Korn Ferry (Germany) Market Value
| KFY Stock | EUR 74.50 2.50 3.47% |
| 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.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Korn Ferry on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Korn Ferry or generate 0.0% return on investment in Korn Ferry over 360 days. Korn Ferry is related to or competes with SIEM OFFSHORE, Perdoceo Education, Tianjin Capital, Jupiter Fund, GFL ENVIRONM(SUBVTSH, Ares Management, and SBM OFFSHORE. Korn Ferry, together with its subsidiaries, provides talent management solutions worldwide 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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.39 | |||
| Information Ratio | 0.0409 | |||
| Maximum Drawdown | 12.6 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 3.47 |
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 | 0.0856 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0378 | |||
| Treynor Ratio | 0.1246 |
Korn Ferry Backtested Returns
Korn Ferry appears to be very steady, given 3 months investment horizon. Korn Ferry has Sharpe Ratio of 0.0982, which conveys that the firm had a 0.0982% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Korn Ferry, which you can use to evaluate the volatility of the firm. Please exercise Korn Ferry's Risk Adjusted Performance of 0.0856, downside deviation of 2.39, and Mean Deviation of 1.59 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Korn Ferry holds a performance score of 7. The company secures a Beta (Market Risk) of 1.75, 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. Please check Korn Ferry's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Korn Ferry's current price movements will revert.
Auto-correlation | 0.70 |
Good predictability
Korn Ferry has good predictability. Overlapping area represents the amount of predictability between Korn Ferry time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 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 Korn Ferry price movement. The serial correlation of 0.7 indicates that around 70.0% of current Korn Ferry price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 12.09 |
Korn Ferry 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.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Korn Stock
When determining whether Korn Ferry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Korn Ferry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Korn Ferry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Korn Ferry Stock:Check out Korn Ferry Correlation, Korn Ferry Volatility and Korn Ferry Alpha and Beta module to complement your research on Korn Ferry. For more detail on how to invest in Korn Stock please use our How to Invest in Korn Ferry guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Korn Ferry technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.