Capri Holdings (Germany) Market Value
| MKO Stock | EUR 20.40 0.51 2.44% |
| Symbol | Capri |
Capri Holdings '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 Capri Holdings' 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 Capri Holdings.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Capri Holdings on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Capri Holdings Limited or generate 0.0% return on investment in Capri Holdings over 60 days. Capri Holdings is related to or competes with Australian Agricultural, China Resources, Suntory Beverage, Dairy Farm, AUST AGRICULTURAL, Tsingtao Brewery, and TITAN MACHINERY. Capri Holdings Limited designs, markets, distributes, and retails branded womens and mens apparel and accessories in the... More
Capri Holdings 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 Capri Holdings' 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 Capri Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 55.38 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 6.98 |
Capri Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capri Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capri Holdings' standard deviation. In reality, there are many statistical measures that can use Capri Holdings historical prices to predict the future Capri Holdings' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (1.38) | |||
| Treynor Ratio | (0.16) |
Capri Holdings Backtested Returns
Capri Holdings secures Sharpe Ratio (or Efficiency) of -0.0494, which signifies that the company had a -0.0494% return per unit of risk over the last 3 months. Capri Holdings Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Capri Holdings' Risk Adjusted Performance of (0.03), mean deviation of 2.8, and Standard Deviation of 6.79 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.04, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Capri Holdings will likely underperform. At this point, Capri Holdings has a negative expected return of -0.34%. Please make sure to confirm Capri Holdings' treynor ratio, daily balance of power, price action indicator, as well as the relationship between the skewness and day median price , to decide if Capri Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.57 |
Good reverse predictability
Capri Holdings Limited has good reverse predictability. Overlapping area represents the amount of predictability between Capri Holdings time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 Capri Holdings price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Capri Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.83 |
Capri Holdings lagged returns against current returns
Autocorrelation, which is Capri Holdings 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 Capri Holdings' stock expected returns. We can calculate the autocorrelation of Capri Holdings returns to help us make a trade decision. For example, suppose you find that Capri Holdings 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 |
Capri Holdings 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 Capri Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capri Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capri Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Capri Holdings Lagged Returns
When evaluating Capri Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capri Holdings stock have on its future price. Capri Holdings 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, Capri Holdings autocorrelation shows the relationship between Capri Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Capri Holdings Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Capri Stock
Capri Holdings financial ratios help investors to determine whether Capri 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 Capri with respect to the benefits of owning Capri Holdings security.