Klckner Co's market value is the price at which a share of Klckner Co trades on a public exchange. It measures the collective expectations of Klckner Co SE investors about its performance. Klckner Co is trading at 4.60 as of the 18th of January 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 4.6. With this module, you can estimate the performance of a buy and hold strategy of Klckner Co SE and determine expected loss or profit from investing in Klckner Co over a given investment horizon. Check out Klckner Co Correlation, Klckner Co Volatility and Klckner Co Alpha and Beta module to complement your research on Klckner Co.
Please note, there is a significant difference between Klckner Co's value and its price as these two are different measures arrived at by different means. Investors typically determine if Klckner Co is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Klckner Co's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Klckner Co '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 Klckner Co's pink sheet 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 Klckner Co.
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12/19/2024
No Change 0.00
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In 31 days
01/18/2025
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If you would invest 0.00 in Klckner Co on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Klckner Co SE or generate 0.0% return on investment in Klckner Co over 30 days. Klckner Co is related to or competes with Cleveland Cliffs, Nucor Corp, Steel Dynamics, ArcelorMittal, and Gerdau SA. Klckner Co SE, through its subsidiaries, distributes steel and metal products More
Klckner Co 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 Klckner Co's pink sheet 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 Klckner Co SE upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Klckner Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Klckner Co's standard deviation. In reality, there are many statistical measures that can use Klckner Co historical prices to predict the future Klckner Co's volatility.
Klckner Co SE has Sharpe Ratio of -0.0903, which conveys that the firm had a -0.0903% return per unit of risk over the last 3 months. Klckner Co exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Klckner Co's Mean Deviation of 0.7356, standard deviation of 2.58, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0279, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Klckner Co's returns are expected to increase less than the market. However, during the bear market, the loss of holding Klckner Co is expected to be smaller as well. At this point, Klckner Co SE has a negative expected return of -0.24%. Please make sure to verify Klckner Co's mean deviation, information ratio, as well as the relationship between the Information Ratio and kurtosis , to decide if Klckner Co SE performance from the past will be repeated at some point in the near future.
Auto-correlation
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No correlation between past and present
Klckner Co SE has no correlation between past and present. Overlapping area represents the amount of predictability between Klckner Co time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Klckner Co SE price movement. The serial correlation of 0.0 indicates that just 0.0% of current Klckner Co price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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Klckner Co SE lagged returns against current returns
Autocorrelation, which is Klckner Co pink sheet'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 Klckner Co's pink sheet expected returns. We can calculate the autocorrelation of Klckner Co returns to help us make a trade decision. For example, suppose you find that Klckner Co has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Klckner Co 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 Klckner Co pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Klckner Co pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Klckner Co pink sheet over time.
Current vs Lagged Prices
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Klckner Co Lagged Returns
When evaluating Klckner Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Klckner Co pink sheet have on its future price. Klckner Co 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, Klckner Co autocorrelation shows the relationship between Klckner Co pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Klckner Co SE.
Other Information on Investing in Klckner Pink Sheet
Klckner Co financial ratios help investors to determine whether Klckner Pink Sheet 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 Klckner with respect to the benefits of owning Klckner Co security.