Kawan Food (Malaysia) Market Value
| 7216 Stock | 1.59 0.01 0.63% |
| Symbol | Kawan |
Kawan Food '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 Kawan Food'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 Kawan Food.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Kawan Food on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Kawan Food Bhd or generate 0.0% return on investment in Kawan Food over 720 days. Kawan Food is related to or competes with Petronas Chemicals, Binasat Communications, ES Ceramics, Oriental Food, and TAS Offshore. More
Kawan Food 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 Kawan Food'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 Kawan Food Bhd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.21 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.23 |
Kawan Food Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kawan Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kawan Food's standard deviation. In reality, there are many statistical measures that can use Kawan Food historical prices to predict the future Kawan Food's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.4786 |
Kawan Food Bhd Backtested Returns
Kawan Food Bhd has Sharpe Ratio of -0.0691, which conveys that the firm had a -0.0691 % return per unit of risk over the last 3 months. Kawan Food exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kawan Food's Mean Deviation of 0.6846, standard deviation of 0.9297, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kawan Food are expected to decrease at a much lower rate. During the bear market, Kawan Food is likely to outperform the market. At this point, Kawan Food Bhd has a negative expected return of -0.0671%. Please make sure to verify Kawan Food's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Kawan Food Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Kawan Food Bhd has good predictability. Overlapping area represents the amount of predictability between Kawan Food time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 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 Kawan Food Bhd price movement. The serial correlation of 0.73 indicates that around 73.0% of current Kawan Food price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kawan Food Bhd lagged returns against current returns
Autocorrelation, which is Kawan Food 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 Kawan Food's stock expected returns. We can calculate the autocorrelation of Kawan Food returns to help us make a trade decision. For example, suppose you find that Kawan Food 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 |
Kawan Food 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 Kawan Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kawan Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kawan Food stock over time.
Current vs Lagged Prices |
| Timeline |
Kawan Food Lagged Returns
When evaluating Kawan Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kawan Food stock have on its future price. Kawan Food 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, Kawan Food autocorrelation shows the relationship between Kawan Food stock current value and its past values and can show if there is a momentum factor associated with investing in Kawan Food Bhd.
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.Other Information on Investing in Kawan Stock
Kawan Food financial ratios help investors to determine whether Kawan 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 Kawan with respect to the benefits of owning Kawan Food security.