Kri Kri (Greece) Market Value
| KRI Stock | EUR 14.30 0.05 0.35% |
| Symbol | Kri |
Kri Kri '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 Kri Kri'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 Kri Kri.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Kri Kri on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Kri Kri Milk Industry or generate 0.0% return on investment in Kri Kri over 30 days. Kri Kri is related to or competes with Motor Oil, Mytilineos, Gr Sarantis, Aegean Airlines, and Terna Energy. Kri-Kri Milk Industry S.A. produces and sells dairy products in Greece More
Kri Kri 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 Kri Kri'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 Kri Kri Milk Industry upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.72 | |||
| Information Ratio | 0.0728 | |||
| Maximum Drawdown | 9.82 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 3.99 |
Kri Kri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kri Kri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kri Kri's standard deviation. In reality, there are many statistical measures that can use Kri Kri historical prices to predict the future Kri Kri's volatility.| Risk Adjusted Performance | 0.1167 | |||
| Jensen Alpha | 0.198 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.077 | |||
| Treynor Ratio | 0.5524 |
Kri Kri Milk Backtested Returns
Kri Kri appears to be very steady, given 3 months investment horizon. Kri Kri Milk has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Kri Kri, which you can use to evaluate the volatility of the firm. Please exercise Kri Kri's Downside Deviation of 1.72, mean deviation of 1.29, and Risk Adjusted Performance of 0.1167 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kri Kri holds a performance score of 11. The company secures a Beta (Market Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kri Kri's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kri Kri is expected to be smaller as well. Please check Kri Kri's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Kri Kri's current price movements will revert.
Auto-correlation | -0.59 |
Good reverse predictability
Kri Kri Milk Industry has good reverse predictability. Overlapping area represents the amount of predictability between Kri Kri time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Kri Kri Milk price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Kri Kri price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Kri Kri Milk lagged returns against current returns
Autocorrelation, which is Kri Kri 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 Kri Kri's stock expected returns. We can calculate the autocorrelation of Kri Kri returns to help us make a trade decision. For example, suppose you find that Kri Kri 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 |
Kri Kri 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 Kri Kri stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kri Kri stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kri Kri stock over time.
Current vs Lagged Prices |
| Timeline |
Kri Kri Lagged Returns
When evaluating Kri Kri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kri Kri stock have on its future price. Kri Kri 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, Kri Kri autocorrelation shows the relationship between Kri Kri stock current value and its past values and can show if there is a momentum factor associated with investing in Kri Kri Milk Industry.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Kri Stock Analysis
When running Kri Kri's price analysis, check to measure Kri Kri'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 Kri Kri is operating at the current time. Most of Kri Kri's value examination focuses on studying past and present price action to predict the probability of Kri Kri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kri Kri's price. Additionally, you may evaluate how the addition of Kri Kri to your portfolios can decrease your overall portfolio volatility.