Konatel Stock Market Value
| KTEL Stock | USD 0.17 0.03 15.00% |
| Symbol | KonaTel |
KonaTel '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 KonaTel's 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 KonaTel.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in KonaTel on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding KonaTel or generate 0.0% return on investment in KonaTel over 60 days. KonaTel is related to or competes with KDDI Corp, ATT, FingerMotion, KORE Group, and IDT. KonaTel, Inc. provides retail and wholesale telecommunication services to individual and business customers More
KonaTel 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 KonaTel's 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 KonaTel upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 51.18 | |||
| Value At Risk | (15.00) | |||
| Potential Upside | 8.57 |
KonaTel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KonaTel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KonaTel's standard deviation. In reality, there are many statistical measures that can use KonaTel historical prices to predict the future KonaTel's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (1.95) | |||
| Treynor Ratio | 1.46 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KonaTel'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.
KonaTel Backtested Returns
KonaTel has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. KonaTel exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KonaTel's Standard Deviation of 7.15, risk adjusted performance of (0.08), and Mean Deviation of 4.12 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning KonaTel are expected to decrease at a much lower rate. During the bear market, KonaTel is likely to outperform the market. At this point, KonaTel has a negative expected return of -1.08%. Please make sure to verify KonaTel's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if KonaTel performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.15 |
Insignificant reverse predictability
KonaTel has insignificant reverse predictability. Overlapping area represents the amount of predictability between KonaTel time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 KonaTel price movement. The serial correlation of -0.15 indicates that less than 15.0% of current KonaTel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
KonaTel lagged returns against current returns
Autocorrelation, which is KonaTel 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 KonaTel's otc stock expected returns. We can calculate the autocorrelation of KonaTel returns to help us make a trade decision. For example, suppose you find that KonaTel 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 |
KonaTel 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 KonaTel otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KonaTel otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KonaTel otc stock over time.
Current vs Lagged Prices |
| Timeline |
KonaTel Lagged Returns
When evaluating KonaTel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KonaTel otc stock have on its future price. KonaTel 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, KonaTel autocorrelation shows the relationship between KonaTel otc stock current value and its past values and can show if there is a momentum factor associated with investing in KonaTel.
Regressed Prices |
| Timeline |
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KonaTel financial ratios help investors to determine whether KonaTel 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 KonaTel with respect to the benefits of owning KonaTel security.