Kao Corp Adr Stock Market Value
| KAOOY Stock | USD 8.66 0.14 1.64% |
| Symbol | Kao |
Kao Corp '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 Corp'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 Corp.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Kao Corp on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Kao Corp ADR or generate 0.0% return on investment in Kao Corp over 180 days. Kao Corp is related to or competes with Unilever PLC, Hims Hers, Procter Gamble, Kenvue, Kimberly Clark, Colgate Palmolive, and Clorox. Kao Corporation develops and sells cosmetic, skinhair care, human health care, fabric and home care, and chemical produc... More
Kao Corp 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 Corp'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 Corp ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.22 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 3.03 |
Kao Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kao Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kao Corp's standard deviation. In reality, there are many statistical measures that can use Kao Corp historical prices to predict the future Kao Corp's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 1.22 |
Kao Corp ADR Backtested Returns
Kao Corp ADR has Sharpe Ratio of -0.017, which conveys that the firm had a -0.017% return per unit of risk over the last 3 months. Kao Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kao Corp's Risk Adjusted Performance of (0.01), standard deviation of 1.67, and Mean Deviation of 1.23 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0448, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kao Corp are expected to decrease at a much lower rate. During the bear market, Kao Corp is likely to outperform the market. At this point, Kao Corp ADR has a negative expected return of -0.0287%. Please make sure to verify Kao Corp's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Kao Corp ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Kao Corp ADR has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Kao Corp 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 Kao Corp ADR price movement. The serial correlation of -0.74 indicates that around 74.0% of current Kao Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Kao Corp ADR lagged returns against current returns
Autocorrelation, which is Kao Corp 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 Corp's pink sheet expected returns. We can calculate the autocorrelation of Kao Corp returns to help us make a trade decision. For example, suppose you find that Kao Corp 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 Corp 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 Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kao Corp 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 Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kao Corp Lagged Returns
When evaluating Kao Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kao Corp pink sheet have on its future price. Kao Corp 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 Corp autocorrelation shows the relationship between Kao Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kao Corp ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Kao Pink Sheet Analysis
When running Kao Corp's price analysis, check to measure Kao Corp'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 Kao Corp is operating at the current time. Most of Kao Corp's value examination focuses on studying past and present price action to predict the probability of Kao Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kao Corp's price. Additionally, you may evaluate how the addition of Kao Corp to your portfolios can decrease your overall portfolio volatility.