Kohls (Germany) Market Value
| KHP Stock | 14.09 0.11 0.77% |
| Symbol | Kohls |
Kohls '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 Kohls' 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 Kohls.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Kohls on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Kohls or generate 0.0% return on investment in Kohls over 30 days. Kohls is related to or competes with Taylor Morrison, Hyrican Informationssyst, Haier Smart, American Homes, Neinor Homes, Haverty Furniture, and Data#3. More
Kohls 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 Kohls' 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 Kohls upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 27.28 | |||
| Value At Risk | (4.28) | |||
| Potential Upside | 4.54 |
Kohls Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kohls' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kohls' standard deviation. In reality, there are many statistical measures that can use Kohls historical prices to predict the future Kohls' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (1.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kohls' 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.
Kohls Backtested Returns
Kohls has Sharpe Ratio of -0.0638, which conveys that the firm had a -0.0638% return per unit of risk over the last 3 months. Kohls exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kohls' Risk Adjusted Performance of (0.04), mean deviation of 2.3, and Standard Deviation of 3.57 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kohls' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kohls is expected to be smaller as well. At this point, Kohls has a negative expected return of -0.23%. Please make sure to verify Kohls' skewness, and the relationship between the total risk alpha and day median price , to decide if Kohls performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Kohls has modest reverse predictability. Overlapping area represents the amount of predictability between Kohls time series from 1st of November 2024 to 16th of November 2024 and 16th of November 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 Kohls price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Kohls price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 1.52 |
Kohls lagged returns against current returns
Autocorrelation, which is Kohls 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 Kohls' stock expected returns. We can calculate the autocorrelation of Kohls returns to help us make a trade decision. For example, suppose you find that Kohls 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 |
Kohls 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 Kohls stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kohls stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kohls stock over time.
Current vs Lagged Prices |
| Timeline |
Kohls Lagged Returns
When evaluating Kohls' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kohls stock have on its future price. Kohls 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, Kohls autocorrelation shows the relationship between Kohls stock current value and its past values and can show if there is a momentum factor associated with investing in Kohls.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Kohls Stock Analysis
When running Kohls' price analysis, check to measure Kohls' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kohls is operating at the current time. Most of Kohls' value examination focuses on studying past and present price action to predict the probability of Kohls' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kohls' price. Additionally, you may evaluate how the addition of Kohls to your portfolios can decrease your overall portfolio volatility.