KINGDEE INTL (Germany) Market Value
| KDIC Stock | EUR 1.02 0.05 4.67% |
| Symbol | KINGDEE |
KINGDEE INTL '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 KINGDEE INTL'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 KINGDEE INTL.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in KINGDEE INTL on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding KINGDEE INTL SOFTWA or generate 0.0% return on investment in KINGDEE INTL over 300 days. KINGDEE INTL is related to or competes with Salesforce, British American, Tencent Music, Carsales, LION ONE, and SIMS METAL. More
KINGDEE INTL 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 KINGDEE INTL'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 KINGDEE INTL SOFTWA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.19 | |||
| Information Ratio | 0.1464 | |||
| Maximum Drawdown | 28.5 | |||
| Value At Risk | (6.15) | |||
| Potential Upside | 10.67 |
KINGDEE INTL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KINGDEE INTL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KINGDEE INTL's standard deviation. In reality, there are many statistical measures that can use KINGDEE INTL historical prices to predict the future KINGDEE INTL's volatility.| Risk Adjusted Performance | 0.1402 | |||
| Jensen Alpha | 0.9193 | |||
| Total Risk Alpha | 0.0751 | |||
| Sortino Ratio | 0.14 | |||
| Treynor Ratio | (1.35) |
KINGDEE INTL SOFTWA Backtested Returns
KINGDEE INTL appears to be extremely dangerous, given 3 months investment horizon. KINGDEE INTL SOFTWA has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of volatility over the last 3 months. By inspecting KINGDEE INTL's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please exercise KINGDEE INTL's mean deviation of 3.49, and Risk Adjusted Performance of 0.1402 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KINGDEE INTL holds a performance score of 12. The company secures a Beta (Market Risk) of -0.63, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning KINGDEE INTL are expected to decrease at a much lower rate. During the bear market, KINGDEE INTL is likely to outperform the market. Please check KINGDEE INTL's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether KINGDEE INTL's current price movements will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
KINGDEE INTL SOFTWA has very weak reverse predictability. Overlapping area represents the amount of predictability between KINGDEE INTL time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 KINGDEE INTL SOFTWA price movement. The serial correlation of -0.06 indicates that barely 6.0% of current KINGDEE INTL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
KINGDEE INTL SOFTWA lagged returns against current returns
Autocorrelation, which is KINGDEE INTL 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 KINGDEE INTL's stock expected returns. We can calculate the autocorrelation of KINGDEE INTL returns to help us make a trade decision. For example, suppose you find that KINGDEE INTL 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 |
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KINGDEE INTL 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 KINGDEE INTL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KINGDEE INTL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KINGDEE INTL stock over time.
Current vs Lagged Prices |
| Timeline |
KINGDEE INTL Lagged Returns
When evaluating KINGDEE INTL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KINGDEE INTL stock have on its future price. KINGDEE INTL 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, KINGDEE INTL autocorrelation shows the relationship between KINGDEE INTL stock current value and its past values and can show if there is a momentum factor associated with investing in KINGDEE INTL SOFTWA.
Regressed Prices |
| Timeline |
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Additional Tools for KINGDEE Stock Analysis
When running KINGDEE INTL's price analysis, check to measure KINGDEE INTL'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 KINGDEE INTL is operating at the current time. Most of KINGDEE INTL's value examination focuses on studying past and present price action to predict the probability of KINGDEE INTL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KINGDEE INTL's price. Additionally, you may evaluate how the addition of KINGDEE INTL to your portfolios can decrease your overall portfolio volatility.