Kiplin Metals Stock Market Value
| KIP Stock | 0.26 0.02 8.33% |
| Symbol | Kiplin |
Kiplin Metals Price To Book Ratio
Kiplin Metals '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 Kiplin Metals' 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 Kiplin Metals.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Kiplin Metals on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Kiplin Metals or generate 0.0% return on investment in Kiplin Metals over 720 days. Kiplin Metals is related to or competes with Arbor Metals, Trench Metals, and Fission 30. Kiplin Metals is entity of Canada. It is traded as Stock on V exchange. More
Kiplin Metals 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 Kiplin Metals' 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 Kiplin Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 51.76 | |||
| Value At Risk | (10.71) | |||
| Potential Upside | 12.0 |
Kiplin Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kiplin Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kiplin Metals' standard deviation. In reality, there are many statistical measures that can use Kiplin Metals historical prices to predict the future Kiplin Metals' volatility.| Risk Adjusted Performance | 0.0086 | |||
| Jensen Alpha | 0.0991 | |||
| Total Risk Alpha | (1.30) | |||
| Treynor Ratio | 0.0156 |
Kiplin Metals Backtested Returns
At this stage we consider Kiplin Stock to be out of control. Kiplin Metals has Sharpe Ratio of 0.0109, which conveys that the firm had a 0.0109% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Kiplin Metals, which you can use to evaluate the volatility of the firm. Please verify Kiplin Metals' Standard Deviation of 8.28, mean deviation of 4.83, and Risk Adjusted Performance of 0.0086 to check out if the risk estimate we provide is consistent with the expected return of 0.0921%. The company secures a Beta (Market Risk) of -0.96, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Kiplin Metals are expected to decrease slowly. On the other hand, during market turmoil, Kiplin Metals is expected to outperform it slightly. Kiplin Metals right now secures a risk of 8.42%. Please verify Kiplin Metals potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Kiplin Metals will be following its current price movements.
Auto-correlation | 0.39 |
Below average predictability
Kiplin Metals has below average predictability. Overlapping area represents the amount of predictability between Kiplin Metals time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Kiplin Metals price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Kiplin Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Kiplin Metals lagged returns against current returns
Autocorrelation, which is Kiplin Metals 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 Kiplin Metals' stock expected returns. We can calculate the autocorrelation of Kiplin Metals returns to help us make a trade decision. For example, suppose you find that Kiplin Metals 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 |
Kiplin Metals 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 Kiplin Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kiplin Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kiplin Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Kiplin Metals Lagged Returns
When evaluating Kiplin Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kiplin Metals stock have on its future price. Kiplin Metals 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, Kiplin Metals autocorrelation shows the relationship between Kiplin Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Kiplin Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Kiplin Stock Analysis
When running Kiplin Metals' price analysis, check to measure Kiplin Metals' 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 Kiplin Metals is operating at the current time. Most of Kiplin Metals' value examination focuses on studying past and present price action to predict the probability of Kiplin Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kiplin Metals' price. Additionally, you may evaluate how the addition of Kiplin Metals to your portfolios can decrease your overall portfolio volatility.