KOSE P (Germany) Market Value
| 49K Stock | EUR 41.00 0.80 1.99% |
| Symbol | KOSE |
KOSE P '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 KOSE P'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 KOSE P.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in KOSE P on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding KOSE P or generate 0.0% return on investment in KOSE P over 30 days. KOSE P is related to or competes with Cass Information, Northern Data, Lendlease, NTT DATA, UNITED RENTALS, and Automatic Data. KOS Corporation, together with its subsidiaries, manufactures, markets, and sells cosmetics primarily in Asia and the Un... More
KOSE P 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 KOSE P'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 KOSE P upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 8.04 | |||
| Value At Risk | (5.15) | |||
| Potential Upside | 2.4 |
KOSE P Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KOSE P's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KOSE P's standard deviation. In reality, there are many statistical measures that can use KOSE P historical prices to predict the future KOSE P's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (28.51) |
KOSE P Backtested Returns
KOSE P has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17 % return per unit of volatility over the last 3 months. KOSE P exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KOSE P's risk adjusted performance of (0.14), and Mean Deviation of 1.24 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0111, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KOSE P's returns are expected to increase less than the market. However, during the bear market, the loss of holding KOSE P is expected to be smaller as well. At this point, KOSE P has a negative expected return of -0.31%. Please make sure to verify KOSE P's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if KOSE P performance from the past will be repeated at future time.
Auto-correlation | 0.65 |
Good predictability
KOSE P has good predictability. Overlapping area represents the amount of predictability between KOSE P time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 KOSE P price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current KOSE P price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
KOSE P lagged returns against current returns
Autocorrelation, which is KOSE P 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 KOSE P's stock expected returns. We can calculate the autocorrelation of KOSE P returns to help us make a trade decision. For example, suppose you find that KOSE P 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 |
KOSE P 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 KOSE P stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KOSE P stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KOSE P stock over time.
Current vs Lagged Prices |
| Timeline |
KOSE P Lagged Returns
When evaluating KOSE P's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KOSE P stock have on its future price. KOSE P 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, KOSE P autocorrelation shows the relationship between KOSE P stock current value and its past values and can show if there is a momentum factor associated with investing in KOSE P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in KOSE Stock
KOSE P financial ratios help investors to determine whether KOSE 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 KOSE with respect to the benefits of owning KOSE P security.