K2A Knaust (Sweden) Market Value
| K2A-PREF | SEK 183.00 1.00 0.54% |
| Symbol | K2A |
K2A Knaust '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 K2A Knaust'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 K2A Knaust.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in K2A Knaust on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding K2A Knaust Andersson or generate 0.0% return on investment in K2A Knaust over 360 days. K2A Knaust is related to or competes with Corem Property, Volati AB, NP3 Fastigheter, Heimstaden, and ALM Equity. K2A Knaust Andersson Fastigheter AB operates as a real estate company primarily in the metropolitan areas and university... More
K2A Knaust 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 K2A Knaust'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 K2A Knaust Andersson upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.44 | |||
| Information Ratio | 0.0849 | |||
| Maximum Drawdown | 13.84 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 4.7 |
K2A Knaust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for K2A Knaust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as K2A Knaust's standard deviation. In reality, there are many statistical measures that can use K2A Knaust historical prices to predict the future K2A Knaust's volatility.| Risk Adjusted Performance | 0.1155 | |||
| Jensen Alpha | 0.2614 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1348 | |||
| Treynor Ratio | 0.7054 |
K2A Knaust Andersson Backtested Returns
K2A Knaust appears to be very steady, given 3 months investment horizon. K2A Knaust Andersson retains Efficiency (Sharpe Ratio) of 0.0929, which conveys that the company had a 0.0929% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for K2A Knaust, which you can use to evaluate the volatility of the entity. Please exercise K2A Knaust's Mean Deviation of 1.57, downside deviation of 1.44, and Market Risk Adjusted Performance of 0.7154 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, K2A Knaust holds a performance score of 7. The firm owns a Beta (Systematic Risk) of 0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, K2A Knaust's returns are expected to increase less than the market. However, during the bear market, the loss of holding K2A Knaust is expected to be smaller as well. Please check K2A Knaust's semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether K2A Knaust's current price history will revert.
Auto-correlation | -0.22 |
Weak reverse predictability
K2A Knaust Andersson has weak reverse predictability. Overlapping area represents the amount of predictability between K2A Knaust time series from 1st of December 2023 to 29th of May 2024 and 29th of May 2024 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 K2A Knaust Andersson price movement. The serial correlation of -0.22 indicates that over 22.0% of current K2A Knaust price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 1402.92 |
K2A Knaust Andersson lagged returns against current returns
Autocorrelation, which is K2A Knaust 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 K2A Knaust's stock expected returns. We can calculate the autocorrelation of K2A Knaust returns to help us make a trade decision. For example, suppose you find that K2A Knaust 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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K2A Knaust 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 K2A Knaust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if K2A Knaust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in K2A Knaust stock over time.
Current vs Lagged Prices |
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K2A Knaust Lagged Returns
When evaluating K2A Knaust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of K2A Knaust stock have on its future price. K2A Knaust 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, K2A Knaust autocorrelation shows the relationship between K2A Knaust stock current value and its past values and can show if there is a momentum factor associated with investing in K2A Knaust Andersson.
Regressed Prices |
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Other Information on Investing in K2A Stock
K2A Knaust financial ratios help investors to determine whether K2A 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 K2A with respect to the benefits of owning K2A Knaust security.