Kngt Clb Sml Fund Market Value
| KCSIX Fund | USD 15.46 0.02 0.13% |
| Symbol | Kngt |
Kngt Clb '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 Kngt Clb's mutual fund 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 Kngt Clb.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Kngt Clb on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Kngt Clb Sml or generate 0.0% return on investment in Kngt Clb over 720 days. Kngt Clb is related to or competes with Knights Of, Knights Of, Knights Of, Knights Of, Kngt Clb, Kngt Clb, and Knights Of. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Kngt Clb 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 Kngt Clb's mutual fund 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 Kngt Clb Sml upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.0102 | |||
| Maximum Drawdown | 6.87 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 2.12 |
Kngt Clb Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kngt Clb's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kngt Clb's standard deviation. In reality, there are many statistical measures that can use Kngt Clb historical prices to predict the future Kngt Clb's volatility.| Risk Adjusted Performance | 0.0989 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0117 | |||
| Treynor Ratio | 0.1008 |
Kngt Clb Sml Backtested Returns
At this stage we consider Kngt Mutual Fund to be very steady. Kngt Clb Sml has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Kngt Clb, which you can use to evaluate the volatility of the fund. Please verify Kngt Clb's Downside Deviation of 1.05, risk adjusted performance of 0.0989, and Mean Deviation of 0.8169 to check out if the risk estimate we provide is consistent with the expected return of 0.19%. The fund secures a Beta (Market Risk) of 1.39, 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, Kngt Clb will likely underperform.
Auto-correlation | 0.18 |
Very weak predictability
Kngt Clb Sml has very weak predictability. Overlapping area represents the amount of predictability between Kngt Clb time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Kngt Clb Sml price movement. The serial correlation of 0.18 indicates that over 18.0% of current Kngt Clb price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.86 |
Kngt Clb Sml lagged returns against current returns
Autocorrelation, which is Kngt Clb mutual fund'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 Kngt Clb's mutual fund expected returns. We can calculate the autocorrelation of Kngt Clb returns to help us make a trade decision. For example, suppose you find that Kngt Clb has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Kngt Clb 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 Kngt Clb mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kngt Clb mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kngt Clb mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Kngt Clb Lagged Returns
When evaluating Kngt Clb's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kngt Clb mutual fund have on its future price. Kngt Clb 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, Kngt Clb autocorrelation shows the relationship between Kngt Clb mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Kngt Clb Sml.
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 Kngt Mutual Fund
Kngt Clb financial ratios help investors to determine whether Kngt Mutual Fund 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 Kngt with respect to the benefits of owning Kngt Clb security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |