K N ENERGY Market Value
| 482620AX9 | 108.73 10.84 9.07% |
| Symbol | 482620AX9 |
482620AX9 '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 482620AX9's bond 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 482620AX9.
| 09/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in 482620AX9 on September 16, 2024 and sell it all today you would earn a total of 0.00 from holding K N ENERGY or generate 0.0% return on investment in 482620AX9 over 90 days. 482620AX9 is related to or competes with NETGEAR, Asure Software, Grupo Televisa, Paysafe, Nuvalent, Digi International, and Iridium Communications. More
482620AX9 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 482620AX9's bond 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 K N ENERGY upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.73 | |||
| Value At Risk | (5.04) | |||
| Potential Upside | 3.27 |
482620AX9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 482620AX9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 482620AX9's standard deviation. In reality, there are many statistical measures that can use 482620AX9 historical prices to predict the future 482620AX9's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.1169 |
K N ENERGY Backtested Returns
K N ENERGY secures Sharpe Ratio (or Efficiency) of -0.0119, which signifies that the bond had a -0.0119% return per unit of risk over the last 3 months. K N ENERGY exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 482620AX9's mean deviation of 1.75, and Variance of 6.15 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 482620AX9 are expected to decrease at a much lower rate. During the bear market, 482620AX9 is likely to outperform the market.
Auto-correlation | 0.36 |
Below average predictability
K N ENERGY has below average predictability. Overlapping area represents the amount of predictability between 482620AX9 time series from 16th of September 2024 to 31st of October 2024 and 31st of October 2024 to 15th 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 K N ENERGY price movement. The serial correlation of 0.36 indicates that just about 36.0% of current 482620AX9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 8.63 |
K N ENERGY lagged returns against current returns
Autocorrelation, which is 482620AX9 bond'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 482620AX9's bond expected returns. We can calculate the autocorrelation of 482620AX9 returns to help us make a trade decision. For example, suppose you find that 482620AX9 has exhibited high autocorrelation historically, and you observe that the bond 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 |
482620AX9 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 482620AX9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 482620AX9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 482620AX9 bond over time.
Current vs Lagged Prices |
| Timeline |
482620AX9 Lagged Returns
When evaluating 482620AX9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 482620AX9 bond have on its future price. 482620AX9 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, 482620AX9 autocorrelation shows the relationship between 482620AX9 bond current value and its past values and can show if there is a momentum factor associated with investing in K N ENERGY.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in 482620AX9 Bond
482620AX9 financial ratios help investors to determine whether 482620AX9 Bond 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 482620AX9 with respect to the benefits of owning 482620AX9 security.