Kraken Robotics Stock Market Value
| KRKNF Stock | USD 1.82 0.04 2.15% |
| Symbol | Kraken |
Kraken Robotics '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 Kraken Robotics' otc 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 Kraken Robotics.
| 01/08/2025 |
| 02/07/2025 |
If you would invest 0.00 in Kraken Robotics on January 8, 2025 and sell it all today you would earn a total of 0.00 from holding Kraken Robotics or generate 0.0% return on investment in Kraken Robotics over 30 days. Kraken Robotics is related to or competes with Genasys, ESCO Technologies, Focus Universal, Sono Tek, Mesa Laboratories, and Mind Technology. Kraken Robotics Inc., a marine technology company, engages in the design, manufacture, and sale of software-centric sens... More
Kraken Robotics 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 Kraken Robotics' otc 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 Kraken Robotics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.04 | |||
| Information Ratio | 0.0819 | |||
| Maximum Drawdown | 24.5 | |||
| Value At Risk | (5.76) | |||
| Potential Upside | 9.3 |
Kraken Robotics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kraken Robotics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kraken Robotics' standard deviation. In reality, there are many statistical measures that can use Kraken Robotics historical prices to predict the future Kraken Robotics' volatility.| Risk Adjusted Performance | 0.0943 | |||
| Jensen Alpha | 0.416 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0904 | |||
| Treynor Ratio | 1.08 |
Kraken Robotics Backtested Returns
At this point, Kraken Robotics is dangerous. Kraken Robotics has Sharpe Ratio of 0.0458, which conveys that the firm had a 0.0458 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Kraken Robotics, which you can use to evaluate the volatility of the firm. Please verify Kraken Robotics' Risk Adjusted Performance of 0.0943, mean deviation of 3.32, and Downside Deviation of 4.04 to check out if the risk estimate we provide is consistent with the expected return of 0.19%. Kraken Robotics has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kraken Robotics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kraken Robotics is expected to be smaller as well. Kraken Robotics right now secures a risk of 4.19%. Please verify Kraken Robotics potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Kraken Robotics will be following its current price movements.
Auto-correlation | -0.81 |
Excellent reverse predictability
Kraken Robotics has excellent reverse predictability. Overlapping area represents the amount of predictability between Kraken Robotics time series from 8th of January 2025 to 23rd of January 2025 and 23rd of January 2025 to 7th of February 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 Kraken Robotics price movement. The serial correlation of -0.81 indicates that around 81.0% of current Kraken Robotics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kraken Robotics lagged returns against current returns
Autocorrelation, which is Kraken Robotics otc 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 Kraken Robotics' otc stock expected returns. We can calculate the autocorrelation of Kraken Robotics returns to help us make a trade decision. For example, suppose you find that Kraken Robotics has exhibited high autocorrelation historically, and you observe that the otc 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 |
Kraken Robotics 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 Kraken Robotics otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kraken Robotics otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kraken Robotics otc stock over time.
Current vs Lagged Prices |
| Timeline |
Kraken Robotics Lagged Returns
When evaluating Kraken Robotics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kraken Robotics otc stock have on its future price. Kraken Robotics 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, Kraken Robotics autocorrelation shows the relationship between Kraken Robotics otc stock current value and its past values and can show if there is a momentum factor associated with investing in Kraken Robotics.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kraken OTC Stock
Kraken Robotics financial ratios help investors to determine whether Kraken OTC 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 Kraken with respect to the benefits of owning Kraken Robotics security.