Kao Corporation Stock Market Value
| KAOCF Stock | USD 38.65 0.00 0.00% |
| Symbol | Kao |
Kao '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 Kao's pink sheet 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 Kao.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Kao on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Kao Corporation or generate 0.0% return on investment in Kao over 30 days. Kao is related to or competes with L’Oreal Co, Unilever PLC, Kimberly Clark, Clorox, Colgate Palmolive, Inter Parfums, and Honest. Kao Corporation develops and sells cosmetic, skinhair care, human health care, fabric and home care, and chemical produc... More
Kao 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 Kao's pink sheet 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 Kao Corporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 28.81 |
Kao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kao's standard deviation. In reality, there are many statistical measures that can use Kao historical prices to predict the future Kao's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.65) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kao'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.
Kao Corporation Backtested Returns
Kao Corporation has Sharpe Ratio of -0.0495, which conveys that the firm had a -0.0495% return per unit of risk over the last 3 months. Kao exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kao's Mean Deviation of 0.6711, risk adjusted performance of (0.03), and Standard Deviation of 2.67 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kao is expected to be smaller as well. At this point, Kao Corporation has a negative expected return of -0.14%. Please make sure to verify Kao's information ratio, skewness, as well as the relationship between the Skewness and day median price , to decide if Kao Corporation performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Kao Corporation has no correlation between past and present. Overlapping area represents the amount of predictability between Kao time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Kao Corporation price movement. The serial correlation of 0.0 indicates that just 0.0% of current Kao price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kao Corporation lagged returns against current returns
Autocorrelation, which is Kao pink sheet'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 Kao's pink sheet expected returns. We can calculate the autocorrelation of Kao returns to help us make a trade decision. For example, suppose you find that Kao has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Kao 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 Kao pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kao pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kao pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kao Lagged Returns
When evaluating Kao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kao pink sheet have on its future price. Kao 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, Kao autocorrelation shows the relationship between Kao pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kao Corporation.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kao Pink Sheet
Kao financial ratios help investors to determine whether Kao Pink Sheet 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 Kao with respect to the benefits of owning Kao security.