Knight Club (Thailand) Market Value
| KCC Stock | 2.32 0.04 1.69% |
| Symbol | Knight |
Knight Club '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 Knight Club'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 Knight Club.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Knight Club on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Knight Club Capital or generate 0.0% return on investment in Knight Club over 180 days.
Knight Club 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 Knight Club'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 Knight Club Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.39 | |||
| Information Ratio | 0.0176 | |||
| Maximum Drawdown | 40.12 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 5.08 |
Knight Club Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Knight Club's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Knight Club's standard deviation. In reality, there are many statistical measures that can use Knight Club historical prices to predict the future Knight Club's volatility.| Risk Adjusted Performance | 0.0355 | |||
| Jensen Alpha | 0.1562 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0273 | |||
| Treynor Ratio | 0.6914 |
Knight Club Capital Backtested Returns
Knight Club Capital has Sharpe Ratio of -0.0011, which conveys that the firm had a -0.0011% return per unit of risk over the last 3 months. Knight Club exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Knight Club's Downside Deviation of 3.39, risk adjusted performance of 0.0355, and Mean Deviation of 2.8 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Knight Club's returns are expected to increase less than the market. However, during the bear market, the loss of holding Knight Club is expected to be smaller as well. At this point, Knight Club Capital has a negative expected return of -0.0061%. Please make sure to verify Knight Club's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Knight Club Capital performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.27 |
Weak reverse predictability
Knight Club Capital has weak reverse predictability. Overlapping area represents the amount of predictability between Knight Club time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Knight Club Capital price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Knight Club price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Knight Club Capital lagged returns against current returns
Autocorrelation, which is Knight Club 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 Knight Club's stock expected returns. We can calculate the autocorrelation of Knight Club returns to help us make a trade decision. For example, suppose you find that Knight Club 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 |
Knight Club 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 Knight Club stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Knight Club stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Knight Club stock over time.
Current vs Lagged Prices |
| Timeline |
Knight Club Lagged Returns
When evaluating Knight Club's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Knight Club stock have on its future price. Knight Club 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, Knight Club autocorrelation shows the relationship between Knight Club stock current value and its past values and can show if there is a momentum factor associated with investing in Knight Club Capital.
Regressed Prices |
| Timeline |
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