Flour Mills (Greece) Market Value
| KEPEN Stock | EUR 2.22 0.22 11.00% |
| Symbol | Flour |
Flour Mills '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 Flour Mills' 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 Flour Mills.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Flour Mills on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Flour Mills Kepenos or generate 0.0% return on investment in Flour Mills over 30 days. Flour Mills is related to or competes with As Commercial, Ktima Kostas, Trastor Real, Kri Kri, and Mevaco SA. Flour Mills Kepenos S.A. produces and sells wheat and other cereals flours in Greece More
Flour Mills 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 Flour Mills' 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 Flour Mills Kepenos upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.92 | |||
| Information Ratio | 0.108 | |||
| Maximum Drawdown | 19.91 | |||
| Value At Risk | (8.11) | |||
| Potential Upside | 9.9 |
Flour Mills Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flour Mills' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flour Mills' standard deviation. In reality, there are many statistical measures that can use Flour Mills historical prices to predict the future Flour Mills' volatility.| Risk Adjusted Performance | 0.1074 | |||
| Jensen Alpha | 0.6119 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.078 | |||
| Treynor Ratio | (1.86) |
Flour Mills Kepenos Backtested Returns
Flour Mills appears to be dangerous, given 3 months investment horizon. Flour Mills Kepenos secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. By reviewing Flour Mills' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Flour Mills' Mean Deviation of 2.61, downside deviation of 5.92, and Coefficient Of Variation of 729.13 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Flour Mills holds a performance score of 10. The firm shows a Beta (market volatility) of -0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Flour Mills are expected to decrease at a much lower rate. During the bear market, Flour Mills is likely to outperform the market. Please check Flour Mills' maximum drawdown, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Flour Mills' price patterns will revert.
Auto-correlation | -0.22 |
Weak reverse predictability
Flour Mills Kepenos has weak reverse predictability. Overlapping area represents the amount of predictability between Flour Mills 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 Flour Mills Kepenos price movement. The serial correlation of -0.22 indicates that over 22.0% of current Flour Mills price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Flour Mills Kepenos lagged returns against current returns
Autocorrelation, which is Flour Mills 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 Flour Mills' stock expected returns. We can calculate the autocorrelation of Flour Mills returns to help us make a trade decision. For example, suppose you find that Flour Mills 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 |
Flour Mills 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 Flour Mills stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flour Mills stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flour Mills stock over time.
Current vs Lagged Prices |
| Timeline |
Flour Mills Lagged Returns
When evaluating Flour Mills' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flour Mills stock have on its future price. Flour Mills 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, Flour Mills autocorrelation shows the relationship between Flour Mills stock current value and its past values and can show if there is a momentum factor associated with investing in Flour Mills Kepenos.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Flour Stock
Flour Mills financial ratios help investors to determine whether Flour 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 Flour with respect to the benefits of owning Flour Mills security.