Kelt Exploration Stock Market Value
| KELTF Stock | USD 4.85 0.03 0.61% |
| Symbol | Kelt |
Kelt Exploration '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 Kelt Exploration's pink sheet 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 Kelt Exploration.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Kelt Exploration on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Kelt Exploration or generate 0.0% return on investment in Kelt Exploration over 30 days. Kelt Exploration is related to or competes with PetroShale, Pieridae Energy, San Leon, Coelacanth Energy, Hemisphere Energy, Spartan Delta, and Headwater Exploration. Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and ... More
Kelt Exploration 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 Kelt Exploration's pink sheet 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 Kelt Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.76 | |||
| Information Ratio | 0.0041 | |||
| Maximum Drawdown | 13.37 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 3.47 |
Kelt Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kelt Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kelt Exploration's standard deviation. In reality, there are many statistical measures that can use Kelt Exploration historical prices to predict the future Kelt Exploration's volatility.| Risk Adjusted Performance | 0.0397 | |||
| Jensen Alpha | 0.0767 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0032 | |||
| Treynor Ratio | 5.71 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kelt Exploration'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.
Kelt Exploration Backtested Returns
At this point, Kelt Exploration is slightly risky. Kelt Exploration has Sharpe Ratio of 0.0202, which conveys that the firm had a 0.0202 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Kelt Exploration, which you can use to evaluate the volatility of the firm. Please verify Kelt Exploration's Risk Adjusted Performance of 0.0397, downside deviation of 2.76, and Mean Deviation of 1.35 to check out if the risk estimate we provide is consistent with the expected return of 0.0455%. Kelt Exploration has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0136, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kelt Exploration's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kelt Exploration is expected to be smaller as well. Kelt Exploration right now secures a risk of 2.26%. Please verify Kelt Exploration potential upside, and the relationship between the sortino ratio and skewness , to decide if Kelt Exploration will be following its current price movements.
Auto-correlation | 0.08 |
Virtually no predictability
Kelt Exploration has virtually no predictability. Overlapping area represents the amount of predictability between Kelt Exploration time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kelt Exploration price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Kelt Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Kelt Exploration lagged returns against current returns
Autocorrelation, which is Kelt Exploration pink sheet'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 Kelt Exploration's pink sheet expected returns. We can calculate the autocorrelation of Kelt Exploration returns to help us make a trade decision. For example, suppose you find that Kelt Exploration has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Kelt Exploration 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 Kelt Exploration pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kelt Exploration pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kelt Exploration pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kelt Exploration Lagged Returns
When evaluating Kelt Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kelt Exploration pink sheet have on its future price. Kelt Exploration 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, Kelt Exploration autocorrelation shows the relationship between Kelt Exploration pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kelt Exploration.
Regressed Prices |
| Timeline |
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Other Information on Investing in Kelt Pink Sheet
Kelt Exploration financial ratios help investors to determine whether Kelt Pink Sheet 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 Kelt with respect to the benefits of owning Kelt Exploration security.