Kerry Logistics Network Stock Market Value
| KRRYF Stock | USD 1.00 0.82 45.05% |
| Symbol | Kerry |
Kerry Logistics '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 Kerry Logistics' 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 Kerry Logistics.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Kerry Logistics on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Kerry Logistics Network or generate 0.0% return on investment in Kerry Logistics over 30 days. Kerry Logistics is related to or competes with Legacy Education, Apple, NVIDIA, Microsoft, Amazon, Bristol-Myers Squibb, and Alphabet. Kerry Logistics Network Limited, an investment holding company, provides logistics services in Hong Kong, Mainland China... More
Kerry Logistics 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 Kerry Logistics' 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 Kerry Logistics Network upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 52.17 |
Kerry Logistics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kerry Logistics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kerry Logistics' standard deviation. In reality, there are many statistical measures that can use Kerry Logistics historical prices to predict the future Kerry Logistics' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.84) | |||
| Total Risk Alpha | (1.73) | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kerry Logistics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Kerry Logistics Network Backtested Returns
Kerry Logistics appears to be dangerous, given 3 months investment horizon. Kerry Logistics Network has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Kerry Logistics, which you can use to evaluate the volatility of the firm. Please exercise Kerry Logistics' Risk Adjusted Performance of (0.05), standard deviation of 7.05, and Mean Deviation of 1.9 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kerry Logistics holds a performance score of 13. The company secures a Beta (Market Risk) of 2.27, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kerry Logistics will likely underperform. Please check Kerry Logistics' total risk alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to make a quick decision on whether Kerry Logistics' current price movements will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Kerry Logistics Network has no correlation between past and present. Overlapping area represents the amount of predictability between Kerry Logistics time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 Kerry Logistics Network price movement. The serial correlation of 0.0 indicates that just 0.0% of current Kerry Logistics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kerry Logistics Network lagged returns against current returns
Autocorrelation, which is Kerry Logistics 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 Kerry Logistics' otc stock expected returns. We can calculate the autocorrelation of Kerry Logistics returns to help us make a trade decision. For example, suppose you find that Kerry Logistics 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 |
Kerry Logistics 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 Kerry Logistics otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kerry Logistics otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kerry Logistics otc stock over time.
Current vs Lagged Prices |
| Timeline |
Kerry Logistics Lagged Returns
When evaluating Kerry Logistics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kerry Logistics otc stock have on its future price. Kerry Logistics 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, Kerry Logistics autocorrelation shows the relationship between Kerry Logistics otc stock current value and its past values and can show if there is a momentum factor associated with investing in Kerry Logistics Network.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kerry OTC Stock
Kerry Logistics financial ratios help investors to determine whether Kerry 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 Kerry with respect to the benefits of owning Kerry Logistics security.