Kardan NV (Israel) Market Value
| KRNV Stock | ILS 4.00 0.00 0.00% |
| Symbol | Kardan |
Kardan NV '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 Kardan NV'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 Kardan NV.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Kardan NV on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Kardan NV or generate 0.0% return on investment in Kardan NV over 30 days. Kardan NV is related to or competes with Bayside Land, Ashtrom, Airport City, Maslavi, Summit, Brack Capit, and Israel Canada. Kardan N.V. engages in the real estate business in China, Bulgaria, and Romania More
Kardan NV 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 Kardan NV'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 Kardan NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.22 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 45.2 | |||
| Value At Risk | (14.63) | |||
| Potential Upside | 16.67 |
Kardan NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kardan NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kardan NV's standard deviation. In reality, there are many statistical measures that can use Kardan NV historical prices to predict the future Kardan NV's volatility.| Risk Adjusted Performance | 0.0112 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (1.22) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.028 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kardan NV'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.
Kardan NV Backtested Returns
We consider Kardan NV dangerous. Kardan NV has Sharpe Ratio of 0.0067, which conveys that the firm had a 0.0067% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Kardan NV, which you can use to evaluate the volatility of the firm. Please verify Kardan NV's Downside Deviation of 9.22, mean deviation of 6.51, and Risk Adjusted Performance of 0.0112 to check out if the risk estimate we provide is consistent with the expected return of 0.0635%. The company secures a Beta (Market Risk) of 0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kardan NV's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kardan NV is expected to be smaller as well. Kardan NV right now secures a risk of 9.49%. Please verify Kardan NV total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Kardan NV will be following its current price movements.
Auto-correlation | 0.18 |
Very weak predictability
Kardan NV has very weak predictability. Overlapping area represents the amount of predictability between Kardan NV time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Kardan NV price movement. The serial correlation of 0.18 indicates that over 18.0% of current Kardan NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Kardan NV lagged returns against current returns
Autocorrelation, which is Kardan NV 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 Kardan NV's stock expected returns. We can calculate the autocorrelation of Kardan NV returns to help us make a trade decision. For example, suppose you find that Kardan NV 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 |
Kardan NV 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 Kardan NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kardan NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kardan NV stock over time.
Current vs Lagged Prices |
| Timeline |
Kardan NV Lagged Returns
When evaluating Kardan NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kardan NV stock have on its future price. Kardan NV 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, Kardan NV autocorrelation shows the relationship between Kardan NV stock current value and its past values and can show if there is a momentum factor associated with investing in Kardan NV.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kardan NV in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kardan NV's short interest history, or implied volatility extrapolated from Kardan NV options trading.
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Complementary Tools for Kardan Stock analysis
When running Kardan NV's price analysis, check to measure Kardan NV'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 Kardan NV is operating at the current time. Most of Kardan NV's value examination focuses on studying past and present price action to predict the probability of Kardan NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kardan NV's price. Additionally, you may evaluate how the addition of Kardan NV to your portfolios can decrease your overall portfolio volatility.
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Kardan NV 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.