Konica Minolta (Germany) Market Value
| KPI1 Stock | EUR 4.17 0.09 2.21% |
| Symbol | Konica |
Konica Minolta '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 Konica Minolta'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 Konica Minolta.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Konica Minolta on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Konica Minolta or generate 0.0% return on investment in Konica Minolta over 30 days. Konica Minolta is related to or competes with Sims Metal, Games Workshop, HOCHSCHILD MINING, Platinum Investment, Cleanaway Waste, PENN NATL, and Ares Management. Konica Minolta, Inc. engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, t... More
Konica Minolta 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 Konica Minolta'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 Konica Minolta upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.96 | |||
| Information Ratio | 0.2749 | |||
| Maximum Drawdown | 13.98 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 4.74 |
Konica Minolta Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Konica Minolta's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Konica Minolta's standard deviation. In reality, there are many statistical measures that can use Konica Minolta historical prices to predict the future Konica Minolta's volatility.| Risk Adjusted Performance | 0.2412 | |||
| Jensen Alpha | 0.7747 | |||
| Total Risk Alpha | 0.418 | |||
| Sortino Ratio | 0.3286 | |||
| Treynor Ratio | (2.70) |
Konica Minolta Backtested Returns
Konica Minolta appears to be slightly risky, given 3 months investment horizon. Konica Minolta has Sharpe Ratio of 0.34, which conveys that the firm had a 0.34% return per unit of risk over the last 3 months. By analyzing Konica Minolta's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please exercise Konica Minolta's Risk Adjusted Performance of 0.2412, downside deviation of 1.96, and Mean Deviation of 1.69 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Konica Minolta holds a performance score of 26. The company secures a Beta (Market Risk) of -0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Konica Minolta are expected to decrease at a much lower rate. During the bear market, Konica Minolta is likely to outperform the market. Please check Konica Minolta's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Konica Minolta's current price movements will revert.
Auto-correlation | 0.01 |
Virtually no predictability
Konica Minolta has virtually no predictability. Overlapping area represents the amount of predictability between Konica Minolta time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Konica Minolta price movement. The serial correlation of 0.01 indicates that just 1.0% of current Konica Minolta price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Konica Minolta lagged returns against current returns
Autocorrelation, which is Konica Minolta 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 Konica Minolta's stock expected returns. We can calculate the autocorrelation of Konica Minolta returns to help us make a trade decision. For example, suppose you find that Konica Minolta 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 |
Konica Minolta 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 Konica Minolta stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Konica Minolta stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Konica Minolta stock over time.
Current vs Lagged Prices |
| Timeline |
Konica Minolta Lagged Returns
When evaluating Konica Minolta's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Konica Minolta stock have on its future price. Konica Minolta 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, Konica Minolta autocorrelation shows the relationship between Konica Minolta stock current value and its past values and can show if there is a momentum factor associated with investing in Konica Minolta.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Konica Stock
Konica Minolta financial ratios help investors to determine whether Konica 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 Konica with respect to the benefits of owning Konica Minolta security.