Keyera Corp Stock Market Value
| KEYUF Stock | USD 34.19 0.25 0.74% |
| Symbol | Keyera |
Keyera Corp '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 Keyera Corp'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 Keyera Corp.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Keyera Corp on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Keyera Corp or generate 0.0% return on investment in Keyera Corp over 30 days. Keyera Corp is related to or competes with GasLog Partners, Dynagas LNG, CBL International, Imperial Petroleum, Avance Gas, Marine Petroleum, and Hess Midstream. Keyera Corp. engages in the energy infrastructure business in Canada More
Keyera Corp 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 Keyera Corp'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 Keyera Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9991 | |||
| Information Ratio | 0.1305 | |||
| Maximum Drawdown | 4.51 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.91 |
Keyera Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Keyera Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Keyera Corp's standard deviation. In reality, there are many statistical measures that can use Keyera Corp historical prices to predict the future Keyera Corp's volatility.| Risk Adjusted Performance | 0.201 | |||
| Jensen Alpha | 0.2379 | |||
| Total Risk Alpha | 0.0933 | |||
| Sortino Ratio | 0.1331 | |||
| Treynor Ratio | 1.93 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Keyera Corp'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.
Keyera Corp Backtested Returns
Keyera Corp appears to be very steady, given 3 months investment horizon. Keyera Corp has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Keyera Corp, which you can use to evaluate the volatility of the firm. Please exercise Keyera Corp's Downside Deviation of 0.9991, mean deviation of 0.7729, and Risk Adjusted Performance of 0.201 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Keyera Corp holds a performance score of 17. The company secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Keyera Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Keyera Corp is expected to be smaller as well. Please check Keyera Corp's semi variance, as well as the relationship between the daily balance of power and price action indicator , to make a quick decision on whether Keyera Corp's current price movements will revert.
Auto-correlation | 0.87 |
Very good predictability
Keyera Corp has very good predictability. Overlapping area represents the amount of predictability between Keyera Corp time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Keyera Corp price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Keyera Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
Keyera Corp lagged returns against current returns
Autocorrelation, which is Keyera Corp 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 Keyera Corp's pink sheet expected returns. We can calculate the autocorrelation of Keyera Corp returns to help us make a trade decision. For example, suppose you find that Keyera Corp 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 |
Keyera Corp 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 Keyera Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Keyera Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Keyera Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Keyera Corp Lagged Returns
When evaluating Keyera Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Keyera Corp pink sheet have on its future price. Keyera Corp 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, Keyera Corp autocorrelation shows the relationship between Keyera Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Keyera Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Keyera Pink Sheet
Keyera Corp financial ratios help investors to determine whether Keyera 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 Keyera with respect to the benefits of owning Keyera Corp security.