Kakel Max (Sweden) Market Value
| KAKEL Stock | SEK 10.10 0.40 4.12% |
| Symbol | Kakel |
Kakel Max '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 Kakel Max'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 Kakel Max.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Kakel Max on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Kakel Max AB or generate 0.0% return on investment in Kakel Max over 90 days. Kakel Max is related to or competes with AXichem AB, Polygiene, Nordic Iron, and Arctic Gold. Kakel Max AB operates in the building ceramic market in Sweden More
Kakel Max 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 Kakel Max'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 Kakel Max AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 15.93 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 4.12 |
Kakel Max Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kakel Max's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kakel Max's standard deviation. In reality, there are many statistical measures that can use Kakel Max historical prices to predict the future Kakel Max's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | 2.68 |
Kakel Max AB Backtested Returns
Kakel Max AB has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Kakel Max exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kakel Max's Risk Adjusted Performance of (0.07), standard deviation of 2.56, and Mean Deviation of 1.49 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kakel Max are expected to decrease at a much lower rate. During the bear market, Kakel Max is likely to outperform the market. At this point, Kakel Max AB has a negative expected return of -0.26%. Please make sure to verify Kakel Max's treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to decide if Kakel Max AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.09 |
Virtually no predictability
Kakel Max AB has virtually no predictability. Overlapping area represents the amount of predictability between Kakel Max time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Kakel Max AB price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Kakel Max price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Kakel Max AB lagged returns against current returns
Autocorrelation, which is Kakel Max 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 Kakel Max's stock expected returns. We can calculate the autocorrelation of Kakel Max returns to help us make a trade decision. For example, suppose you find that Kakel Max 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 |
Kakel Max 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 Kakel Max stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kakel Max stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kakel Max stock over time.
Current vs Lagged Prices |
| Timeline |
Kakel Max Lagged Returns
When evaluating Kakel Max's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kakel Max stock have on its future price. Kakel Max 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, Kakel Max autocorrelation shows the relationship between Kakel Max stock current value and its past values and can show if there is a momentum factor associated with investing in Kakel Max AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Kakel Stock Analysis
When running Kakel Max's price analysis, check to measure Kakel Max'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 Kakel Max is operating at the current time. Most of Kakel Max's value examination focuses on studying past and present price action to predict the probability of Kakel Max's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kakel Max's price. Additionally, you may evaluate how the addition of Kakel Max to your portfolios can decrease your overall portfolio volatility.