Kelso Technologies Stock Market Value
| KLS Stock | CAD 0.16 0.02 11.11% |
| Symbol | Kelso |
Kelso Technologies '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 Kelso Technologies' 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 Kelso Technologies.
| 06/08/2025 |
| 07/08/2025 |
If you would invest 0.00 in Kelso Technologies on June 8, 2025 and sell it all today you would earn a total of 0.00 from holding Kelso Technologies or generate 0.0% return on investment in Kelso Technologies over 30 days. Kelso Technologies is related to or competes with North American, Royal Bank, HOME DEPOT, Toronto Dominion, Doman Building, CI Financial, and Chemtrade Logistics. Kelso Technologies Inc., designs, engineers, produces, markets, and distributes various products for the rail sector in ... More
Kelso Technologies 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 Kelso Technologies' 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 Kelso Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.84 | |||
| Information Ratio | 0.0047 | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 6.67 |
Kelso Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kelso Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kelso Technologies' standard deviation. In reality, there are many statistical measures that can use Kelso Technologies historical prices to predict the future Kelso Technologies' volatility.| Risk Adjusted Performance | 0.0465 | |||
| Jensen Alpha | 0.1146 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0034 | |||
| Treynor Ratio | (3.09) |
Kelso Technologies Backtested Returns
As of now, Kelso Stock is out of control. Kelso Technologies has Sharpe Ratio of 0.0246, which conveys that the firm had a 0.0246 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Kelso Technologies, which you can use to evaluate the volatility of the firm. Please verify Kelso Technologies' Risk Adjusted Performance of 0.0465, downside deviation of 6.84, and Mean Deviation of 3.34 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. Kelso Technologies has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0361, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kelso Technologies are expected to decrease at a much lower rate. During the bear market, Kelso Technologies is likely to outperform the market. Kelso Technologies right now secures a risk of 5.06%. Please verify Kelso Technologies sortino ratio and the relationship between the potential upside and day median price , to decide if Kelso Technologies will be following its current price movements.
Auto-correlation | -0.22 |
Weak reverse predictability
Kelso Technologies has weak reverse predictability. Overlapping area represents the amount of predictability between Kelso Technologies time series from 8th of June 2025 to 23rd of June 2025 and 23rd of June 2025 to 8th of July 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 Kelso Technologies price movement. The serial correlation of -0.22 indicates that over 22.0% of current Kelso Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kelso Technologies lagged returns against current returns
Autocorrelation, which is Kelso Technologies 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 Kelso Technologies' stock expected returns. We can calculate the autocorrelation of Kelso Technologies returns to help us make a trade decision. For example, suppose you find that Kelso Technologies 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 |
Kelso Technologies 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 Kelso Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kelso Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kelso Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Kelso Technologies Lagged Returns
When evaluating Kelso Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kelso Technologies stock have on its future price. Kelso Technologies 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, Kelso Technologies autocorrelation shows the relationship between Kelso Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Kelso Technologies.
Regressed Prices |
| Timeline |
Pair Trading with Kelso Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kelso Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kelso Technologies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Kelso Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kelso Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kelso Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kelso Technologies to buy it.
The correlation of Kelso Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kelso Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kelso Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kelso Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Kelso Stock
Kelso Technologies financial ratios help investors to determine whether Kelso 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 Kelso with respect to the benefits of owning Kelso Technologies security.