Klabin SA (Brazil) Market Value
| KLBN3 Stock | BRL 4.31 0.04 0.92% |
| 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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Klabin SA on October 27, 2024 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 30 days. Klabin SA is related to or competes with Klabin SA, Transmissora Aliana, Itasa Investimentos, and Suzano SA. Klabin S.A., together with its subsidiaries, operates in the paper and pulp industry in Brazil 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 | (0.1) | |||
| Maximum Drawdown | 9.93 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 1.92 |
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) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.04) |
Klabin SA Backtested Returns
Currently, Klabin SA is somewhat reliable. Klabin SA has Sharpe Ratio of 0.0046, which conveys that the firm had a 0.0046% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Klabin SA, which you can use to evaluate the volatility of the firm. Please verify Klabin SA's Mean Deviation of 1.03, standard deviation of 1.42, and insignificant Risk Adjusted Performance to check out if the risk estimate we provide is consistent with the expected return of 0.0066%. The company secures a Beta (Market Risk) of 0.56, 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. Klabin SA right now secures a risk of 1.46%. Please verify Klabin SA mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Klabin SA will be following its current price movements.
Auto-correlation | 0.62 |
Good predictability
Klabin SA has good predictability. Overlapping area represents the amount of predictability between Klabin SA time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 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 0.62 indicates that roughly 62.0% of current Klabin SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
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.Additional Tools for Klabin Stock Analysis
When running Klabin SA's price analysis, check to measure Klabin SA's 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 Klabin SA is operating at the current time. Most of Klabin SA's value examination focuses on studying past and present price action to predict the probability of Klabin SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Klabin SA's price. Additionally, you may evaluate how the addition of Klabin SA to your portfolios can decrease your overall portfolio volatility.