KHD Humboldt (Germany) Market Value
| HETA Stock | EUR 8.80 0.90 11.39% |
| Symbol | KHD |
KHD Humboldt '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 KHD Humboldt'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 KHD Humboldt.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in KHD Humboldt on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding KHD Humboldt Wedag or generate 0.0% return on investment in KHD Humboldt over 660 days. KHD Humboldt is related to or competes with Western Copper, AEGEAN AIRLINES, WESTLAKE CHEMICAL, Gol Intelligent, Southwest Airlines, and Jacquet Metal. KHD Humboldt Wedag Vermgensverwaltungs-AG provides industrial plant equipment and services for the cement and mining ind... More
KHD Humboldt 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 KHD Humboldt'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 KHD Humboldt Wedag upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0569 | |||
| Maximum Drawdown | 33.02 |
KHD Humboldt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KHD Humboldt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KHD Humboldt's standard deviation. In reality, there are many statistical measures that can use KHD Humboldt historical prices to predict the future KHD Humboldt's volatility.| Risk Adjusted Performance | 0.0787 | |||
| Jensen Alpha | 0.4119 | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.50) |
KHD Humboldt Wedag Backtested Returns
KHD Humboldt appears to be slightly risky, given 3 months investment horizon. KHD Humboldt Wedag has Sharpe Ratio of 0.087, which conveys that the firm had a 0.087% return per unit of return volatility over the last 3 months. We have found twenty technical indicators for KHD Humboldt, which you can use to evaluate the volatility of the firm. Please exercise KHD Humboldt's Standard Deviation of 3.7, mean deviation of 1.04, and Risk Adjusted Performance of 0.0787 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KHD Humboldt holds a performance score of 6. The company secures a Beta (Market Risk) of -0.66, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning KHD Humboldt are expected to decrease at a much lower rate. During the bear market, KHD Humboldt is likely to outperform the market. Please check KHD Humboldt's coefficient of variation, variance, jensen alpha, as well as the relationship between the standard deviation and information ratio , to make a quick decision on whether KHD Humboldt's current price movements will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
KHD Humboldt Wedag has almost perfect reverse predictability. Overlapping area represents the amount of predictability between KHD Humboldt time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 KHD Humboldt Wedag price movement. The serial correlation of -0.76 indicates that around 76.0% of current KHD Humboldt price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 1.99 |
KHD Humboldt Wedag lagged returns against current returns
Autocorrelation, which is KHD Humboldt 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 KHD Humboldt's stock expected returns. We can calculate the autocorrelation of KHD Humboldt returns to help us make a trade decision. For example, suppose you find that KHD Humboldt 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 |
KHD Humboldt 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 KHD Humboldt stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KHD Humboldt stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KHD Humboldt stock over time.
Current vs Lagged Prices |
| Timeline |
KHD Humboldt Lagged Returns
When evaluating KHD Humboldt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KHD Humboldt stock have on its future price. KHD Humboldt 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, KHD Humboldt autocorrelation shows the relationship between KHD Humboldt stock current value and its past values and can show if there is a momentum factor associated with investing in KHD Humboldt Wedag.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in KHD Stock
KHD Humboldt financial ratios help investors to determine whether KHD 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 KHD with respect to the benefits of owning KHD Humboldt security.