Kat Exploration Stock Market Value
| KATX Stock | USD 0.0003 0.0001 50.00% |
| Symbol | KAT |
KAT Exploration '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 KAT Exploration'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 KAT Exploration.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in KAT Exploration on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding KAT Exploration or generate 0.0% return on investment in KAT Exploration over 30 days. KAT Exploration is related to or competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Previously, it was engaged in the exploration and development of mineral properties in Canada More
KAT Exploration 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 KAT Exploration'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 KAT Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 23.75 | |||
| Information Ratio | 0.0373 | |||
| Maximum Drawdown | 66.67 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
KAT Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KAT Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KAT Exploration's standard deviation. In reality, there are many statistical measures that can use KAT Exploration historical prices to predict the future KAT Exploration's volatility.| Risk Adjusted Performance | 0.0437 | |||
| Jensen Alpha | 0.6038 | |||
| Total Risk Alpha | (2.06) | |||
| Sortino Ratio | 0.0285 | |||
| Treynor Ratio | 0.4962 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KAT Exploration'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.
KAT Exploration Backtested Returns
KAT Exploration appears to be out of control, given 3 months investment horizon. KAT Exploration has Sharpe Ratio of 0.0455, which conveys that the company had a 0.0455% return per unit of volatility over the last 3 months. By evaluating KAT Exploration's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please exercise KAT Exploration's Mean Deviation of 12.28, downside deviation of 23.75, and Market Risk Adjusted Performance of 0.5062 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KAT Exploration holds a performance score of 3. The firm secures a Beta (Market Risk) of 1.61, 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, KAT Exploration will likely underperform. Please check KAT Exploration'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 KAT Exploration's current price movements will revert.
Auto-correlation | -0.52 |
Good reverse predictability
KAT Exploration has good reverse predictability. Overlapping area represents the amount of predictability between KAT Exploration time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 KAT Exploration price movement. The serial correlation of -0.52 indicates that about 52.0% of current KAT Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
KAT Exploration lagged returns against current returns
Autocorrelation, which is KAT Exploration 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 KAT Exploration's pink sheet expected returns. We can calculate the autocorrelation of KAT Exploration returns to help us make a trade decision. For example, suppose you find that KAT Exploration 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 |
KAT Exploration 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 KAT Exploration pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KAT Exploration pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KAT Exploration pink sheet over time.
Current vs Lagged Prices |
| Timeline |
KAT Exploration Lagged Returns
When evaluating KAT Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KAT Exploration pink sheet have on its future price. KAT Exploration 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, KAT Exploration autocorrelation shows the relationship between KAT Exploration pink sheet current value and its past values and can show if there is a momentum factor associated with investing in KAT Exploration.
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 KAT Pink Sheet Analysis
When running KAT Exploration's price analysis, check to measure KAT Exploration'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 KAT Exploration is operating at the current time. Most of KAT Exploration's value examination focuses on studying past and present price action to predict the probability of KAT Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KAT Exploration's price. Additionally, you may evaluate how the addition of KAT Exploration to your portfolios can decrease your overall portfolio volatility.