Kaiser Permanente Market Value
| 48305QAG8 | 65.87 3.95 5.66% |
| Symbol | Kaiser |
Kaiser '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 Kaiser's bond 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 Kaiser.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Kaiser on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Kaiser Permanente or generate 0.0% return on investment in Kaiser over 360 days. Kaiser is related to or competes with 00108WAF7, 90331HPL1, FactSet Research, Aurora Innovation, Sitio Royalties, Netflix, and 3D Systems. More
Kaiser 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 Kaiser's bond 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 Kaiser Permanente upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 21.03 | |||
| Value At Risk | (4.57) | |||
| Potential Upside | 4.85 |
Kaiser Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kaiser's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kaiser's standard deviation. In reality, there are many statistical measures that can use Kaiser historical prices to predict the future Kaiser's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.17) |
Kaiser Permanente Backtested Returns
Kaiser Permanente has Sharpe Ratio of -0.0893, which conveys that the entity had a -0.0893% return per unit of risk over the last 3 months. Kaiser exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kaiser's Mean Deviation of 1.65, standard deviation of 2.89, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of 0.73, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kaiser's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kaiser is expected to be smaller as well.
Auto-correlation | 0.16 |
Very weak predictability
Kaiser Permanente has very weak predictability. Overlapping area represents the amount of predictability between Kaiser time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Kaiser Permanente price movement. The serial correlation of 0.16 indicates that over 16.0% of current Kaiser price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 4.02 |
Kaiser Permanente lagged returns against current returns
Autocorrelation, which is Kaiser bond'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 Kaiser's bond expected returns. We can calculate the autocorrelation of Kaiser returns to help us make a trade decision. For example, suppose you find that Kaiser has exhibited high autocorrelation historically, and you observe that the bond 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 |
Kaiser 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 Kaiser bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kaiser bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kaiser bond over time.
Current vs Lagged Prices |
| Timeline |
Kaiser Lagged Returns
When evaluating Kaiser's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kaiser bond have on its future price. Kaiser 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, Kaiser autocorrelation shows the relationship between Kaiser bond current value and its past values and can show if there is a momentum factor associated with investing in Kaiser Permanente.
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.Other Information on Investing in Kaiser Bond
Kaiser financial ratios help investors to determine whether Kaiser Bond 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 Kaiser with respect to the benefits of owning Kaiser security.