Klepierre (France) Market Value
| LI Stock | EUR 25.84 0.04 0.16% |
| Symbol | Klepierre |
Klepierre '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 Klepierre's 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 Klepierre.
| 05/07/2024 |
| 07/06/2024 |
If you would invest 0.00 in Klepierre on May 7, 2024 and sell it all today you would earn a total of 0.00 from holding Klepierre SA or generate 0.0% return on investment in Klepierre over 60 days. Klepierre is related to or competes with Gecina SA, Icade SA, Mercialys, Covivio SA, and Nexity. Klpierre, the European leader in shopping malls, combines development, property and asset management skills More
Klepierre 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 Klepierre's 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 Klepierre SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.18 | |||
| Information Ratio | 0.1657 | |||
| Maximum Drawdown | 5.5 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.42 |
Klepierre Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Klepierre's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Klepierre's standard deviation. In reality, there are many statistical measures that can use Klepierre historical prices to predict the future Klepierre's volatility.| Risk Adjusted Performance | 0.1031 | |||
| Jensen Alpha | 0.1456 | |||
| Total Risk Alpha | 0.1769 | |||
| Sortino Ratio | 0.1411 | |||
| Treynor Ratio | (1.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Klepierre's 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.
Klepierre SA Backtested Returns
At this point, Klepierre is very steady. Klepierre SA has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Klepierre, which you can use to evaluate the volatility of the firm. Please verify Klepierre's Mean Deviation of 0.7813, risk adjusted performance of 0.1031, and Downside Deviation of 1.18 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Klepierre has a performance score of 11 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Klepierre are expected to decrease at a much lower rate. During the bear market, Klepierre is likely to outperform the market. Klepierre SA right now secures a risk of 1.01%. Please verify Klepierre SA downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to decide if Klepierre SA will be following its current price movements.
Auto-correlation | -0.34 |
Poor reverse predictability
Klepierre SA has poor reverse predictability. Overlapping area represents the amount of predictability between Klepierre time series from 7th of May 2024 to 6th of June 2024 and 6th of June 2024 to 6th of July 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 Klepierre SA price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Klepierre price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Klepierre SA lagged returns against current returns
Autocorrelation, which is Klepierre 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 Klepierre's stock expected returns. We can calculate the autocorrelation of Klepierre returns to help us make a trade decision. For example, suppose you find that Klepierre 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 |
Klepierre 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 Klepierre stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Klepierre stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Klepierre stock over time.
Current vs Lagged Prices |
| Timeline |
Klepierre Lagged Returns
When evaluating Klepierre's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Klepierre stock have on its future price. Klepierre 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, Klepierre autocorrelation shows the relationship between Klepierre stock current value and its past values and can show if there is a momentum factor associated with investing in Klepierre SA.
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 Klepierre Stock
Klepierre financial ratios help investors to determine whether Klepierre 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 Klepierre with respect to the benefits of owning Klepierre security.