Klabin SA (Brazil) Market Value
| KLBN11 Stock | BRL 21.27 0.22 1.02% |
| Symbol | Klabin |
Klabin SA '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 Klabin SA'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 Klabin SA.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Klabin SA on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Klabin SA or generate 0.0% return on investment in Klabin SA over 720 days. Klabin SA is related to or competes with Suzano SA, Transmissora Aliana, BB Seguridade, Engie Brasil, and WEG SA. More
Klabin SA 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 Klabin SA'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 Klabin SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 6.61 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 1.93 |
Klabin SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Klabin SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Klabin SA's standard deviation. In reality, there are many statistical measures that can use Klabin SA historical prices to predict the future Klabin SA's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.14) |
Klabin SA Backtested Returns
Klabin SA has Sharpe Ratio of -0.036, which conveys that the firm had a -0.036% return per unit of risk over the last 3 months. Klabin SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Klabin SA's Risk Adjusted Performance of (0.02), standard deviation of 1.18, and Mean Deviation of 0.8725 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Klabin SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Klabin SA is expected to be smaller as well. At this point, Klabin SA has a negative expected return of -0.0441%. Please make sure to verify Klabin SA's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Klabin SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.65 |
Very good reverse predictability
Klabin SA has very good reverse predictability. Overlapping area represents the amount of predictability between Klabin SA 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 Klabin SA price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Klabin SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 1.48 |
Klabin SA lagged returns against current returns
Autocorrelation, which is Klabin SA 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 Klabin SA's stock expected returns. We can calculate the autocorrelation of Klabin SA returns to help us make a trade decision. For example, suppose you find that Klabin SA 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 |
Klabin SA 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 Klabin SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Klabin SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Klabin SA stock over time.
Current vs Lagged Prices |
| Timeline |
Klabin SA Lagged Returns
When evaluating Klabin SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Klabin SA stock have on its future price. Klabin SA 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, Klabin SA autocorrelation shows the relationship between Klabin SA stock current value and its past values and can show if there is a momentum factor associated with investing in Klabin SA.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Klabin Stock
Klabin SA financial ratios help investors to determine whether Klabin 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 Klabin with respect to the benefits of owning Klabin SA security.