Kyocera Stock Market Value
| KYOCF Stock | USD 10.00 0.00 0.00% |
| Symbol | Kyocera |
Kyocera '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 Kyocera'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 Kyocera.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Kyocera on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Kyocera or generate 0.0% return on investment in Kyocera over 30 days. Kyocera is related to or competes with Hitachi, Itochu Corp, 3M, Sumitomo Corp, and Hitachi. Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of As... More
Kyocera 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 Kyocera'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 Kyocera upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 23.77 | |||
| Value At Risk | (0.09) |
Kyocera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kyocera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kyocera's standard deviation. In reality, there are many statistical measures that can use Kyocera historical prices to predict the future Kyocera's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (4.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kyocera'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.
Kyocera Backtested Returns
Kyocera has Sharpe Ratio of -0.0694, which conveys that the firm had a -0.0694% return per unit of risk over the last 3 months. Kyocera exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kyocera's Risk Adjusted Performance of (0.05), standard deviation of 2.42, and Mean Deviation of 0.6723 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0442, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kyocera's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kyocera is expected to be smaller as well. At this point, Kyocera has a negative expected return of -0.17%. Please make sure to verify Kyocera's information ratio, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if Kyocera performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Kyocera has no correlation between past and present. Overlapping area represents the amount of predictability between Kyocera time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Kyocera price movement. The serial correlation of 0.0 indicates that just 0.0% of current Kyocera price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kyocera lagged returns against current returns
Autocorrelation, which is Kyocera 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 Kyocera's pink sheet expected returns. We can calculate the autocorrelation of Kyocera returns to help us make a trade decision. For example, suppose you find that Kyocera 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 |
Kyocera 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 Kyocera pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kyocera pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kyocera pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kyocera Lagged Returns
When evaluating Kyocera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kyocera pink sheet have on its future price. Kyocera 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, Kyocera autocorrelation shows the relationship between Kyocera pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kyocera.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kyocera Pink Sheet
Kyocera financial ratios help investors to determine whether Kyocera 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 Kyocera with respect to the benefits of owning Kyocera security.