Katipult Technology Corp Stock Market Value
| FUND Stock | CAD 0.01 0.01 33.33% |
| Symbol | Katipult |
Katipult Technology '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 Katipult Technology'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 Katipult Technology.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Katipult Technology on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Katipult Technology Corp or generate 0.0% return on investment in Katipult Technology over 30 days. Katipult Technology is related to or competes with NEXE Innovations. Katipult Technology Corp. operates as a financial technology company More
Katipult Technology 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 Katipult Technology'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 Katipult Technology Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 33.63 | |||
| Information Ratio | 0.0202 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Katipult Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Katipult Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Katipult Technology's standard deviation. In reality, there are many statistical measures that can use Katipult Technology historical prices to predict the future Katipult Technology's volatility.| Risk Adjusted Performance | 0.0308 | |||
| Jensen Alpha | 0.3003 | |||
| Total Risk Alpha | (2.54) | |||
| Sortino Ratio | 0.0109 | |||
| Treynor Ratio | 0.3243 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Katipult Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Katipult Technology Corp Backtested Returns
Katipult Technology appears to be out of control, given 3 months investment horizon. Katipult Technology Corp has Sharpe Ratio of 0.0505, which conveys that the firm had a 0.0505% return per unit of risk over the last 3 months. By analyzing Katipult Technology's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please exercise Katipult Technology's Downside Deviation of 33.63, mean deviation of 8.49, and Risk Adjusted Performance of 0.0308 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Katipult Technology holds a performance score of 3. The company secures a Beta (Market Risk) of 1.53, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Katipult Technology will likely underperform. Please check Katipult Technology's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Katipult Technology's current price movements will revert.
Auto-correlation | 0.67 |
Good predictability
Katipult Technology Corp has good predictability. Overlapping area represents the amount of predictability between Katipult Technology time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Katipult Technology Corp price movement. The serial correlation of 0.67 indicates that around 67.0% of current Katipult Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Katipult Technology Corp lagged returns against current returns
Autocorrelation, which is Katipult Technology 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 Katipult Technology's stock expected returns. We can calculate the autocorrelation of Katipult Technology returns to help us make a trade decision. For example, suppose you find that Katipult Technology 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 |
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Katipult Technology 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 Katipult Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Katipult Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Katipult Technology stock over time.
Current vs Lagged Prices |
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Katipult Technology Lagged Returns
When evaluating Katipult Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Katipult Technology stock have on its future price. Katipult Technology 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, Katipult Technology autocorrelation shows the relationship between Katipult Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Katipult Technology Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Katipult Stock Analysis
When running Katipult Technology's price analysis, check to measure Katipult Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Katipult Technology is operating at the current time. Most of Katipult Technology's value examination focuses on studying past and present price action to predict the probability of Katipult Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Katipult Technology's price. Additionally, you may evaluate how the addition of Katipult Technology to your portfolios can decrease your overall portfolio volatility.