Kunlun Energy Stock Market Value
| KUNUF Stock | USD 0.96 0.00 0.00% |
| Symbol | Kunlun |
Kunlun Energy '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 Kunlun Energy'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 Kunlun Energy.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Kunlun Energy on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Kunlun Energy or generate 0.0% return on investment in Kunlun Energy over 30 days. Kunlun Energy is related to or competes with Cosan SA, Star Gas, Valvoline, Zoom Video, PayPal Holdings, Destiny Tech100, and Omega Healthcare. Kunlun Energy Company Limited, an investment holding company, engages in the exploration, development, production, and s... More
Kunlun Energy 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 Kunlun Energy'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 Kunlun Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 2.17 |
Kunlun Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kunlun Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kunlun Energy's standard deviation. In reality, there are many statistical measures that can use Kunlun Energy historical prices to predict the future Kunlun Energy's volatility.| Risk Adjusted Performance | 0.1239 | |||
| Jensen Alpha | 0.0474 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 0.8541 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kunlun Energy'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.
Kunlun Energy Backtested Returns
At this point, Kunlun Energy is slightly risky. Kunlun Energy has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Kunlun Energy, which you can use to evaluate the volatility of the firm. Please verify Kunlun Energy's Risk Adjusted Performance of 0.1239, mean deviation of 0.1264, and Standard Deviation of 0.3715 to check out if the risk estimate we provide is consistent with the expected return of 0.0672%. Kunlun Energy has a performance score of 14 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0646, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kunlun Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kunlun Energy is expected to be smaller as well. Kunlun Energy right now secures a risk of 0.38%. Please verify Kunlun Energy information ratio and rate of daily change , to decide if Kunlun Energy will be following its current price movements.
Auto-correlation | 0.00 |
No correlation between past and present
Kunlun Energy has no correlation between past and present. Overlapping area represents the amount of predictability between Kunlun Energy time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Kunlun Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current Kunlun Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kunlun Energy lagged returns against current returns
Autocorrelation, which is Kunlun Energy 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 Kunlun Energy's pink sheet expected returns. We can calculate the autocorrelation of Kunlun Energy returns to help us make a trade decision. For example, suppose you find that Kunlun Energy 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 |
Kunlun Energy 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 Kunlun Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kunlun Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kunlun Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kunlun Energy Lagged Returns
When evaluating Kunlun Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kunlun Energy pink sheet have on its future price. Kunlun Energy 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, Kunlun Energy autocorrelation shows the relationship between Kunlun Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kunlun Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kunlun Pink Sheet
Kunlun Energy financial ratios help investors to determine whether Kunlun 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 Kunlun with respect to the benefits of owning Kunlun Energy security.