KBC Ancora (Germany) Market Value
| KB9 Stock | EUR 49.45 1.15 2.38% |
| Symbol | KBC |
KBC Ancora '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 KBC Ancora'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 KBC Ancora.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in KBC Ancora on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding KBC Ancora SCA or generate 0.0% return on investment in KBC Ancora over 720 days. KBC Ancora is related to or competes with Blackstone, Bank Of, Ameriprise Financial, State Street, T Rowe, Ares Management, and Northern Trust. KBC Ancora SCA holds participating interest in KBC Group SA More
KBC Ancora 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 KBC Ancora'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 KBC Ancora SCA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | 0.0249 | |||
| Maximum Drawdown | 5.0 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 2.25 |
KBC Ancora Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KBC Ancora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KBC Ancora's standard deviation. In reality, there are many statistical measures that can use KBC Ancora historical prices to predict the future KBC Ancora's volatility.| Risk Adjusted Performance | 0.0433 | |||
| Jensen Alpha | 0.048 | |||
| Total Risk Alpha | 0.0182 | |||
| Sortino Ratio | 0.0226 | |||
| Treynor Ratio | 0.1875 |
KBC Ancora SCA Backtested Returns
At this point, KBC Ancora is very steady. KBC Ancora SCA retains Efficiency (Sharpe Ratio) of 0.044, which conveys that the company had a 0.044% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for KBC Ancora, which you can use to evaluate the volatility of the entity. Please verify KBC Ancora's Market Risk Adjusted Performance of 0.1975, downside deviation of 1.43, and Mean Deviation of 1.01 to check out if the risk estimate we provide is consistent with the expected return of 0.0574%. KBC Ancora has a performance score of 3 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KBC Ancora's returns are expected to increase less than the market. However, during the bear market, the loss of holding KBC Ancora is expected to be smaller as well. KBC Ancora SCA at this time owns a risk of 1.31%. Please verify KBC Ancora SCA coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if KBC Ancora SCA will be following its current price history.
Auto-correlation | -0.65 |
Very good reverse predictability
KBC Ancora SCA has very good reverse predictability. Overlapping area represents the amount of predictability between KBC Ancora time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 KBC Ancora SCA price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current KBC Ancora price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 12.31 |
KBC Ancora SCA lagged returns against current returns
Autocorrelation, which is KBC Ancora 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 KBC Ancora's stock expected returns. We can calculate the autocorrelation of KBC Ancora returns to help us make a trade decision. For example, suppose you find that KBC Ancora 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 |
KBC Ancora 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 KBC Ancora stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KBC Ancora stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KBC Ancora stock over time.
Current vs Lagged Prices |
| Timeline |
KBC Ancora Lagged Returns
When evaluating KBC Ancora's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KBC Ancora stock have on its future price. KBC Ancora 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, KBC Ancora autocorrelation shows the relationship between KBC Ancora stock current value and its past values and can show if there is a momentum factor associated with investing in KBC Ancora SCA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in KBC Stock
KBC Ancora financial ratios help investors to determine whether KBC 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 KBC with respect to the benefits of owning KBC Ancora security.