Kroger (Germany) Market Value
| KOG Stock | EUR 57.47 0.37 0.64% |
| Symbol | Kroger |
Kroger '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 Kroger'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 Kroger.
| 09/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in Kroger on September 5, 2024 and sell it all today you would earn a total of 0.00 from holding The Kroger Co or generate 0.0% return on investment in Kroger over 90 days. Kroger is related to or competes with Seven I, AHOLD DELHAIADR16, and Loblaw Companies. The company operates supermarkets, multi-department stores, marketplace stores, and price impact warehouse stores More
Kroger 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 Kroger'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 The Kroger Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9281 | |||
| Information Ratio | 0.1137 | |||
| Maximum Drawdown | 9.73 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 3.12 |
Kroger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kroger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kroger's standard deviation. In reality, there are many statistical measures that can use Kroger historical prices to predict the future Kroger's volatility.| Risk Adjusted Performance | 0.1442 | |||
| Jensen Alpha | 0.2523 | |||
| Total Risk Alpha | 0.0672 | |||
| Sortino Ratio | 0.2037 | |||
| Treynor Ratio | 0.7541 |
The Kroger Backtested Returns
Kroger appears to be very steady, given 3 months investment horizon. The Kroger has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Kroger, which you can use to evaluate the volatility of the firm. Please exercise Kroger's Market Risk Adjusted Performance of 0.7641, risk adjusted performance of 0.1442, and Downside Deviation of 0.9281 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kroger holds a performance score of 14. The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kroger's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kroger is expected to be smaller as well. Please check Kroger's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether Kroger's current price movements will revert.
Auto-correlation | 0.72 |
Good predictability
The Kroger Co has good predictability. Overlapping area represents the amount of predictability between Kroger time series from 5th of September 2024 to 20th of October 2024 and 20th of October 2024 to 4th 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 The Kroger price movement. The serial correlation of 0.72 indicates that around 72.0% of current Kroger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 5.33 |
The Kroger lagged returns against current returns
Autocorrelation, which is Kroger 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 Kroger's stock expected returns. We can calculate the autocorrelation of Kroger returns to help us make a trade decision. For example, suppose you find that Kroger 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 |
Kroger 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 Kroger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kroger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kroger stock over time.
Current vs Lagged Prices |
| Timeline |
Kroger Lagged Returns
When evaluating Kroger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kroger stock have on its future price. Kroger 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, Kroger autocorrelation shows the relationship between Kroger stock current value and its past values and can show if there is a momentum factor associated with investing in The Kroger Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kroger Stock
Kroger financial ratios help investors to determine whether Kroger 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 Kroger with respect to the benefits of owning Kroger security.