KALRAY SA's market value is the price at which a share of KALRAY SA trades on a public exchange. It measures the collective expectations of KALRAY SA EO investors about its performance. KALRAY SA is trading at 0.8 as of the 7th of January 2025. This is a 22.33% down since the beginning of the trading day. The stock's lowest day price was 0.8. With this module, you can estimate the performance of a buy and hold strategy of KALRAY SA EO and determine expected loss or profit from investing in KALRAY SA over a given investment horizon. Check out KALRAY SA Correlation, KALRAY SA Volatility and KALRAY SA Alpha and Beta module to complement your research on KALRAY SA.
Please note, there is a significant difference between KALRAY SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if KALRAY SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KALRAY SA'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.
KALRAY SA '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 KALRAY SA'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 KALRAY SA.
0.00
01/18/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/07/2025
0.00
If you would invest 0.00 in KALRAY SA on January 18, 2023 and sell it all today you would earn a total of 0.00 from holding KALRAY SA EO or generate 0.0% return on investment in KALRAY SA over 720 days. KALRAY SA is related to or competes with NISSAN CHEMICAL, CHEMICAL INDUSTRIES, Sekisui Chemical, AUTO TRADER, China BlueChemical, X-FAB Silicon, and Canon Marketing. Kalray S.A. provides low-power and time-critical processor solutions in France More
KALRAY SA 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 KALRAY SA'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 KALRAY SA EO 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 KALRAY SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KALRAY SA's standard deviation. In reality, there are many statistical measures that can use KALRAY SA historical prices to predict the future KALRAY SA's volatility.
KALRAY SA appears to be out of control, given 3 months investment horizon. KALRAY SA EO has Sharpe Ratio of 0.0106, which conveys that the company had a 0.0106% return per unit of volatility over the last 3 months. We have found twenty-one technical indicators for KALRAY SA, which you can use to evaluate the volatility of the entity. Please exercise KALRAY SA's Market Risk Adjusted Performance of 0.0214, mean deviation of 8.67, and Standard Deviation of 18.27 to check out if our risk estimates are consistent with your expectations. The firm secures a Beta (Market Risk) of -2.94, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning KALRAY SA are expected to decrease by larger amounts. On the other hand, during market turmoil, KALRAY SA is expected to outperform it. Please check KALRAY SA's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to make a quick decision on whether KALRAY SA's current price movements will revert.
Auto-correlation
-0.29
Weak reverse predictability
KALRAY SA EO has weak reverse predictability. Overlapping area represents the amount of predictability between KALRAY SA time series from 18th of January 2023 to 13th of January 2024 and 13th of January 2024 to 7th 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 KALRAY SA EO price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current KALRAY SA price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.29
Spearman Rank Test
-0.45
Residual Average
0.0
Price Variance
56.51
KALRAY SA EO lagged returns against current returns
Autocorrelation, which is KALRAY SA 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 KALRAY SA's stock expected returns. We can calculate the autocorrelation of KALRAY SA returns to help us make a trade decision. For example, suppose you find that KALRAY SA 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
KALRAY SA 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 KALRAY SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KALRAY SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KALRAY SA stock over time.
Current vs Lagged Prices
Timeline
KALRAY SA Lagged Returns
When evaluating KALRAY SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KALRAY SA stock have on its future price. KALRAY SA 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, KALRAY SA autocorrelation shows the relationship between KALRAY SA stock current value and its past values and can show if there is a momentum factor associated with investing in KALRAY SA EO.
KALRAY SA financial ratios help investors to determine whether KALRAY 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 KALRAY with respect to the benefits of owning KALRAY SA security.