KORN FERRY (Germany) Market Value
| KFY Stock | EUR 73.50 0.50 0.68% |
| Symbol | KORN |
KORN FERRY '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 KORN FERRY'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 KORN FERRY.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in KORN FERRY on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding KORN FERRY INTL or generate 0.0% return on investment in KORN FERRY over 180 days. KORN FERRY is related to or competes with Corporate Office, Haverty Furniture, ADRIATIC METALS, Addus HomeCare, Tri Pointe, and Autohome. More
KORN FERRY 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 KORN FERRY'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 KORN FERRY INTL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | 0.0331 | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 3.85 |
KORN FERRY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KORN FERRY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KORN FERRY's standard deviation. In reality, there are many statistical measures that can use KORN FERRY historical prices to predict the future KORN FERRY's volatility.| Risk Adjusted Performance | 0.0858 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0367 | |||
| Treynor Ratio | 0.1088 |
KORN FERRY INTL Backtested Returns
At this point, KORN FERRY is very steady. KORN FERRY INTL has Sharpe Ratio of 0.0983, which conveys that the firm had a 0.0983% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for KORN FERRY, which you can use to evaluate the volatility of the firm. Please verify KORN FERRY's mean deviation of 1.41, and Risk Adjusted Performance of 0.0858 to check out if the risk estimate we provide is consistent with the expected return of 0.19%. KORN FERRY has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.76, 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, KORN FERRY will likely underperform. KORN FERRY INTL currently secures a risk of 1.93%. Please verify KORN FERRY INTL treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if KORN FERRY INTL will be following its current price movements.
Auto-correlation | 0.23 |
Weak predictability
KORN FERRY INTL has weak predictability. Overlapping area represents the amount of predictability between KORN FERRY time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 KORN FERRY INTL price movement. The serial correlation of 0.23 indicates that over 23.0% of current KORN FERRY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 15.93 |
KORN FERRY INTL lagged returns against current returns
Autocorrelation, which is KORN FERRY 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 KORN FERRY's stock expected returns. We can calculate the autocorrelation of KORN FERRY returns to help us make a trade decision. For example, suppose you find that KORN FERRY 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 |
KORN FERRY 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 KORN FERRY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KORN FERRY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KORN FERRY stock over time.
Current vs Lagged Prices |
| Timeline |
KORN FERRY Lagged Returns
When evaluating KORN FERRY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KORN FERRY stock have on its future price. KORN FERRY 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, KORN FERRY autocorrelation shows the relationship between KORN FERRY stock current value and its past values and can show if there is a momentum factor associated with investing in KORN FERRY INTL.
Regressed Prices |
| Timeline |
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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 KORN Stock
KORN FERRY financial ratios help investors to determine whether KORN 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 KORN with respect to the benefits of owning KORN FERRY security.