KB HOME (Germany) Market Value
| KBH Stock | 70.50 3.00 4.08% |
| Symbol | KBH |
KB HOME '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 KB HOME'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 KB HOME.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in KB HOME on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding KB HOME or generate 0.0% return on investment in KB HOME over 30 days. KB HOME is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
KB HOME 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 KB HOME'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 KB HOME upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 13.71 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 3.29 |
KB HOME Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KB HOME's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KB HOME's standard deviation. In reality, there are many statistical measures that can use KB HOME historical prices to predict the future KB HOME's volatility.| Risk Adjusted Performance | 0.0068 | |||
| Jensen Alpha | (0.0002) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.117 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KB HOME's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
KB HOME Backtested Returns
KB HOME retains Efficiency (Sharpe Ratio) of -0.0188, which conveys that the company had a -0.0188% return per unit of price deviation over the last 3 months. KB HOME exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KB HOME's Mean Deviation of 1.61, market risk adjusted performance of 0.127, and Information Ratio of (0.05) to check out the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.0879, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KB HOME are expected to decrease at a much lower rate. During the bear market, KB HOME is likely to outperform the market. At this point, KB HOME has a negative expected return of -0.0436%. Please make sure to verify KB HOME's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if KB HOME performance from the past will be repeated sooner or later.
Auto-correlation | -0.58 |
Good reverse predictability
KB HOME has good reverse predictability. Overlapping area represents the amount of predictability between KB HOME time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 KB HOME price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current KB HOME price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 6.97 |
KB HOME lagged returns against current returns
Autocorrelation, which is KB HOME 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 KB HOME's stock expected returns. We can calculate the autocorrelation of KB HOME returns to help us make a trade decision. For example, suppose you find that KB HOME 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 |
KB HOME 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 KB HOME stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KB HOME stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KB HOME stock over time.
Current vs Lagged Prices |
| Timeline |
KB HOME Lagged Returns
When evaluating KB HOME's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KB HOME stock have on its future price. KB HOME 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, KB HOME autocorrelation shows the relationship between KB HOME stock current value and its past values and can show if there is a momentum factor associated with investing in KB HOME.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for KBH Stock Analysis
When running KB HOME's price analysis, check to measure KB HOME'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 KB HOME is operating at the current time. Most of KB HOME's value examination focuses on studying past and present price action to predict the probability of KB HOME's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KB HOME's price. Additionally, you may evaluate how the addition of KB HOME to your portfolios can decrease your overall portfolio volatility.