Kingdee International Software Stock Market Value
| KGDEF Stock | USD 1.17 0.02 1.68% |
| Symbol | Kingdee |
Kingdee International '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 International'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 Kingdee International.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Kingdee International on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Kingdee International Software or generate 0.0% return on investment in Kingdee International over 30 days. Kingdee International is related to or competes with Salesforce, S A P, ServiceNow, Intuit, Uber Technologies, Shopify, and Applovin Corp. Kingdee International Software Group Company Limited, an investment holding company, engages in the enterprise resource ... More
Kingdee International 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 International'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 Kingdee International Software upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0494 | |||
| Maximum Drawdown | 54.24 |
Kingdee International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kingdee International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kingdee International's standard deviation. In reality, there are many statistical measures that can use Kingdee International historical prices to predict the future Kingdee International's volatility.| Risk Adjusted Performance | 0.0613 | |||
| Jensen Alpha | 0.3175 | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 0.3823 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kingdee International'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.
Kingdee International Backtested Returns
Kingdee International appears to be abnormally volatile, given 3 months investment horizon. Kingdee International has Sharpe Ratio of 0.0693, which conveys that the firm had a 0.0693% return per unit of risk over the last 3 months. We have found twenty technical indicators for Kingdee International, which you can use to evaluate the volatility of the firm. Please exercise Kingdee International's Mean Deviation of 1.58, risk adjusted performance of 0.0613, and Standard Deviation of 6.94 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kingdee International holds a performance score of 5. The company secures a Beta (Market Risk) of 1.21, 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, Kingdee International will likely underperform. Please check Kingdee International's skewness, as well as the relationship between the rate of daily change and price action indicator , to make a quick decision on whether Kingdee International's current price movements will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Kingdee International Software has no correlation between past and present. Overlapping area represents the amount of predictability between Kingdee International 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 Kingdee International price movement. The serial correlation of 0.0 indicates that just 0.0% of current Kingdee International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kingdee International lagged returns against current returns
Autocorrelation, which is Kingdee International 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 Kingdee International's pink sheet expected returns. We can calculate the autocorrelation of Kingdee International returns to help us make a trade decision. For example, suppose you find that Kingdee International 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 |
Kingdee International 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 International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kingdee International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kingdee International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kingdee International Lagged Returns
When evaluating Kingdee International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kingdee International pink sheet have on its future price. Kingdee International 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 International autocorrelation shows the relationship between Kingdee International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kingdee International Software.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kingdee Pink Sheet
Kingdee International financial ratios help investors to determine whether Kingdee 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 Kingdee with respect to the benefits of owning Kingdee International security.