KIMBERLY CLARK P Market Value
| 494368BC6 | 122.41 6.25 5.38% |
| Symbol | KIMBERLY |
KIMBERLY '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 KIMBERLY'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 KIMBERLY.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in KIMBERLY on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding KIMBERLY CLARK P or generate 0.0% return on investment in KIMBERLY over 360 days. KIMBERLY is related to or competes with Aegon NV, Citizens, Sun Life, Grocery Outlet, Celsius Holdings, QBE Insurance, and Lifevantage. More
KIMBERLY 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 KIMBERLY'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 KIMBERLY CLARK P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9029 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.99 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 0.9446 |
KIMBERLY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KIMBERLY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KIMBERLY's standard deviation. In reality, there are many statistical measures that can use KIMBERLY historical prices to predict the future KIMBERLY's volatility.| Risk Adjusted Performance | 0.0573 | |||
| Jensen Alpha | 0.0748 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.75) |
KIMBERLY CLARK P Backtested Returns
At this point, KIMBERLY is very steady. KIMBERLY CLARK P has Sharpe Ratio of 0.0716, which conveys that the entity had a 0.0716% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for KIMBERLY, which you can use to evaluate the volatility of the bond. Please verify KIMBERLY's risk adjusted performance of 0.0573, and Mean Deviation of 0.5553 to check out if the risk estimate we provide is consistent with the expected return of 0.0739%. The bond secures a Beta (Market Risk) of -0.085, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KIMBERLY are expected to decrease at a much lower rate. During the bear market, KIMBERLY is likely to outperform the market.
Auto-correlation | -0.04 |
Very weak reverse predictability
KIMBERLY CLARK P has very weak reverse predictability. Overlapping area represents the amount of predictability between KIMBERLY 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 KIMBERLY CLARK P price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current KIMBERLY price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 4.99 |
KIMBERLY CLARK P lagged returns against current returns
Autocorrelation, which is KIMBERLY 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 KIMBERLY's bond expected returns. We can calculate the autocorrelation of KIMBERLY returns to help us make a trade decision. For example, suppose you find that KIMBERLY 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 |
KIMBERLY 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 KIMBERLY bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KIMBERLY bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KIMBERLY bond over time.
Current vs Lagged Prices |
| Timeline |
KIMBERLY Lagged Returns
When evaluating KIMBERLY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KIMBERLY bond have on its future price. KIMBERLY 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, KIMBERLY autocorrelation shows the relationship between KIMBERLY bond current value and its past values and can show if there is a momentum factor associated with investing in KIMBERLY CLARK P.
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 KIMBERLY Bond
KIMBERLY financial ratios help investors to determine whether KIMBERLY 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 KIMBERLY with respect to the benefits of owning KIMBERLY security.