KB HOME (Germany) Market Value
| KBH Stock | 75.50 1.50 2.03% |
| Symbol | KBH |
KB HOME '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 KB HOME'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 KB HOME.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in KB HOME on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding KB HOME or generate 0.0% return on investment in KB HOME over 360 days. KB HOME is related to or competes with Sporttotal, AAC TECHNOLOGHLDGADR, SPORT LISBOA, BioNTech, ACCSYS TECHPLC, and PARKEN Sport. More
KB HOME 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 KB HOME'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 KB HOME upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.78 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 13.71 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.22 |
KB HOME Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KB HOME's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KB HOME's standard deviation. In reality, there are many statistical measures that can use KB HOME historical prices to predict the future KB HOME's volatility.| Risk Adjusted Performance | 0.0132 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0096 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KB HOME'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.
KB HOME Backtested Returns
Currently, KB HOME is very steady. KB HOME retains Efficiency (Sharpe Ratio) of 0.0133, which conveys that the company had a 0.0133% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for KB HOME, which you can use to evaluate the volatility of the entity. Please verify KB HOME's Standard Deviation of 2.2, mean deviation of 1.51, and Market Risk Adjusted Performance of 0.0196 to check out if the risk estimate we provide is consistent with the expected return of 0.0293%. KB HOME has a performance score of 1 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.97, which conveys possible diversification benefits within a given portfolio. KB HOME returns are very sensitive to returns on the market. As the market goes up or down, KB HOME is expected to follow. KB HOME today owns a risk of 2.2%. Please verify KB HOME treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if KB HOME will be following its current price history.
Auto-correlation | 0.62 |
Good predictability
KB HOME has good predictability. Overlapping area represents the amount of predictability between KB HOME time series from 29th of November 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 KB HOME price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current KB HOME price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 28.55 |
KB HOME lagged returns against current returns
Autocorrelation, which is KB HOME 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 KB HOME's stock expected returns. We can calculate the autocorrelation of KB HOME returns to help us make a trade decision. For example, suppose you find that KB HOME 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 |
KB HOME 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 KB HOME stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KB HOME stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KB HOME stock over time.
Current vs Lagged Prices |
| Timeline |
KB HOME Lagged Returns
When evaluating KB HOME's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KB HOME stock have on its future price. KB HOME 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, KB HOME autocorrelation shows the relationship between KB HOME stock current value and its past values and can show if there is a momentum factor associated with investing in KB HOME.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for KBH Stock Analysis
When running KB HOME's price analysis, check to measure KB HOME'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 KB HOME is operating at the current time. Most of KB HOME's value examination focuses on studying past and present price action to predict the probability of KB HOME's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KB HOME's price. Additionally, you may evaluate how the addition of KB HOME to your portfolios can decrease your overall portfolio volatility.