Kurita OTC Stock Market Value

KTWIF
 Stock
  

USD 35.80  0.37  1.02%   

Kurita Water's market value is the price at which a share of Kurita Water stock trades on a public exchange. It measures the collective expectations of Kurita Water Inds investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Kurita Water Inds and determine expected loss or profit from investing in Kurita Water over a given investment horizon. Please see Kurita Water Hype Analysis, Kurita Water Correlation, Kurita Water Valuation, Kurita Water Volatility, as well as analyze Kurita Water Alpha and Beta and Kurita Water Performance.
Symbol
Backtest


Is Kurita Water's industry 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 Kurita Water. If investors know Kurita 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 Kurita Water listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.55
Market Capitalization
B
Quarterly Revenue Growth YOY
0.1
Return On Assets
0.0499
Return On Equity
0.0733
The market value of Kurita Water Inds is measured differently than its book value, which is the value of Kurita that is recorded on the company's balance sheet. Investors also form their own opinion of Kurita Water's value that differs from its market value or its book value, called intrinsic value, which is Kurita Water'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 Kurita Water's market value can be influenced by many factors that don't directly affect Kurita Water'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 Kurita Water's value and its price as these two are different measures arrived at by different means. Investors typically determine Kurita Water value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kurita Water'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.

Kurita Water '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 Kurita Water's otc 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 Kurita Water.
0.00
07/14/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
07/04/2022
0.00
If you would invest  0.00  in Kurita Water on July 14, 2020 and sell it all today you would earn a total of 0.00 from holding Kurita Water Inds or generate 0.0% return on investment in Kurita Water over 720 days. Kurita Water is related to or competes with Evoqua Water, and Genesis Unicorn. Kurita Water Industries Ltd. provides various water treatment solutions in Japan, rest of Asia, North America, Europe, t...More

Kurita Water 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 Kurita Water's otc 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 Kurita Water Inds upside and downside potential and time the market with a certain degree of confidence.

Kurita Water Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Kurita Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kurita Water's standard deviation. In reality, there are many statistical measures that can use Kurita Water historical prices to predict the future Kurita Water's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Kurita Water'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. Please use the tools below to analyze the current value of Kurita Water in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
33.1335.8038.47
Details
Intrinsic
Valuation
LowReal ValueHigh
27.3330.0039.38
Details
Naive
Forecast
LowNext ValueHigh
32.0034.6737.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
30.5135.1839.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kurita Water. Your research has to be compared to or analyzed against Kurita Water's peers to derive any actionable benefits. When done correctly, Kurita Water's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Kurita Water Inds.

Kurita Water Inds Backtested Returns

Kurita Water Inds has Sharpe Ratio of -0.028, which conveys that the firm had -0.028% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Kurita Water exposes twenty-five different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Kurita Water Inds Coefficient Of Variation of 814.91, risk adjusted performance of 0.1841, and Mean Deviation of 46.92 to check out the risk estimate we provide.
The company secures a Beta (Market Risk) of -0.2072, which conveys not very significant fluctuations relative to the market. Let's try to break down what Kurita's beta means in this case. As returns on the market increase, returns on owning Kurita Water are expected to decrease at a much lower rate. During the bear market, Kurita Water is likely to outperform the market. Even though it is essential to pay attention to Kurita Water Inds price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Kurita Water exposes twenty-five different technical indicators, which can help you to evaluate its performance. Kurita Water Inds has an expected return of -0.0746%. Please be advised to verify Kurita Water Inds value at risk, as well as the relationship between the expected short fall and rate of daily change to decide if Kurita Water Inds performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.16  

Very weak predictability

Kurita Water Inds has very weak predictability. Overlapping area represents the amount of predictability between Kurita Water time series from 14th of July 2020 to 9th of July 2021 and 9th of July 2021 to 4th of July 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kurita Water Inds price movement. The serial correlation of 0.16 indicates that over 16.0% of current Kurita Water price fluctuation can be explain by its past prices.
Correlation Coefficient0.16
Spearman Rank Test0.0
Residual Average0.0
Price Variance163.7

Kurita Water Inds lagged returns against current returns

Autocorrelation, which is Kurita Water otc 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 Kurita Water's otc stock expected returns. We can calculate the autocorrelation of Kurita Water returns to help us make a trade decision. For example, suppose you find that Kurita Water otc stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Kurita Water 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 Kurita Water otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kurita Water otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kurita Water otc stock over time.
 Current vs Lagged Prices 
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      Timeline 

Kurita Water Lagged Returns

When evaluating Kurita Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kurita Water otc stock have on its future price. Kurita Water 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, Kurita Water autocorrelation shows the relationship between Kurita Water otc stock current value and its past values and can show if there is a momentum factor associated with investing in Kurita Water Inds.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Kurita Water without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see Kurita Water Hype Analysis, Kurita Water Correlation, Kurita Water Valuation, Kurita Water Volatility, as well as analyze Kurita Water Alpha and Beta and Kurita Water Performance. Note that the Kurita Water Inds information on this page should be used as a complementary analysis to other Kurita Water'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Kurita OTC Stock analysis

When running Kurita Water Inds price analysis, check to measure Kurita Water'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 Kurita Water is operating at the current time. Most of Kurita Water's value examination focuses on studying past and present price action to predict the probability of Kurita Water's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kurita Water's price. Additionally, you may evaluate how the addition of Kurita Water to your portfolios can decrease your overall portfolio volatility.
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Kurita Water technical otc 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.
A focus of Kurita Water technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kurita Water trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...