KLASSIK RADIO (Germany) Market Value
| KA8 Stock | 3.68 0.00 0.00% |
| Symbol | KLASSIK |
KLASSIK RADIO '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 KLASSIK RADIO'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 KLASSIK RADIO.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in KLASSIK RADIO on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding KLASSIK RADIO N or generate 0.0% return on investment in KLASSIK RADIO over 180 days. KLASSIK RADIO is related to or competes with Magnachip Semiconductor, GFL ENVIRONM, Taiwan Semiconductor, Boiron SA, Nordic Semiconductor, and Perma-Fix Environmental. More
KLASSIK RADIO 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 KLASSIK RADIO'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 KLASSIK RADIO N upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.28 | |||
| Information Ratio | 0.0361 | |||
| Maximum Drawdown | 10.68 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 3.05 |
KLASSIK RADIO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KLASSIK RADIO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KLASSIK RADIO's standard deviation. In reality, there are many statistical measures that can use KLASSIK RADIO historical prices to predict the future KLASSIK RADIO's volatility.| Risk Adjusted Performance | 0.092 | |||
| Jensen Alpha | 0.2095 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0284 | |||
| Treynor Ratio | (1.43) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KLASSIK RADIO'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.
KLASSIK RADIO N Backtested Returns
KLASSIK RADIO appears to be slightly risky, given 3 months investment horizon. KLASSIK RADIO N retains Efficiency (Sharpe Ratio) of 0.11, which conveys that the firm had a 0.11% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for KLASSIK RADIO, which you can use to evaluate the volatility of the firm. Please exercise KLASSIK RADIO's Mean Deviation of 1.1, market risk adjusted performance of (1.42), and Downside Deviation of 2.28 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KLASSIK RADIO holds a performance score of 8. The company owns a Beta (Systematic Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KLASSIK RADIO are expected to decrease at a much lower rate. During the bear market, KLASSIK RADIO is likely to outperform the market. Please check KLASSIK RADIO'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 KLASSIK RADIO's current price history will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
KLASSIK RADIO N has almost perfect reverse predictability. Overlapping area represents the amount of predictability between KLASSIK RADIO time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 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 KLASSIK RADIO N price movement. The serial correlation of -0.76 indicates that around 76.0% of current KLASSIK RADIO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
KLASSIK RADIO N lagged returns against current returns
Autocorrelation, which is KLASSIK RADIO 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 KLASSIK RADIO's stock expected returns. We can calculate the autocorrelation of KLASSIK RADIO returns to help us make a trade decision. For example, suppose you find that KLASSIK RADIO 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 |
KLASSIK RADIO 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 KLASSIK RADIO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KLASSIK RADIO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KLASSIK RADIO stock over time.
Current vs Lagged Prices |
| Timeline |
KLASSIK RADIO Lagged Returns
When evaluating KLASSIK RADIO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KLASSIK RADIO stock have on its future price. KLASSIK RADIO 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, KLASSIK RADIO autocorrelation shows the relationship between KLASSIK RADIO stock current value and its past values and can show if there is a momentum factor associated with investing in KLASSIK RADIO N.
Regressed Prices |
| Timeline |
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Additional Tools for KLASSIK Stock Analysis
When running KLASSIK RADIO's price analysis, check to measure KLASSIK RADIO'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 KLASSIK RADIO is operating at the current time. Most of KLASSIK RADIO's value examination focuses on studying past and present price action to predict the probability of KLASSIK RADIO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KLASSIK RADIO's price. Additionally, you may evaluate how the addition of KLASSIK RADIO to your portfolios can decrease your overall portfolio volatility.