Korn Ferry (Germany) Market Value
| KFY Stock | EUR 64.63 0.63 0.98% |
| Symbol | Korn |
Korn Ferry '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 Korn Ferry'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 Korn Ferry.
| 01/01/2023 |
| 12/21/2024 |
If you would invest 0.00 in Korn Ferry on January 1, 2023 and sell it all today you would earn a total of 0.00 from holding Korn Ferry or generate 0.0% return on investment in Korn Ferry over 720 days. Korn Ferry is related to or competes with SCANDMEDICAL SOLDK, Avanos Medical, Carsales, Japan Medical, and MEDICAL FACILITIES. Korn Ferry, together with its subsidiaries, provides talent management solutions worldwide More
Korn Ferry 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 Korn Ferry'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 Korn Ferry upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.56 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 12.6 | |||
| Value At Risk | (4.86) | |||
| Potential Upside | 3.48 |
Korn Ferry Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Korn Ferry's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Korn Ferry's standard deviation. In reality, there are many statistical measures that can use Korn Ferry historical prices to predict the future Korn Ferry's volatility.| Risk Adjusted Performance | 0.0081 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.01) |
Korn Ferry Backtested Returns
Korn Ferry has Sharpe Ratio of -0.0081, which conveys that the firm had a -0.0081% return per unit of risk over the last 3 months. Korn Ferry exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Korn Ferry's Downside Deviation of 2.56, mean deviation of 1.7, and Risk Adjusted Performance of 0.0081 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Korn Ferry's returns are expected to increase less than the market. However, during the bear market, the loss of holding Korn Ferry is expected to be smaller as well. At this point, Korn Ferry has a negative expected return of -0.0189%. Please make sure to verify Korn Ferry's potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if Korn Ferry performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Korn Ferry has insignificant reverse predictability. Overlapping area represents the amount of predictability between Korn Ferry time series from 1st of January 2023 to 27th of December 2023 and 27th of December 2023 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 Korn Ferry price movement. The serial correlation of -0.19 indicates that over 19.0% of current Korn Ferry price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 33.67 |
Korn Ferry lagged returns against current returns
Autocorrelation, which is Korn Ferry 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 Korn Ferry's stock expected returns. We can calculate the autocorrelation of Korn Ferry returns to help us make a trade decision. For example, suppose you find that Korn Ferry 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 |
Korn Ferry 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 Korn Ferry stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Korn Ferry stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Korn Ferry stock over time.
Current vs Lagged Prices |
| Timeline |
Korn Ferry Lagged Returns
When evaluating Korn Ferry's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Korn Ferry stock have on its future price. Korn Ferry 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, Korn Ferry autocorrelation shows the relationship between Korn Ferry stock current value and its past values and can show if there is a momentum factor associated with investing in Korn Ferry.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Korn Stock
When determining whether Korn Ferry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Korn Ferry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Korn Ferry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Korn Ferry Stock:Check out Korn Ferry Correlation, Korn Ferry Volatility and Korn Ferry Alpha and Beta module to complement your research on Korn Ferry. For more detail on how to invest in Korn Stock please use our How to Invest in Korn Ferry guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Korn Ferry technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.