KOOL2PLAY (Germany) Market Value
| 8Q8 Stock | 0.18 0.01 5.88% |
| Symbol | KOOL2PLAY |
KOOL2PLAY '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 KOOL2PLAY'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 KOOL2PLAY.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in KOOL2PLAY on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding KOOL2PLAY SA ZY or generate 0.0% return on investment in KOOL2PLAY over 300 days. KOOL2PLAY is related to or competes with Daido Steel, BlueScope Steel, Darden Restaurants, RELIANCE STEEL, SWISS WATER, VARIOUS EATERIES, and United States. More
KOOL2PLAY 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 KOOL2PLAY'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 KOOL2PLAY SA ZY upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 24.26 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 6.25 |
KOOL2PLAY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KOOL2PLAY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KOOL2PLAY's standard deviation. In reality, there are many statistical measures that can use KOOL2PLAY historical prices to predict the future KOOL2PLAY's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (0.35) |
KOOL2PLAY SA ZY Backtested Returns
At this point, KOOL2PLAY is out of control. KOOL2PLAY SA ZY has Sharpe Ratio of 0.0056, which conveys that the firm had a 0.0056% return per unit of volatility over the last 3 months. We have found twenty-three technical indicators for KOOL2PLAY, which you can use to evaluate the volatility of the firm. Please verify KOOL2PLAY's mean deviation of 2.92, and Risk Adjusted Performance of (0.01) to check out if the risk estimate we provide is consistent with the expected return of 0.0264%. The company secures a Beta (Market Risk) of 0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KOOL2PLAY's returns are expected to increase less than the market. However, during the bear market, the loss of holding KOOL2PLAY is expected to be smaller as well. KOOL2PLAY SA ZY currently secures a risk of 4.74%. Please verify KOOL2PLAY SA ZY treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if KOOL2PLAY SA ZY will be following its current price movements.
Auto-correlation | 0.22 |
Weak predictability
KOOL2PLAY SA ZY has weak predictability. Overlapping area represents the amount of predictability between KOOL2PLAY 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 KOOL2PLAY SA ZY price movement. The serial correlation of 0.22 indicates that over 22.0% of current KOOL2PLAY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
KOOL2PLAY SA ZY lagged returns against current returns
Autocorrelation, which is KOOL2PLAY 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 KOOL2PLAY's stock expected returns. We can calculate the autocorrelation of KOOL2PLAY returns to help us make a trade decision. For example, suppose you find that KOOL2PLAY 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 |
KOOL2PLAY 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 KOOL2PLAY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KOOL2PLAY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KOOL2PLAY stock over time.
Current vs Lagged Prices |
| Timeline |
KOOL2PLAY Lagged Returns
When evaluating KOOL2PLAY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KOOL2PLAY stock have on its future price. KOOL2PLAY 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, KOOL2PLAY autocorrelation shows the relationship between KOOL2PLAY stock current value and its past values and can show if there is a momentum factor associated with investing in KOOL2PLAY SA ZY.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in KOOL2PLAY Stock
KOOL2PLAY financial ratios help investors to determine whether KOOL2PLAY 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 KOOL2PLAY with respect to the benefits of owning KOOL2PLAY security.