Kroger (UK) Market Value
| 0JS2 Stock | 61.31 0.06 0.1% |
| Symbol | Kroger |
Kroger '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 Kroger'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 Kroger.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Kroger on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Kroger Co or generate 0.0% return on investment in Kroger over 150 days. Kroger is related to or competes with Planet Fitness, Eco Animal, Hochschild Mining, HCA Healthcare, Endeavour Mining, Omega Healthcare, and Spire Healthcare. Kroger is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Kroger 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 Kroger'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 Kroger Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | 0.0334 | |||
| Maximum Drawdown | 6.6 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.42 |
Kroger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kroger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kroger's standard deviation. In reality, there are many statistical measures that can use Kroger historical prices to predict the future Kroger's volatility.| Risk Adjusted Performance | 0.0952 | |||
| Jensen Alpha | 0.1433 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0335 | |||
| Treynor Ratio | (1.24) |
Kroger Backtested Returns
Currently, Kroger Co is very steady. Kroger has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kroger, which you can use to evaluate the volatility of the firm. Please verify Kroger's Risk Adjusted Performance of 0.0952, downside deviation of 1.3, and Mean Deviation of 0.9749 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Kroger has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kroger are expected to decrease at a much lower rate. During the bear market, Kroger is likely to outperform the market. Kroger right now secures a risk of 1.34%. Please verify Kroger Co downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Kroger Co will be following its current price movements.
Auto-correlation | 0.14 |
Insignificant predictability
Kroger Co has insignificant predictability. Overlapping area represents the amount of predictability between Kroger time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kroger price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Kroger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1.99 |
Kroger lagged returns against current returns
Autocorrelation, which is Kroger 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 Kroger's stock expected returns. We can calculate the autocorrelation of Kroger returns to help us make a trade decision. For example, suppose you find that Kroger 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 |
Kroger 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 Kroger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kroger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kroger stock over time.
Current vs Lagged Prices |
| Timeline |
Kroger Lagged Returns
When evaluating Kroger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kroger stock have on its future price. Kroger 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, Kroger autocorrelation shows the relationship between Kroger stock current value and its past values and can show if there is a momentum factor associated with investing in Kroger Co.
Regressed Prices |
| Timeline |
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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.Additional Tools for Kroger Stock Analysis
When running Kroger's price analysis, check to measure Kroger'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 Kroger is operating at the current time. Most of Kroger's value examination focuses on studying past and present price action to predict the probability of Kroger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kroger's price. Additionally, you may evaluate how the addition of Kroger to your portfolios can decrease your overall portfolio volatility.