Keen Vision Acquisition Stock Market Value
| KVACW Stock | 0.05 0.01 14.42% |
| Symbol | Keen |
Keen Vision Acquisition Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Keen Vision. If investors know Keen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Keen Vision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Keen Vision Acquisition is measured differently than its book value, which is the value of Keen that is recorded on the company's balance sheet. Investors also form their own opinion of Keen Vision's value that differs from its market value or its book value, called intrinsic value, which is Keen Vision's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Keen Vision's market value can be influenced by many factors that don't directly affect Keen Vision's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Keen Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine if Keen Vision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Keen Vision's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Keen Vision '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 Keen Vision'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 Keen Vision.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Keen Vision on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Keen Vision Acquisition or generate 0.0% return on investment in Keen Vision over 30 days. Keen Vision is related to or competes with Visa, Diamond Hill, Deutsche Bank, and Dynex Capital. Keen Vision is entity of United States. It is traded as Stock on NASDAQ exchange. More
Keen Vision 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 Keen Vision'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 Keen Vision Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.11 | |||
| Information Ratio | 0.045 | |||
| Maximum Drawdown | 118.29 | |||
| Value At Risk | (18.62) | |||
| Potential Upside | 19.8 |
Keen Vision Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Keen Vision's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Keen Vision's standard deviation. In reality, there are many statistical measures that can use Keen Vision historical prices to predict the future Keen Vision's volatility.| Risk Adjusted Performance | 0.0487 | |||
| Jensen Alpha | 0.8147 | |||
| Total Risk Alpha | (1.54) | |||
| Sortino Ratio | 0.0579 | |||
| Treynor Ratio | 0.8982 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Keen Vision'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.
Keen Vision Acquisition Backtested Returns
Keen Vision appears to be out of control, given 3 months investment horizon. Keen Vision Acquisition has Sharpe Ratio of 0.0245, which conveys that the firm had a 0.0245% return per unit of risk over the last 3 months. We have found thirty technical indicators for Keen Vision, which you can use to evaluate the volatility of the firm. Please exercise Keen Vision's Mean Deviation of 10.67, risk adjusted performance of 0.0487, and Downside Deviation of 14.11 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Keen Vision holds a performance score of 1. The company secures a Beta (Market Risk) of 1.02, which conveys a somewhat significant risk relative to the market. Keen Vision returns are very sensitive to returns on the market. As the market goes up or down, Keen Vision is expected to follow. Please check Keen Vision's jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to make a quick decision on whether Keen Vision's current price movements will revert.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Keen Vision Acquisition has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Keen Vision time series from 4th of November 2024 to 19th of November 2024 and 19th of November 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 Keen Vision Acquisition price movement. The serial correlation of -0.72 indicates that around 72.0% of current Keen Vision price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Keen Vision Acquisition lagged returns against current returns
Autocorrelation, which is Keen Vision 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 Keen Vision's stock expected returns. We can calculate the autocorrelation of Keen Vision returns to help us make a trade decision. For example, suppose you find that Keen Vision 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 |
Keen Vision 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 Keen Vision stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Keen Vision stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Keen Vision stock over time.
Current vs Lagged Prices |
| Timeline |
Keen Vision Lagged Returns
When evaluating Keen Vision's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Keen Vision stock have on its future price. Keen Vision 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, Keen Vision autocorrelation shows the relationship between Keen Vision stock current value and its past values and can show if there is a momentum factor associated with investing in Keen Vision Acquisition.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Keen Stock Analysis
When running Keen Vision's price analysis, check to measure Keen Vision'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 Keen Vision is operating at the current time. Most of Keen Vision's value examination focuses on studying past and present price action to predict the probability of Keen Vision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keen Vision's price. Additionally, you may evaluate how the addition of Keen Vision to your portfolios can decrease your overall portfolio volatility.