Kneomedia (Australia) Market Value
| KNM Stock | 0 0.00 0.00% |
| Symbol | Kneomedia |
Kneomedia '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 Kneomedia'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 Kneomedia.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Kneomedia on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Kneomedia or generate 0.0% return on investment in Kneomedia over 30 days. Kneomedia is related to or competes with Qbe Insurance. Kneomedia is entity of Australia. It is traded as Stock on AU exchange. More
Kneomedia 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 Kneomedia'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 Kneomedia upside and downside potential and time the market with a certain degree of confidence.
Kneomedia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kneomedia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kneomedia's standard deviation. In reality, there are many statistical measures that can use Kneomedia historical prices to predict the future Kneomedia's volatility.Kneomedia Backtested Returns
We have found three technical indicators for Kneomedia, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Kneomedia are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Kneomedia has no correlation between past and present. Overlapping area represents the amount of predictability between Kneomedia time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Kneomedia price movement. The serial correlation of 0.0 indicates that just 0.0% of current Kneomedia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kneomedia lagged returns against current returns
Autocorrelation, which is Kneomedia 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 Kneomedia's stock expected returns. We can calculate the autocorrelation of Kneomedia returns to help us make a trade decision. For example, suppose you find that Kneomedia 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 |
Kneomedia 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 Kneomedia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kneomedia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kneomedia stock over time.
Current vs Lagged Prices |
| Timeline |
Kneomedia Lagged Returns
When evaluating Kneomedia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kneomedia stock have on its future price. Kneomedia 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, Kneomedia autocorrelation shows the relationship between Kneomedia stock current value and its past values and can show if there is a momentum factor associated with investing in Kneomedia.
Regressed Prices |
| Timeline |
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Additional Tools for Kneomedia Stock Analysis
When running Kneomedia's price analysis, check to measure Kneomedia'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 Kneomedia is operating at the current time. Most of Kneomedia's value examination focuses on studying past and present price action to predict the probability of Kneomedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kneomedia's price. Additionally, you may evaluate how the addition of Kneomedia to your portfolios can decrease your overall portfolio volatility.