Kossan Rubber Industries Stock Market Value
| KSRBF Stock | USD 0.33 0.00 0.00% |
| Symbol | Kossan |
Kossan Rubber '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 Kossan Rubber'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 Kossan Rubber.
| 02/01/2024 |
| 01/21/2026 |
If you would invest 0.00 in Kossan Rubber on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Kossan Rubber Industries or generate 0.0% return on investment in Kossan Rubber over 720 days. Kossan Rubber is related to or competes with China Shineway, Supermax Berhad, Kaken Pharmaceutical, and Luye Pharma. Kossan Rubber Industries Bhd., an investment holding company, manufactures and sells latex disposable gloves in Malaysia... More
Kossan Rubber 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 Kossan Rubber'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 Kossan Rubber Industries upside and downside potential and time the market with a certain degree of confidence.
Kossan Rubber Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kossan Rubber's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kossan Rubber's standard deviation. In reality, there are many statistical measures that can use Kossan Rubber historical prices to predict the future Kossan Rubber's volatility.Kossan Rubber Industries Backtested Returns
We have found three technical indicators for Kossan Rubber, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Kossan Rubber are completely uncorrelated.
Auto-correlation | 0.63 |
Good predictability
Kossan Rubber Industries has good predictability. Overlapping area represents the amount of predictability between Kossan Rubber time series from 1st of February 2024 to 26th of January 2025 and 26th of January 2025 to 21st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kossan Rubber Industries price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Kossan Rubber price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kossan Rubber Industries lagged returns against current returns
Autocorrelation, which is Kossan Rubber 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 Kossan Rubber's pink sheet expected returns. We can calculate the autocorrelation of Kossan Rubber returns to help us make a trade decision. For example, suppose you find that Kossan Rubber 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 |
Kossan Rubber 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 Kossan Rubber pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kossan Rubber pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kossan Rubber pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kossan Rubber Lagged Returns
When evaluating Kossan Rubber's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kossan Rubber pink sheet have on its future price. Kossan Rubber 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, Kossan Rubber autocorrelation shows the relationship between Kossan Rubber pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kossan Rubber Industries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kossan Pink Sheet
Kossan Rubber financial ratios help investors to determine whether Kossan Pink Sheet 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 Kossan with respect to the benefits of owning Kossan Rubber security.