KCP Sugar (India) Market Value
| KCPSUGIND | 46.95 0.83 1.80% |
| Symbol | KCP |
KCP Sugar '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 KCP Sugar'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 KCP Sugar.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in KCP Sugar on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding KCP Sugar and or generate 0.0% return on investment in KCP Sugar over 180 days. KCP Sugar is related to or competes with Krebs Biochemicals, Sportking India, Mangalore Chemicals, Steelcast, JSW Steel, Visa Steel, and Tata Chemicals. KCP Sugar is entity of India. It is traded as Stock on NSE exchange. More
KCP Sugar 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 KCP Sugar'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 KCP Sugar and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 9.91 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 4.99 |
KCP Sugar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KCP Sugar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KCP Sugar's standard deviation. In reality, there are many statistical measures that can use KCP Sugar historical prices to predict the future KCP Sugar's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KCP Sugar'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.
KCP Sugar Backtested Returns
KCP Sugar has Sharpe Ratio of -0.0602, which conveys that the company had a -0.0602% return per unit of volatility over the last 3 months. KCP Sugar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KCP Sugar's Market Risk Adjusted Performance of (0.31), standard deviation of 2.32, and Mean Deviation of 1.78 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 0.61, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KCP Sugar's returns are expected to increase less than the market. However, during the bear market, the loss of holding KCP Sugar is expected to be smaller as well. At this point, KCP Sugar has a negative expected return of -0.14%. Please make sure to verify KCP Sugar's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if KCP Sugar performance from the past will be repeated in the future.
Auto-correlation | -0.68 |
Very good reverse predictability
KCP Sugar and has very good reverse predictability. Overlapping area represents the amount of predictability between KCP Sugar time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 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 KCP Sugar price movement. The serial correlation of -0.68 indicates that around 68.0% of current KCP Sugar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 23.55 |
KCP Sugar lagged returns against current returns
Autocorrelation, which is KCP Sugar 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 KCP Sugar's stock expected returns. We can calculate the autocorrelation of KCP Sugar returns to help us make a trade decision. For example, suppose you find that KCP Sugar 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 |
KCP Sugar 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 KCP Sugar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KCP Sugar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KCP Sugar stock over time.
Current vs Lagged Prices |
| Timeline |
KCP Sugar Lagged Returns
When evaluating KCP Sugar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KCP Sugar stock have on its future price. KCP Sugar 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, KCP Sugar autocorrelation shows the relationship between KCP Sugar stock current value and its past values and can show if there is a momentum factor associated with investing in KCP Sugar and.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in KCP Stock
KCP Sugar financial ratios help investors to determine whether KCP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KCP with respect to the benefits of owning KCP Sugar security.