KAP AG (Germany) Market Value
| IUR Stock | EUR 10.10 0.10 1.00% |
| Symbol | KAP |
KAP AG '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 KAP AG'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 KAP AG.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in KAP AG on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding KAP AG or generate 0.0% return on investment in KAP AG over 30 days. KAP AG is related to or competes with Superior Plus, Origin Agritech, SIVERS SEMICONDUCTORS, NorAm Drilling, and Identiv. KAP AG, through its subsidiaries, primarily provides engineered products in Germany, rest of Europe, NorthSouth America,... More
KAP AG 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 KAP AG'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 KAP AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 11.49 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 2.94 |
KAP AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KAP AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KAP AG's standard deviation. In reality, there are many statistical measures that can use KAP AG historical prices to predict the future KAP AG's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | 1.19 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KAP AG'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.
KAP AG Backtested Returns
KAP AG has Sharpe Ratio of -0.24, which conveys that the company had a -0.24% return per unit of volatility over the last 3 months. KAP AG exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KAP AG's Market Risk Adjusted Performance of 1.2, standard deviation of 1.92, and Mean Deviation of 1.25 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of -0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning KAP AG are expected to decrease at a much lower rate. During the bear market, KAP AG is likely to outperform the market. KAP AG has an expected return of -0.47%. Please make sure to verify KAP AG kurtosis, day typical price, and the relationship between the potential upside and rate of daily change , to decide if KAP AG performance from the past will be repeated in the future.
Auto-correlation | -0.81 |
Excellent reverse predictability
KAP AG has excellent reverse predictability. Overlapping area represents the amount of predictability between KAP AG time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 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 KAP AG price movement. The serial correlation of -0.81 indicates that around 81.0% of current KAP AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
KAP AG lagged returns against current returns
Autocorrelation, which is KAP AG 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 KAP AG's stock expected returns. We can calculate the autocorrelation of KAP AG returns to help us make a trade decision. For example, suppose you find that KAP AG 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 |
KAP AG 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 KAP AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KAP AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KAP AG stock over time.
Current vs Lagged Prices |
| Timeline |
KAP AG Lagged Returns
When evaluating KAP AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KAP AG stock have on its future price. KAP AG 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, KAP AG autocorrelation shows the relationship between KAP AG stock current value and its past values and can show if there is a momentum factor associated with investing in KAP AG.
Regressed Prices |
| Timeline |
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Complementary Tools for KAP Stock analysis
When running KAP AG's price analysis, check to measure KAP AG'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 KAP AG is operating at the current time. Most of KAP AG's value examination focuses on studying past and present price action to predict the probability of KAP AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KAP AG's price. Additionally, you may evaluate how the addition of KAP AG to your portfolios can decrease your overall portfolio volatility.
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KAP AG 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.