KRAFT HEINZ FOODS Market Value
| 50077LAT3 | 99.54 0.12 0.12% |
| Symbol | KRAFT |
KRAFT '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 KRAFT'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 KRAFT.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in KRAFT on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding KRAFT HEINZ FOODS or generate 0.0% return on investment in KRAFT over 180 days. KRAFT is related to or competes with SunOpta, Proficient Auto, Summit Materials, FitLife Brands,, Sysco, WK Kellogg, and Vulcan Materials. More
KRAFT 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 KRAFT'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 KRAFT HEINZ FOODS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 8.8 | |||
| Value At Risk | (0.76) | |||
| Potential Upside | 0.9249 |
KRAFT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KRAFT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KRAFT's standard deviation. In reality, there are many statistical measures that can use KRAFT historical prices to predict the future KRAFT's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.32) |
KRAFT HEINZ FOODS Backtested Returns
KRAFT HEINZ FOODS retains Efficiency (Sharpe Ratio) of -0.11, which conveys that the entity had a -0.11 % return per unit of return volatility over the last 3 months. KRAFT exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KRAFT's Standard Deviation of 1.02, market risk adjusted performance of (0.31), and Mean Deviation of 0.4411 to check out the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.0493, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KRAFT's returns are expected to increase less than the market. However, during the bear market, the loss of holding KRAFT is expected to be smaller as well.
Auto-correlation | 0.24 |
Weak predictability
KRAFT HEINZ FOODS has weak predictability. Overlapping area represents the amount of predictability between KRAFT time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of KRAFT HEINZ FOODS price movement. The serial correlation of 0.24 indicates that over 24.0% of current KRAFT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
KRAFT HEINZ FOODS lagged returns against current returns
Autocorrelation, which is KRAFT 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 KRAFT's bond expected returns. We can calculate the autocorrelation of KRAFT returns to help us make a trade decision. For example, suppose you find that KRAFT 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 |
KRAFT 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 KRAFT bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KRAFT bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KRAFT bond over time.
Current vs Lagged Prices |
| Timeline |
KRAFT Lagged Returns
When evaluating KRAFT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KRAFT bond have on its future price. KRAFT 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, KRAFT autocorrelation shows the relationship between KRAFT bond current value and its past values and can show if there is a momentum factor associated with investing in KRAFT HEINZ FOODS.
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 KRAFT Bond
KRAFT financial ratios help investors to determine whether KRAFT 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 KRAFT with respect to the benefits of owning KRAFT security.