Kimteks Poliuretan's market value is the price at which a share of Kimteks Poliuretan trades on a public exchange. It measures the collective expectations of Kimteks Poliuretan Sanayi investors about its performance. Kimteks Poliuretan is trading at 18.80 as of the 14th of December 2024. This is a 0.48 percent up since the beginning of the trading day. The stock's open price was 18.71. With this module, you can estimate the performance of a buy and hold strategy of Kimteks Poliuretan Sanayi and determine expected loss or profit from investing in Kimteks Poliuretan over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Symbol
Kimteks
Kimteks Poliuretan '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 Kimteks Poliuretan'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 Kimteks Poliuretan.
0.00
11/14/2024
No Change 0.00
0.0
In 30 days
12/14/2024
0.00
If you would invest 0.00 in Kimteks Poliuretan on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Kimteks Poliuretan Sanayi or generate 0.0% return on investment in Kimteks Poliuretan over 30 days.
Kimteks Poliuretan 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 Kimteks Poliuretan'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 Kimteks Poliuretan Sanayi 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 Kimteks Poliuretan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kimteks Poliuretan's standard deviation. In reality, there are many statistical measures that can use Kimteks Poliuretan historical prices to predict the future Kimteks Poliuretan's volatility.
Kimteks Poliuretan Sanayi has Sharpe Ratio of -0.0956, which conveys that the firm had a -0.0956% return per unit of risk over the last 3 months. Kimteks Poliuretan exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kimteks Poliuretan's Standard Deviation of 2.4, risk adjusted performance of (0.05), and Mean Deviation of 1.79 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kimteks Poliuretan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kimteks Poliuretan is expected to be smaller as well. At this point, Kimteks Poliuretan Sanayi has a negative expected return of -0.23%. Please make sure to verify Kimteks Poliuretan's information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Kimteks Poliuretan Sanayi performance from the past will be repeated at some point in the near future.
Auto-correlation
0.05
Virtually no predictability
Kimteks Poliuretan Sanayi has virtually no predictability. Overlapping area represents the amount of predictability between Kimteks Poliuretan time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th of December 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 Kimteks Poliuretan Sanayi price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Kimteks Poliuretan price fluctuation can be explain by its past prices.
Correlation Coefficient
0.05
Spearman Rank Test
-0.21
Residual Average
0.0
Price Variance
0.06
Kimteks Poliuretan Sanayi lagged returns against current returns
Autocorrelation, which is Kimteks Poliuretan 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 Kimteks Poliuretan's stock expected returns. We can calculate the autocorrelation of Kimteks Poliuretan returns to help us make a trade decision. For example, suppose you find that Kimteks Poliuretan 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
Kimteks Poliuretan 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 Kimteks Poliuretan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kimteks Poliuretan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kimteks Poliuretan stock over time.
Current vs Lagged Prices
Timeline
Kimteks Poliuretan Lagged Returns
When evaluating Kimteks Poliuretan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kimteks Poliuretan stock have on its future price. Kimteks Poliuretan 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, Kimteks Poliuretan autocorrelation shows the relationship between Kimteks Poliuretan stock current value and its past values and can show if there is a momentum factor associated with investing in Kimteks Poliuretan Sanayi.
Regressed Prices
Timeline
Thematic Opportunities
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