Keisei Electric (Germany) Market Value
| KEI Stock | EUR 24.80 0.40 1.59% |
| Symbol | Keisei |
Keisei Electric '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 Keisei Electric'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 Keisei Electric.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Keisei Electric on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Keisei Electric Railway or generate 0.0% return on investment in Keisei Electric over 30 days. Keisei Electric is related to or competes with CSX, Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, RYOHIN UNSPADR1, and Vanguard Funds. Keisei Electric Railway Co., Ltd. provides railway transportation services in Japan More
Keisei Electric 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 Keisei Electric'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 Keisei Electric Railway upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 17.78 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 2.52 |
Keisei Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Keisei Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Keisei Electric's standard deviation. In reality, there are many statistical measures that can use Keisei Electric historical prices to predict the future Keisei Electric's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 4.59 |
Keisei Electric Railway Backtested Returns
Keisei Electric Railway has Sharpe Ratio of -0.0404, which conveys that the firm had a -0.0404% return per unit of risk over the last 3 months. Keisei Electric exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Keisei Electric's Standard Deviation of 2.68, risk adjusted performance of (0.04), and Mean Deviation of 1.84 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0394, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Keisei Electric are expected to decrease at a much lower rate. During the bear market, Keisei Electric is likely to outperform the market. At this point, Keisei Electric Railway has a negative expected return of -0.11%. Please make sure to verify Keisei Electric's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Keisei Electric Railway performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Keisei Electric Railway has good reverse predictability. Overlapping area represents the amount of predictability between Keisei Electric time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Keisei Electric Railway price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Keisei Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Keisei Electric Railway lagged returns against current returns
Autocorrelation, which is Keisei Electric 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 Keisei Electric's stock expected returns. We can calculate the autocorrelation of Keisei Electric returns to help us make a trade decision. For example, suppose you find that Keisei Electric 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 |
Keisei Electric 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 Keisei Electric stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Keisei Electric stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Keisei Electric stock over time.
Current vs Lagged Prices |
| Timeline |
Keisei Electric Lagged Returns
When evaluating Keisei Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Keisei Electric stock have on its future price. Keisei Electric 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, Keisei Electric autocorrelation shows the relationship between Keisei Electric stock current value and its past values and can show if there is a momentum factor associated with investing in Keisei Electric Railway.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Keisei Stock
Keisei Electric financial ratios help investors to determine whether Keisei 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 Keisei with respect to the benefits of owning Keisei Electric security.