Kronos Advanced Technologies Stock Market Value
| KNOS Stock | USD 0.01 0 12.09% |
| Symbol | Kronos |
Kronos Advanced '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 Kronos Advanced'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 Kronos Advanced.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Kronos Advanced on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Kronos Advanced Technologies or generate 0.0% return on investment in Kronos Advanced over 360 days. Kronos Advanced is related to or competes with Element Solutions, Orion Engineered, Minerals Technologies, Ingevity Corp, Hawkins, Crown Electrokinetics, and Core Molding. Kronos Advanced Technologies Inc. manufactures, distributes, and licenses air movement and purification devices in the U... More
Kronos Advanced 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 Kronos Advanced'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 Kronos Advanced Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.73 | |||
| Information Ratio | 0.0609 | |||
| Maximum Drawdown | 60.17 | |||
| Value At Risk | (17.60) | |||
| Potential Upside | 26.42 |
Kronos Advanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kronos Advanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kronos Advanced's standard deviation. In reality, there are many statistical measures that can use Kronos Advanced historical prices to predict the future Kronos Advanced's volatility.| Risk Adjusted Performance | 0.064 | |||
| Jensen Alpha | 0.7106 | |||
| Total Risk Alpha | (1.11) | |||
| Sortino Ratio | 0.0796 | |||
| Treynor Ratio | 0.587 |
Kronos Advanced Tech Backtested Returns
Kronos Advanced appears to be out of control, given 3 months investment horizon. Kronos Advanced Tech has Sharpe Ratio of 0.0736, which conveys that the firm had a 0.0736% return per unit of risk over the last 3 months. By analyzing Kronos Advanced's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please exercise Kronos Advanced's Mean Deviation of 9.31, downside deviation of 9.73, and Risk Adjusted Performance of 0.064 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kronos Advanced holds a performance score of 5. The company secures a Beta (Market Risk) of 1.52, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kronos Advanced will likely underperform. Please check Kronos Advanced's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Kronos Advanced's current price movements will revert.
Auto-correlation | 0.66 |
Good predictability
Kronos Advanced Technologies has good predictability. Overlapping area represents the amount of predictability between Kronos Advanced time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Kronos Advanced Tech price movement. The serial correlation of 0.66 indicates that around 66.0% of current Kronos Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kronos Advanced Tech lagged returns against current returns
Autocorrelation, which is Kronos Advanced 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 Kronos Advanced's pink sheet expected returns. We can calculate the autocorrelation of Kronos Advanced returns to help us make a trade decision. For example, suppose you find that Kronos Advanced 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 |
Kronos Advanced 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 Kronos Advanced pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kronos Advanced pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kronos Advanced pink sheet over time.
Current vs Lagged Prices |
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Kronos Advanced Lagged Returns
When evaluating Kronos Advanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kronos Advanced pink sheet have on its future price. Kronos Advanced 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, Kronos Advanced autocorrelation shows the relationship between Kronos Advanced pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kronos Advanced Technologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Kronos Pink Sheet Analysis
When running Kronos Advanced's price analysis, check to measure Kronos Advanced'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 Kronos Advanced is operating at the current time. Most of Kronos Advanced's value examination focuses on studying past and present price action to predict the probability of Kronos Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kronos Advanced's price. Additionally, you may evaluate how the addition of Kronos Advanced to your portfolios can decrease your overall portfolio volatility.