KASPIKZ (SPGDR (Germany) Market Value
| KKS Stock | EUR 98.00 1.00 1.01% |
| Symbol | KASPIKZ |
KASPIKZ (SPGDR '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 KASPIKZ (SPGDR'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 KASPIKZ (SPGDR.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in KASPIKZ (SPGDR on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding KASPIKZ 1 or generate 0.0% return on investment in KASPIKZ (SPGDR over 30 days. KASPIKZ (SPGDR is related to or competes with Sibanye Stillwater, Impala Platinum, Cellink AB, and Mowi ASA. Kaspi Bank Joint Stock Company provides financial services primarily through the online mobile app in the Republic of Ka... More
KASPIKZ (SPGDR 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 KASPIKZ (SPGDR'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 KASPIKZ 1 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 21.26 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 4.84 |
KASPIKZ (SPGDR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KASPIKZ (SPGDR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KASPIKZ (SPGDR's standard deviation. In reality, there are many statistical measures that can use KASPIKZ (SPGDR historical prices to predict the future KASPIKZ (SPGDR's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.20) |
KASPIKZ (SPGDR Backtested Returns
KASPIKZ (SPGDR has Sharpe Ratio of -0.0345, which conveys that the company had a -0.0345% return per unit of volatility over the last 3 months. KASPIKZ (SPGDR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KASPIKZ (SPGDR's Mean Deviation of 2.1, market risk adjusted performance of (0.19), and Standard Deviation of 3.22 to check out the risk estimate we provide.The firm secures a Beta (Market Risk) of 0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KASPIKZ (SPGDR's returns are expected to increase less than the market. However, during the bear market, the loss of holding KASPIKZ (SPGDR is expected to be smaller as well. At this point, KASPIKZ (SPGDR has a negative expected return of -0.11%. Please make sure to verify KASPIKZ (SPGDR's daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if KASPIKZ (SPGDR performance from the past will be repeated in the future.
Auto-correlation | -0.46 |
Modest reverse predictability
KASPIKZ 1 has modest reverse predictability. Overlapping area represents the amount of predictability between KASPIKZ (SPGDR time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 KASPIKZ (SPGDR price movement. The serial correlation of -0.46 indicates that about 46.0% of current KASPIKZ (SPGDR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 3.04 |
KASPIKZ (SPGDR lagged returns against current returns
Autocorrelation, which is KASPIKZ (SPGDR 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 KASPIKZ (SPGDR's stock expected returns. We can calculate the autocorrelation of KASPIKZ (SPGDR returns to help us make a trade decision. For example, suppose you find that KASPIKZ (SPGDR 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 |
KASPIKZ (SPGDR 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 KASPIKZ (SPGDR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KASPIKZ (SPGDR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KASPIKZ (SPGDR stock over time.
Current vs Lagged Prices |
| Timeline |
KASPIKZ (SPGDR Lagged Returns
When evaluating KASPIKZ (SPGDR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KASPIKZ (SPGDR stock have on its future price. KASPIKZ (SPGDR 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, KASPIKZ (SPGDR autocorrelation shows the relationship between KASPIKZ (SPGDR stock current value and its past values and can show if there is a momentum factor associated with investing in KASPIKZ 1.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in KASPIKZ Stock
KASPIKZ (SPGDR financial ratios help investors to determine whether KASPIKZ Stock 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 KASPIKZ with respect to the benefits of owning KASPIKZ (SPGDR security.