Kaufman Broad (Germany) Market Value
| 3GH Stock | EUR 31.75 0.65 2.01% |
| Symbol | Kaufman |
Kaufman Broad '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 Kaufman Broad'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 Kaufman Broad.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Kaufman Broad on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Kaufman Broad SA or generate 0.0% return on investment in Kaufman Broad over 300 days. Kaufman Broad is related to or competes with ATRESMEDIA, Townsquare Media, ZURICH INSURANCE, REVO INSURANCE, GigaMedia, and Dave Busters. Kaufman Broad S.A. operates as a property developer and builder in France More
Kaufman Broad 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 Kaufman Broad'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 Kaufman Broad SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 11.87 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.92 |
Kaufman Broad Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kaufman Broad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kaufman Broad's standard deviation. In reality, there are many statistical measures that can use Kaufman Broad historical prices to predict the future Kaufman Broad's volatility.| Risk Adjusted Performance | 0.0352 | |||
| Jensen Alpha | 0.0397 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.3305 |
Kaufman Broad SA Backtested Returns
At this point, Kaufman Broad is very steady. Kaufman Broad SA has Sharpe Ratio of 0.0461, which conveys that the firm had a 0.0461% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kaufman Broad, which you can use to evaluate the volatility of the firm. Please verify Kaufman Broad's Mean Deviation of 1.34, downside deviation of 1.63, and Risk Adjusted Performance of 0.0352 to check out if the risk estimate we provide is consistent with the expected return of 0.0882%. Kaufman Broad has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kaufman Broad's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kaufman Broad is expected to be smaller as well. Kaufman Broad SA right now secures a risk of 1.91%. Please verify Kaufman Broad SA standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Kaufman Broad SA will be following its current price movements.
Auto-correlation | 0.69 |
Good predictability
Kaufman Broad SA has good predictability. Overlapping area represents the amount of predictability between Kaufman Broad time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th of November 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 Kaufman Broad SA price movement. The serial correlation of 0.69 indicates that around 69.0% of current Kaufman Broad price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 3.78 |
Kaufman Broad SA lagged returns against current returns
Autocorrelation, which is Kaufman Broad 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 Kaufman Broad's stock expected returns. We can calculate the autocorrelation of Kaufman Broad returns to help us make a trade decision. For example, suppose you find that Kaufman Broad 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 |
Kaufman Broad 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 Kaufman Broad stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kaufman Broad stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kaufman Broad stock over time.
Current vs Lagged Prices |
| Timeline |
Kaufman Broad Lagged Returns
When evaluating Kaufman Broad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kaufman Broad stock have on its future price. Kaufman Broad 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, Kaufman Broad autocorrelation shows the relationship between Kaufman Broad stock current value and its past values and can show if there is a momentum factor associated with investing in Kaufman Broad SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kaufman Stock
Kaufman Broad financial ratios help investors to determine whether Kaufman 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 Kaufman with respect to the benefits of owning Kaufman Broad security.