Kona Gold Solutions Stock Market Value
| KGKG Stock | USD 0.0003 0.0001 50.00% |
| Symbol | Kona |
Kona Gold '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 Kona Gold'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 Kona Gold.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Kona Gold on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Kona Gold Solutions or generate 0.0% return on investment in Kona Gold over 180 days. Kona Gold Beverage, Inc., a lifestyle company, develops and sells hemp and cannabidiol products in the functional bevera... More
Kona Gold 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 Kona Gold'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 Kona Gold Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 29.8 | |||
| Information Ratio | 0.0821 | |||
| Maximum Drawdown | 87.5 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Kona Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kona Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kona Gold's standard deviation. In reality, there are many statistical measures that can use Kona Gold historical prices to predict the future Kona Gold's volatility.| Risk Adjusted Performance | 0.0768 | |||
| Jensen Alpha | 1.67 | |||
| Total Risk Alpha | (1.60) | |||
| Sortino Ratio | 0.063 | |||
| Treynor Ratio | 0.7262 |
Kona Gold Solutions Backtested Returns
Kona Gold is out of control given 3 months investment horizon. Kona Gold Solutions has Sharpe Ratio of 0.0891, which conveys that the firm had a 0.0891% return per unit of risk over the last 3 months. We were able to collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.07% are justified by taking the suggested risk. Use Kona Gold Solutions Mean Deviation of 15.12, risk adjusted performance of 0.0768, and Downside Deviation of 29.8 to evaluate company specific risk that cannot be diversified away. Kona Gold holds a performance score of 7 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.75, 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, Kona Gold will likely underperform. Use Kona Gold Solutions treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to analyze future returns on Kona Gold Solutions.
Auto-correlation | 0.32 |
Below average predictability
Kona Gold Solutions has below average predictability. Overlapping area represents the amount of predictability between Kona Gold time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Kona Gold Solutions price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Kona Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kona Gold Solutions lagged returns against current returns
Autocorrelation, which is Kona Gold 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 Kona Gold's pink sheet expected returns. We can calculate the autocorrelation of Kona Gold returns to help us make a trade decision. For example, suppose you find that Kona Gold 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 |
Kona Gold 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 Kona Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kona Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kona Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kona Gold Lagged Returns
When evaluating Kona Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kona Gold pink sheet have on its future price. Kona Gold 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, Kona Gold autocorrelation shows the relationship between Kona Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kona Gold Solutions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kona Pink Sheet
Kona Gold financial ratios help investors to determine whether Kona 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 Kona with respect to the benefits of owning Kona Gold security.