Kao Corporation Stock Market Value
| KAOCF Stock | USD 41.35 0.08 0.19% |
| Symbol | Kao |
Kao '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 Kao's pink sheet 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 Kao.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Kao on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Kao Corporation or generate 0.0% return on investment in Kao over 30 days. Kao is related to or competes with Church Dwight, LOreal Co, Estee Lauder, Inter Parfums, and European Wax. Kao Corporation develops and sells cosmetic, skinhair care, human health care, fabric and home care, and chemical produc... More
Kao 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 Kao's pink sheet 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 Kao Corporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.57 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.8689 |
Kao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kao's standard deviation. In reality, there are many statistical measures that can use Kao historical prices to predict the future Kao's volatility.| Risk Adjusted Performance | 0.0336 | |||
| Jensen Alpha | 0.0325 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 1.95 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kao'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.
Kao Corporation Backtested Returns
We consider Kao very steady. Kao Corporation has Sharpe Ratio of 0.0512, which conveys that the firm had a 0.0512% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Kao, which you can use to evaluate the volatility of the firm. Please verify Kao's Mean Deviation of 0.2855, standard deviation of 0.8778, and Risk Adjusted Performance of 0.0336 to check out if the risk estimate we provide is consistent with the expected return of 0.0463%. Kao has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0172, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kao is expected to be smaller as well. Kao Corporation right now secures a risk of 0.91%. Please verify Kao Corporation kurtosis, and the relationship between the treynor ratio and day median price , to decide if Kao Corporation will be following its current price movements.
Auto-correlation | 0.08 |
Virtually no predictability
Kao Corporation has virtually no predictability. Overlapping area represents the amount of predictability between Kao time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Kao Corporation price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Kao price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Kao Corporation lagged returns against current returns
Autocorrelation, which is Kao pink sheet'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 Kao's pink sheet expected returns. We can calculate the autocorrelation of Kao returns to help us make a trade decision. For example, suppose you find that Kao has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Kao 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 Kao pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kao pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kao pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kao Lagged Returns
When evaluating Kao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kao pink sheet have on its future price. Kao 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, Kao autocorrelation shows the relationship between Kao pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kao Corporation.
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 Kao 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, Kao's short interest history, or implied volatility extrapolated from Kao options trading.
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Try AI Portfolio ArchitectCheck out Kao Correlation, Kao Volatility and Kao Alpha and Beta module to complement your research on Kao. Note that the Kao Corporation information on this page should be used as a complementary analysis to other Kao's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Kao Pink Sheet analysis
When running Kao's price analysis, check to measure Kao'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 Kao is operating at the current time. Most of Kao's value examination focuses on studying past and present price action to predict the probability of Kao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kao's price. Additionally, you may evaluate how the addition of Kao to your portfolios can decrease your overall portfolio volatility.
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Kao technical pink sheet 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, pink sheet market cycles, or different charting patterns.