KNR Constructions' market value is the price at which a share of KNR Constructions trades on a public exchange. It measures the collective expectations of KNR Constructions Limited investors about its performance. KNR Constructions is trading at 319.95 as of the 18th of January 2025, a 0.16 percent decrease since the beginning of the trading day. The stock's open price was 320.45. With this module, you can estimate the performance of a buy and hold strategy of KNR Constructions Limited and determine expected loss or profit from investing in KNR Constructions over a given investment horizon. Check out KNR Constructions Correlation, KNR Constructions Volatility and KNR Constructions Alpha and Beta module to complement your research on KNR Constructions.
Please note, there is a significant difference between KNR Constructions' value and its price as these two are different measures arrived at by different means. Investors typically determine if KNR Constructions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KNR Constructions' 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.
KNR Constructions '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 KNR Constructions' 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 KNR Constructions.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in KNR Constructions on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding KNR Constructions Limited or generate 0.0% return on investment in KNR Constructions over 30 days. KNR Constructions is related to or competes with IdeaForge Technology, Nucleus Software, Le Travenues, Byke Hospitality, UTI Asset, Blue Jet, and Kaynes Technology. KNR Constructions is entity of India. It is traded as Stock on NSE exchange. More
KNR Constructions 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 KNR Constructions' 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 KNR Constructions Limited 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 KNR Constructions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KNR Constructions' standard deviation. In reality, there are many statistical measures that can use KNR Constructions historical prices to predict the future KNR Constructions' volatility.
At this point, KNR Constructions is very steady. KNR Constructions has Sharpe Ratio of 0.04, which conveys that the firm had a 0.04% return per unit of volatility over the last 3 months. We have found twenty-three technical indicators for KNR Constructions, which you can use to evaluate the volatility of the firm. Please verify KNR Constructions' mean deviation of 1.77, and Risk Adjusted Performance of 0.0023 to check out if the risk estimate we provide is consistent with the expected return of 0.0983%. KNR Constructions has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KNR Constructions' returns are expected to increase less than the market. However, during the bear market, the loss of holding KNR Constructions is expected to be smaller as well. KNR Constructions currently secures a risk of 2.46%. Please verify KNR Constructions Limited treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if KNR Constructions Limited will be following its current price movements.
Auto-correlation
-0.52
Good reverse predictability
KNR Constructions Limited has good reverse predictability. Overlapping area represents the amount of predictability between KNR Constructions 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 KNR Constructions price movement. The serial correlation of -0.52 indicates that about 52.0% of current KNR Constructions price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.52
Spearman Rank Test
-0.43
Residual Average
0.0
Price Variance
94.25
KNR Constructions lagged returns against current returns
Autocorrelation, which is KNR Constructions 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 KNR Constructions' stock expected returns. We can calculate the autocorrelation of KNR Constructions returns to help us make a trade decision. For example, suppose you find that KNR Constructions 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
KNR Constructions 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 KNR Constructions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KNR Constructions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KNR Constructions stock over time.
Current vs Lagged Prices
Timeline
KNR Constructions Lagged Returns
When evaluating KNR Constructions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KNR Constructions stock have on its future price. KNR Constructions 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, KNR Constructions autocorrelation shows the relationship between KNR Constructions stock current value and its past values and can show if there is a momentum factor associated with investing in KNR Constructions Limited.
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.
KNR Constructions financial ratios help investors to determine whether KNR 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 KNR with respect to the benefits of owning KNR Constructions security.