KARO INVEST (Czech Republic) Market Value
| KARIN Stock | 160.00 0.00 0.00% |
| Symbol | KARO |
KARO INVEST '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 KARO INVEST'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 KARO INVEST.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in KARO INVEST on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding KARO INVEST as or generate 0.0% return on investment in KARO INVEST over 720 days.
KARO INVEST 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 KARO INVEST'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 KARO INVEST as upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.62 | |||
| Information Ratio | 0.1457 | |||
| Maximum Drawdown | 6.68 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 2.56 |
KARO INVEST Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KARO INVEST's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KARO INVEST's standard deviation. In reality, there are many statistical measures that can use KARO INVEST historical prices to predict the future KARO INVEST's volatility.| Risk Adjusted Performance | 0.1138 | |||
| Jensen Alpha | 0.1898 | |||
| Total Risk Alpha | 0.188 | |||
| Sortino Ratio | 0.1169 | |||
| Treynor Ratio | 0.9595 |
KARO INVEST as Backtested Returns
KARO INVEST appears to be very steady, given 3 months investment horizon. KARO INVEST as has Sharpe Ratio of 0.2, which conveys that the company had a 0.2 % return per unit of volatility over the last 3 months. We have found twenty-five technical indicators for KARO INVEST, which you can use to evaluate the volatility of the entity. Please exercise KARO INVEST's Mean Deviation of 0.937, market risk adjusted performance of 0.9695, and Downside Deviation of 1.62 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KARO INVEST holds a performance score of 15. The firm secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KARO INVEST's returns are expected to increase less than the market. However, during the bear market, the loss of holding KARO INVEST is expected to be smaller as well. Please check KARO INVEST's value at risk, as well as the relationship between the skewness and relative strength index , to make a quick decision on whether KARO INVEST's current price movements will revert.
Auto-correlation | 0.49 |
Average predictability
KARO INVEST as has average predictability. Overlapping area represents the amount of predictability between KARO INVEST time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of KARO INVEST as price movement. The serial correlation of 0.49 indicates that about 49.0% of current KARO INVEST price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 66.2 |
KARO INVEST as lagged returns against current returns
Autocorrelation, which is KARO INVEST 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 KARO INVEST's stock expected returns. We can calculate the autocorrelation of KARO INVEST returns to help us make a trade decision. For example, suppose you find that KARO INVEST 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 |
KARO INVEST 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 KARO INVEST stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KARO INVEST stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KARO INVEST stock over time.
Current vs Lagged Prices |
| Timeline |
KARO INVEST Lagged Returns
When evaluating KARO INVEST's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KARO INVEST stock have on its future price. KARO INVEST 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, KARO INVEST autocorrelation shows the relationship between KARO INVEST stock current value and its past values and can show if there is a momentum factor associated with investing in KARO INVEST as.
Regressed Prices |
| Timeline |
Pair Trading with KARO INVEST
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KARO INVEST position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KARO INVEST will appreciate offsetting losses from the drop in the long position's value.Moving together with KARO Stock
Moving against KARO Stock
The ability to find closely correlated positions to KARO INVEST could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KARO INVEST when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KARO INVEST - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KARO INVEST as to buy it.
The correlation of KARO INVEST is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KARO INVEST moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KARO INVEST as moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KARO INVEST can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for KARO Stock Analysis
When running KARO INVEST's price analysis, check to measure KARO INVEST'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 KARO INVEST is operating at the current time. Most of KARO INVEST's value examination focuses on studying past and present price action to predict the probability of KARO INVEST's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KARO INVEST's price. Additionally, you may evaluate how the addition of KARO INVEST to your portfolios can decrease your overall portfolio volatility.