Kuaishou Technology Stock Market Value
| KUASF Stock | USD 5.78 0.72 11.08% |
| 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.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Kuaishou Technology on October 30, 2024 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 30 days. Kuaishou Technology is related to or competes with Tencent Holdings, Trivago NV, YY, DouYu International, 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.
| Information Ratio | 0.0677 | |||
| Maximum Drawdown | 37.32 | |||
| Potential Upside | 7.79 |
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 | 0.0829 | |||
| Jensen Alpha | 0.4196 | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (2.24) |
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 relatively risky, given 3 months investment horizon. Kuaishou Technology has Sharpe Ratio of 0.0759, which conveys that the firm had a 0.0759% return per unit of risk over the last 3 months. We have found twenty technical indicators for Kuaishou Technology, which you can use to evaluate the volatility of the firm. Please exercise Kuaishou Technology's Standard Deviation of 4.19, mean deviation of 1.68, and Risk Adjusted Performance of 0.0829 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 5. The company secures a Beta (Market Risk) of -0.18, 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 potential upside, and the relationship between the variance and rate of daily change , to make a quick decision on whether Kuaishou Technology's current price movements will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Kuaishou Technology has no correlation between past and present. Overlapping area represents the amount of predictability between Kuaishou Technology time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 0.0 indicates that just 0.0% of current Kuaishou Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
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 |
Currently Active Assets on Macroaxis
Other Information on Investing in Kuaishou Pink Sheet
Kuaishou Technology financial ratios help investors to determine whether Kuaishou 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 Kuaishou with respect to the benefits of owning Kuaishou Technology security.