KERNEL HLDG's market value is the price at which a share of KERNEL HLDG trades on a public exchange. It measures the collective expectations of KERNEL HLDG investors about its performance. KERNEL HLDG is trading at 3.38 as of the 18th of January 2025, a 0.30 percent increase since the beginning of the trading day. The stock's lowest day price was 3.38. With this module, you can estimate the performance of a buy and hold strategy of KERNEL HLDG and determine expected loss or profit from investing in KERNEL HLDG over a given investment horizon. Check out KERNEL HLDG Correlation, KERNEL HLDG Volatility and KERNEL HLDG Alpha and Beta module to complement your research on KERNEL HLDG.
Please note, there is a significant difference between KERNEL HLDG's value and its price as these two are different measures arrived at by different means. Investors typically determine if KERNEL HLDG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KERNEL HLDG'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.
KERNEL HLDG '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 KERNEL HLDG'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 KERNEL HLDG.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in KERNEL HLDG on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding KERNEL HLDG or generate 0.0% return on investment in KERNEL HLDG over 30 days. KERNEL HLDG is related to or competes with Cincinnati Financial, Gaming, UNIQA INSURANCE, Sun Life, ANTA SPORTS, SUN LIFE, and REVO INSURANCE. More
KERNEL HLDG 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 KERNEL HLDG'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 KERNEL HLDG upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for KERNEL HLDG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KERNEL HLDG's standard deviation. In reality, there are many statistical measures that can use KERNEL HLDG historical prices to predict the future KERNEL HLDG's volatility.
KERNEL HLDG appears to be risky, given 3 months investment horizon. KERNEL HLDG has Sharpe Ratio of 0.0933, which conveys that the firm had a 0.0933% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for KERNEL HLDG, which you can use to evaluate the volatility of the firm. Please exercise KERNEL HLDG's risk adjusted performance of 0.0877, and Mean Deviation of 1.75 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KERNEL HLDG holds a performance score of 7. The company secures a Beta (Market Risk) of -0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning KERNEL HLDG are expected to decrease at a much lower rate. During the bear market, KERNEL HLDG is likely to outperform the market. Please check KERNEL HLDG's jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to make a quick decision on whether KERNEL HLDG's current price movements will revert.
Auto-correlation
-0.46
Modest reverse predictability
KERNEL HLDG has modest reverse predictability. Overlapping area represents the amount of predictability between KERNEL HLDG time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 KERNEL HLDG price movement. The serial correlation of -0.46 indicates that about 46.0% of current KERNEL HLDG price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.46
Spearman Rank Test
-0.36
Residual Average
0.0
Price Variance
0.01
KERNEL HLDG lagged returns against current returns
Autocorrelation, which is KERNEL HLDG 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 KERNEL HLDG's stock expected returns. We can calculate the autocorrelation of KERNEL HLDG returns to help us make a trade decision. For example, suppose you find that KERNEL HLDG 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
KERNEL HLDG 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 KERNEL HLDG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KERNEL HLDG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KERNEL HLDG stock over time.
Current vs Lagged Prices
Timeline
KERNEL HLDG Lagged Returns
When evaluating KERNEL HLDG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KERNEL HLDG stock have on its future price. KERNEL HLDG 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, KERNEL HLDG autocorrelation shows the relationship between KERNEL HLDG stock current value and its past values and can show if there is a momentum factor associated with investing in KERNEL HLDG.
Regressed Prices
Timeline
Also Currently Popular
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.
KERNEL HLDG financial ratios help investors to determine whether KERNEL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KERNEL with respect to the benefits of owning KERNEL HLDG security.