Kasten Inc Stock Market Value
| KAST Stock | USD 0.01 0 50.00% |
| Symbol | Kasten |
Kasten '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 Kasten'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 Kasten.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Kasten on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Kasten Inc or generate 0.0% return on investment in Kasten over 180 days. Kasten is related to or competes with Xtra Energy. Kasten, Inc., doing business as DAKOTA Life Sciences, operates as a biopharmaceutical company that focuses on the acquis... More
Kasten 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 Kasten'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 Kasten Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.6 | |||
| Information Ratio | 0.0374 | |||
| Maximum Drawdown | 106.03 | |||
| Value At Risk | (21.43) | |||
| Potential Upside | 23.64 |
Kasten Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kasten's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kasten's standard deviation. In reality, there are many statistical measures that can use Kasten historical prices to predict the future Kasten's volatility.| Risk Adjusted Performance | 0.0453 | |||
| Jensen Alpha | 0.4227 | |||
| Total Risk Alpha | (1.77) | |||
| Sortino Ratio | 0.0242 | |||
| Treynor Ratio | 0.3416 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kasten'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.
Kasten Inc Backtested Returns
Kasten appears to be out of control, given 3 months investment horizon. Kasten Inc has Sharpe Ratio of 0.0594, which conveys that the firm had a 0.0594% return per unit of risk over the last 3 months. By analyzing Kasten's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please exercise Kasten's Risk Adjusted Performance of 0.0453, mean deviation of 6.51, and Downside Deviation of 22.6 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kasten holds a performance score of 4. The company secures a Beta (Market Risk) of 1.98, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kasten will likely underperform. Please check Kasten's total risk alpha, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to make a quick decision on whether Kasten's current price movements will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Kasten Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Kasten time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Kasten Inc price movement. The serial correlation of -0.18 indicates that over 18.0% of current Kasten price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kasten Inc lagged returns against current returns
Autocorrelation, which is Kasten 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 Kasten's pink sheet expected returns. We can calculate the autocorrelation of Kasten returns to help us make a trade decision. For example, suppose you find that Kasten 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 |
Kasten 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 Kasten pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kasten pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kasten pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kasten Lagged Returns
When evaluating Kasten's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kasten pink sheet have on its future price. Kasten 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, Kasten autocorrelation shows the relationship between Kasten pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kasten Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Kasten Pink Sheet Analysis
When running Kasten's price analysis, check to measure Kasten'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 Kasten is operating at the current time. Most of Kasten's value examination focuses on studying past and present price action to predict the probability of Kasten's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kasten's price. Additionally, you may evaluate how the addition of Kasten to your portfolios can decrease your overall portfolio volatility.