Kinder Morgan (Brazil) Market Value
| KMIC34 Stock | BRL 165.60 3.52 2.17% |
| Symbol | Kinder |
Kinder Morgan '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 Kinder Morgan'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 Kinder Morgan.
| 09/05/2023 |
| 11/28/2024 |
If you would invest 0.00 in Kinder Morgan on September 5, 2023 and sell it all today you would earn a total of 0.00 from holding Kinder Morgan Kansas or generate 0.0% return on investment in Kinder Morgan over 450 days. Kinder Morgan is related to or competes with ONEOK, Banco Do, and CA Modas. As of February 29, 2012, Kinder Morgan Kansas, Inc More
Kinder Morgan 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 Kinder Morgan'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 Kinder Morgan Kansas upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.29 | |||
| Maximum Drawdown | 6.46 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 3.19 |
Kinder Morgan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinder Morgan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinder Morgan's standard deviation. In reality, there are many statistical measures that can use Kinder Morgan historical prices to predict the future Kinder Morgan's volatility.| Risk Adjusted Performance | 0.2991 | |||
| Jensen Alpha | 0.5165 | |||
| Total Risk Alpha | 0.3012 | |||
| Sortino Ratio | 0.2908 | |||
| Treynor Ratio | (143.36) |
Kinder Morgan Kansas Backtested Returns
Kinder Morgan appears to be very steady, given 3 months investment horizon. Kinder Morgan Kansas has Sharpe Ratio of 0.38, which conveys that the firm had a 0.38% return per unit of risk over the last 3 months. By analyzing Kinder Morgan's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise Kinder Morgan's Mean Deviation of 0.9496, risk adjusted performance of 0.2991, and Downside Deviation of 1.36 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kinder Morgan holds a performance score of 30. The company secures a Beta (Market Risk) of -0.0036, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kinder Morgan are expected to decrease at a much lower rate. During the bear market, Kinder Morgan is likely to outperform the market. Please check Kinder Morgan's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Kinder Morgan's current price movements will revert.
Auto-correlation | 0.79 |
Good predictability
Kinder Morgan Kansas has good predictability. Overlapping area represents the amount of predictability between Kinder Morgan time series from 5th of September 2023 to 17th of April 2024 and 17th of April 2024 to 28th 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 Kinder Morgan Kansas price movement. The serial correlation of 0.79 indicates that around 79.0% of current Kinder Morgan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 73.26 |
Kinder Morgan Kansas lagged returns against current returns
Autocorrelation, which is Kinder Morgan 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 Kinder Morgan's stock expected returns. We can calculate the autocorrelation of Kinder Morgan returns to help us make a trade decision. For example, suppose you find that Kinder Morgan 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 |
Kinder Morgan 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 Kinder Morgan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinder Morgan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinder Morgan stock over time.
Current vs Lagged Prices |
| Timeline |
Kinder Morgan Lagged Returns
When evaluating Kinder Morgan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinder Morgan stock have on its future price. Kinder Morgan 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, Kinder Morgan autocorrelation shows the relationship between Kinder Morgan stock current value and its past values and can show if there is a momentum factor associated with investing in Kinder Morgan Kansas.
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 Kinder Stock
Kinder Morgan financial ratios help investors to determine whether Kinder 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 Kinder with respect to the benefits of owning Kinder Morgan security.