Kuaishou Technology Stock Market Value
| KSHTY Stock | USD 1.28 0.04 3.23% |
| Symbol | Kuaishou |
Kuaishou Technology '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 Kuaishou Technology's pink sheet 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 Kuaishou Technology.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Kuaishou Technology on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Kuaishou Technology or generate 0.0% return on investment in Kuaishou Technology over 540 days. Kuaishou Technology is related to or competes with Tencent Holdings, DouYu International, Tencent Music, Weibo Corp, Baidu, Prosus, and Kuaishou Technology. Kuaishou Technology, an investment holding company, provides live streaming, online marketing, and other services mainly... More
Kuaishou Technology 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 Kuaishou Technology's pink sheet 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 Kuaishou Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.52 | |||
| Information Ratio | 0.0443 | |||
| Maximum Drawdown | 34.15 | |||
| Value At Risk | (6.12) | |||
| Potential Upside | 10.4 |
Kuaishou Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kuaishou Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kuaishou Technology's standard deviation. In reality, there are many statistical measures that can use Kuaishou Technology historical prices to predict the future Kuaishou Technology's volatility.| Risk Adjusted Performance | 0.0597 | |||
| Jensen Alpha | 0.3708 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 0.045 | |||
| Treynor Ratio | (5.75) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kuaishou Technology's 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.
Kuaishou Technology Backtested Returns
Kuaishou Technology appears to be extremely dangerous, given 3 months investment horizon. Kuaishou Technology has Sharpe Ratio of 0.0874, which conveys that the firm had a 0.0874% return per unit of risk over the last 3 months. By analyzing Kuaishou Technology's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise Kuaishou Technology's Mean Deviation of 3.58, downside deviation of 5.52, and Risk Adjusted Performance of 0.0597 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kuaishou Technology holds a performance score of 6. The company secures a Beta (Market Risk) of -0.0632, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kuaishou Technology are expected to decrease at a much lower rate. During the bear market, Kuaishou Technology is likely to outperform the market. Please check Kuaishou Technology's accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and jensen alpha , to make a quick decision on whether Kuaishou Technology's current price movements will revert.
Auto-correlation | 0.26 |
Poor predictability
Kuaishou Technology has poor predictability. Overlapping area represents the amount of predictability between Kuaishou Technology time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Kuaishou Technology price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Kuaishou Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Kuaishou Technology lagged returns against current returns
Autocorrelation, which is Kuaishou Technology pink sheet'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 Kuaishou Technology's pink sheet expected returns. We can calculate the autocorrelation of Kuaishou Technology returns to help us make a trade decision. For example, suppose you find that Kuaishou Technology has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Kuaishou Technology 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 Kuaishou Technology pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kuaishou Technology pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kuaishou Technology pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kuaishou Technology Lagged Returns
When evaluating Kuaishou Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kuaishou Technology pink sheet have on its future price. Kuaishou Technology 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, Kuaishou Technology autocorrelation shows the relationship between Kuaishou Technology pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kuaishou Technology.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Kuaishou Pink Sheet Analysis
When running Kuaishou Technology's price analysis, check to measure Kuaishou Technology'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 Kuaishou Technology is operating at the current time. Most of Kuaishou Technology's value examination focuses on studying past and present price action to predict the probability of Kuaishou Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kuaishou Technology's price. Additionally, you may evaluate how the addition of Kuaishou Technology to your portfolios can decrease your overall portfolio volatility.