Konsolidator (Denmark) Market Value
| KONSOL Stock | 3.90 0.10 2.63% |
| Symbol | Konsolidator |
Konsolidator '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 Konsolidator'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 Konsolidator.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Konsolidator on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Konsolidator AS or generate 0.0% return on investment in Konsolidator over 390 days. Konsolidator is related to or competes with Penneo AS, FOM Technologies, Shape Robotics, Gabriel Holding, and Skjern Bank. More
Konsolidator 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 Konsolidator'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 Konsolidator AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.68 | |||
| Information Ratio | 0.0235 | |||
| Maximum Drawdown | 16.04 | |||
| Value At Risk | (4.85) | |||
| Potential Upside | 5.41 |
Konsolidator Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Konsolidator's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Konsolidator's standard deviation. In reality, there are many statistical measures that can use Konsolidator historical prices to predict the future Konsolidator's volatility.| Risk Adjusted Performance | 0.0608 | |||
| Jensen Alpha | 0.2642 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.019 | |||
| Treynor Ratio | (0.38) |
Konsolidator AS Backtested Returns
At this point, Konsolidator is relatively risky. Konsolidator AS has Sharpe Ratio of 0.05, which conveys that the firm had a 0.05% return per unit of risk over the last 3 months. We have found thirty technical indicators for Konsolidator, which you can use to evaluate the volatility of the firm. Please verify Konsolidator's Mean Deviation of 2.04, risk adjusted performance of 0.0608, and Downside Deviation of 3.68 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Konsolidator has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.52, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Konsolidator are expected to decrease at a much lower rate. During the bear market, Konsolidator is likely to outperform the market. Konsolidator AS right now secures a risk of 2.94%. Please verify Konsolidator AS expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Konsolidator AS will be following its current price movements.
Auto-correlation | 0.01 |
Virtually no predictability
Konsolidator AS has virtually no predictability. Overlapping area represents the amount of predictability between Konsolidator time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 Konsolidator AS price movement. The serial correlation of 0.01 indicates that just 1.0% of current Konsolidator price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Konsolidator AS lagged returns against current returns
Autocorrelation, which is Konsolidator 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 Konsolidator's stock expected returns. We can calculate the autocorrelation of Konsolidator returns to help us make a trade decision. For example, suppose you find that Konsolidator 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 |
Konsolidator 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 Konsolidator stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Konsolidator stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Konsolidator stock over time.
Current vs Lagged Prices |
| Timeline |
Konsolidator Lagged Returns
When evaluating Konsolidator's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Konsolidator stock have on its future price. Konsolidator 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, Konsolidator autocorrelation shows the relationship between Konsolidator stock current value and its past values and can show if there is a momentum factor associated with investing in Konsolidator AS.
Regressed Prices |
| Timeline |
Pair Trading with Konsolidator
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Konsolidator position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Konsolidator will appreciate offsetting losses from the drop in the long position's value.Moving against Konsolidator Stock
The ability to find closely correlated positions to Konsolidator could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Konsolidator when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Konsolidator - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Konsolidator AS to buy it.
The correlation of Konsolidator is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Konsolidator moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Konsolidator AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Konsolidator can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Konsolidator Stock
Konsolidator financial ratios help investors to determine whether Konsolidator 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 Konsolidator with respect to the benefits of owning Konsolidator security.