Kantone Holdings Limited Stock Market Value
| KTHGF Stock | USD 0.04 0.01 20.00% |
| Symbol | Kantone |
Kantone 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 Kantone Holdings' 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 Kantone Holdings.
| 03/29/2024 |
| 04/28/2024 |
If you would invest 0.00 in Kantone Holdings on March 29, 2024 and sell it all today you would earn a total of 0.00 from holding Kantone Holdings Limited or generate 0.0% return on investment in Kantone Holdings over 30 days. Kantone Holdings is related to or competes with Fidelity National, Jack Henry, Cognizant Technology, CDW Corp, and Gartner. Kantone Holdings Limited, an investment holding company, engages in the sale and leasing of systems products, and softwa... More
Kantone 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 Kantone Holdings' 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 Kantone Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 20.0 |
Kantone Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kantone Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kantone Holdings' standard deviation. In reality, there are many statistical measures that can use Kantone Holdings historical prices to predict the future Kantone Holdings' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | 0.2663 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kantone Holdings' 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.
Kantone Holdings Backtested Returns
Kantone Holdings has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Kantone Holdings exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kantone Holdings' Mean Deviation of 0.6152, standard deviation of 2.5, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.21, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Kantone Holdings are expected to decrease by larger amounts. On the other hand, during market turmoil, Kantone Holdings is expected to outperform it. Kantone Holdings has an expected return of -0.31%. Please make sure to verify Kantone Holdings Limited skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Kantone Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Kantone Holdings Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Kantone Holdings time series from 29th of March 2024 to 13th of April 2024 and 13th of April 2024 to 28th of April 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 Kantone Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Kantone Holdings 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 |
Kantone Holdings lagged returns against current returns
Autocorrelation, which is Kantone Holdings 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 Kantone Holdings' pink sheet expected returns. We can calculate the autocorrelation of Kantone Holdings returns to help us make a trade decision. For example, suppose you find that Kantone Holdings 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 |
Kantone 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 Kantone Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kantone Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kantone Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kantone Holdings Lagged Returns
When evaluating Kantone Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kantone Holdings pink sheet have on its future price. Kantone 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, Kantone Holdings autocorrelation shows the relationship between Kantone Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kantone Holdings Limited.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kantone Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kantone Holdings' short interest history, or implied volatility extrapolated from Kantone Holdings options trading.
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Try AI Portfolio ArchitectCheck out Kantone Holdings Correlation, Kantone Holdings Volatility and Kantone Holdings Alpha and Beta module to complement your research on Kantone Holdings. Note that the Kantone Holdings information on this page should be used as a complementary analysis to other Kantone Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Kantone Pink Sheet analysis
When running Kantone Holdings' price analysis, check to measure Kantone Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kantone Holdings is operating at the current time. Most of Kantone Holdings' value examination focuses on studying past and present price action to predict the probability of Kantone Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kantone Holdings' price. Additionally, you may evaluate how the addition of Kantone Holdings to your portfolios can decrease your overall portfolio volatility.
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Kantone Holdings technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.