El Kahera's market value is the price at which a share of El Kahera trades on a public exchange. It measures the collective expectations of El Kahera El investors about its performance. El Kahera is trading at 29.95 as of the 28th of November 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 27.15. With this module, you can estimate the performance of a buy and hold strategy of El Kahera El and determine expected loss or profit from investing in El Kahera over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
KWIN
El Kahera '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 El Kahera'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 El Kahera.
0.00
12/09/2022
No Change 0.00
0.0
In 1 year 11 months and 22 days
11/28/2024
0.00
If you would invest 0.00 in El Kahera on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding El Kahera El or generate 0.0% return on investment in El Kahera over 720 days.
El Kahera 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 El Kahera'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 El Kahera El upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for El Kahera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as El Kahera's standard deviation. In reality, there are many statistical measures that can use El Kahera historical prices to predict the future El Kahera's volatility.
El Kahera appears to be not too volatile, given 3 months investment horizon. El Kahera El retains Efficiency (Sharpe Ratio) of 0.0677, which denotes the company had a 0.0677% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for El Kahera, which you can use to evaluate the volatility of the firm. Please utilize El Kahera's Downside Deviation of 8.09, standard deviation of 5.68, and Market Risk Adjusted Performance of 0.7123 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, El Kahera holds a performance score of 5. The firm owns a Beta (Systematic Risk) of 0.73, which means possible diversification benefits within a given portfolio. As returns on the market increase, El Kahera's returns are expected to increase less than the market. However, during the bear market, the loss of holding El Kahera is expected to be smaller as well. Please check El Kahera's mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether El Kahera's current price history will revert.
Auto-correlation
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No correlation between past and present
El Kahera El has no correlation between past and present. Overlapping area represents the amount of predictability between El Kahera time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 El Kahera El price movement. The serial correlation of 0.0 indicates that just 0.0% of current El Kahera price fluctuation can be explain by its past prices.
Correlation Coefficient
0.0
Spearman Rank Test
0.95
Residual Average
0.0
Price Variance
37.97
El Kahera El lagged returns against current returns
Autocorrelation, which is El Kahera 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 El Kahera's stock expected returns. We can calculate the autocorrelation of El Kahera returns to help us make a trade decision. For example, suppose you find that El Kahera 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
El Kahera 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 El Kahera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if El Kahera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in El Kahera stock over time.
Current vs Lagged Prices
Timeline
El Kahera Lagged Returns
When evaluating El Kahera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of El Kahera stock have on its future price. El Kahera 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, El Kahera autocorrelation shows the relationship between El Kahera stock current value and its past values and can show if there is a momentum factor associated with investing in El Kahera El.
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.