Kamdar Group's market value is the price at which a share of Kamdar Group trades on a public exchange. It measures the collective expectations of Kamdar Group Bhd investors about its performance. Kamdar Group is selling for 0.34 as of the 2nd of December 2024. This is a 3.03 percent increase since the beginning of the trading day. The stock's lowest day price was 0.27. With this module, you can estimate the performance of a buy and hold strategy of Kamdar Group Bhd and determine expected loss or profit from investing in Kamdar Group over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Kamdar
Kamdar Group '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 Kamdar Group'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 Kamdar Group.
0.00
11/02/2024
No Change 0.00
0.0
In 31 days
12/02/2024
0.00
If you would invest 0.00 in Kamdar Group on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Kamdar Group Bhd or generate 0.0% return on investment in Kamdar Group over 30 days.
Kamdar Group 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 Kamdar Group'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 Kamdar Group Bhd 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 Kamdar Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kamdar Group's standard deviation. In reality, there are many statistical measures that can use Kamdar Group historical prices to predict the future Kamdar Group's volatility.
Kamdar Group appears to be out of control, given 3 months investment horizon. Kamdar Group Bhd has Sharpe Ratio of 0.063, which conveys that the firm had a 0.063% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Kamdar Group, which you can use to evaluate the volatility of the firm. Please exercise Kamdar Group's Risk Adjusted Performance of 0.0494, mean deviation of 2.65, and Downside Deviation of 10.12 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kamdar Group holds a performance score of 4. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kamdar Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kamdar Group is expected to be smaller as well. Please check Kamdar Group's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Kamdar Group's current price movements will revert.
Auto-correlation
0.52
Modest predictability
Kamdar Group Bhd has modest predictability. Overlapping area represents the amount of predictability between Kamdar Group time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Kamdar Group Bhd price movement. The serial correlation of 0.52 indicates that about 52.0% of current Kamdar Group price fluctuation can be explain by its past prices.
Correlation Coefficient
0.52
Spearman Rank Test
0.99
Residual Average
0.0
Price Variance
0.0
Kamdar Group Bhd lagged returns against current returns
Autocorrelation, which is Kamdar Group 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 Kamdar Group's stock expected returns. We can calculate the autocorrelation of Kamdar Group returns to help us make a trade decision. For example, suppose you find that Kamdar Group 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
Kamdar Group 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 Kamdar Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kamdar Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kamdar Group stock over time.
Current vs Lagged Prices
Timeline
Kamdar Group Lagged Returns
When evaluating Kamdar Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kamdar Group stock have on its future price. Kamdar Group 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, Kamdar Group autocorrelation shows the relationship between Kamdar Group stock current value and its past values and can show if there is a momentum factor associated with investing in Kamdar Group Bhd.
Regressed Prices
Timeline
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