Karnataka Bank (India) Market Value
| KTKBANK Stock | 205.34 2.13 1.03% |
| Symbol | Karnataka |
Karnataka Bank '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 Karnataka Bank's 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 Karnataka Bank.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Karnataka Bank on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding The Karnataka Bank or generate 0.0% return on investment in Karnataka Bank over 30 days. Karnataka Bank is related to or competes with MRF, JSW Holdings, Maharashtra Scooters, Nalwa Sons, Kalyani Investment, Pilani Investment, and Vardhman Holdings. Karnataka Bank is entity of India. It is traded as Stock on NSE exchange. More
Karnataka Bank 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 Karnataka Bank's 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 The Karnataka Bank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.35 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 3.07 |
Karnataka Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Karnataka Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Karnataka Bank's standard deviation. In reality, there are many statistical measures that can use Karnataka Bank historical prices to predict the future Karnataka Bank's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.12) |
Karnataka Bank Backtested Returns
Karnataka Bank has Sharpe Ratio of -0.0558, which conveys that the firm had a -0.0558% return per unit of risk over the last 3 months. Karnataka Bank exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Karnataka Bank's Risk Adjusted Performance of (0.01), standard deviation of 1.85, and Market Risk Adjusted Performance of (0.11) to check out the risk estimate we provide. 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, Karnataka Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Karnataka Bank is expected to be smaller as well. At this point, Karnataka Bank has a negative expected return of -0.11%. Please make sure to verify Karnataka Bank's treynor ratio, kurtosis, and the relationship between the jensen alpha and potential upside , to decide if Karnataka Bank performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
The Karnataka Bank has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Karnataka Bank time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Karnataka Bank price movement. The serial correlation of -0.71 indicates that around 71.0% of current Karnataka Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 13.2 |
Karnataka Bank lagged returns against current returns
Autocorrelation, which is Karnataka Bank 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 Karnataka Bank's stock expected returns. We can calculate the autocorrelation of Karnataka Bank returns to help us make a trade decision. For example, suppose you find that Karnataka Bank has exhibited high autocorrelation historically, and you observe that the 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 |
Karnataka Bank 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 Karnataka Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Karnataka Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Karnataka Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Karnataka Bank Lagged Returns
When evaluating Karnataka Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Karnataka Bank stock have on its future price. Karnataka Bank 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, Karnataka Bank autocorrelation shows the relationship between Karnataka Bank stock current value and its past values and can show if there is a momentum factor associated with investing in The Karnataka Bank.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Karnataka Stock
Karnataka Bank financial ratios help investors to determine whether Karnataka 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 Karnataka with respect to the benefits of owning Karnataka Bank security.