lower rate. During the bear market, Karsten SA is likely to outperform the market. Karsten SA right now secures a risk of 2.34%. Please verify Karsten SA value at risk, skewness, and the relationship between the total risk alpha and potential upside , to decide if Karsten SA will be following its current price movements.
Auto-correlation | -0.26 |
Weak reverse predictability
Karsten SA has weak reverse predictability. Overlapping area represents the amount of predictability between Karsten SA 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 Karsten SA price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Karsten SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 2.09 |
Karsten SA lagged returns against current returns
Autocorrelation, which is Karsten SA 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 Karsten SA's stock expected returns. We can calculate the autocorrelation of Karsten SA returns to help us make a trade decision. For example, suppose you find that Karsten SA 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 |
Karsten SA 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 Karsten SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Karsten SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Karsten SA stock over time.
Current vs Lagged Prices |
| Timeline |
Karsten SA Lagged Returns
When evaluating Karsten SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Karsten SA stock have on its future price. Karsten SA 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, Karsten SA autocorrelation shows the relationship between Karsten SA stock current value and its past values and can show if there is a momentum factor associated with investing in Karsten SA.
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.Additional Tools for Karsten Stock Analysis
When running Karsten SA's price analysis, check to measure Karsten SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Karsten SA is operating at the current time. Most of Karsten SA's value examination focuses on studying past and present price action to predict the probability of Karsten SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karsten SA's price. Additionally, you may evaluate how the addition of Karsten SA to your portfolios can decrease your overall portfolio volatility.