Kelso Technologies Stock Market Value
| KLS Stock | CAD 0.18 0.01 5.88% |
| Symbol | Kelso |
Kelso Technologies Price To Book Ratio
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.
| 09/24/2023 |
| 07/15/2025 |
If you would invest 0.00 in Kelso Technologies on September 24, 2023 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 660 days. Kelso Technologies is related to or competes with Norfolk Southern, Canadian National, Firan Technology, DIRTT Environmental, Cipher Pharmaceuticals, and Baylin Technologies. 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 | 6.82 | |||
| Information Ratio | 0.0085 | |||
| Maximum Drawdown | 24.44 | |||
| 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 | 0.0898 | |||
| Jensen Alpha | 0.2189 | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | 0.0063 | |||
| Treynor Ratio | 0.9789 |
Kelso Technologies Backtested Returns
Kelso Technologies appears to be out of control, given 3 months investment horizon. Kelso Technologies has Sharpe Ratio of 0.0623, which conveys that the firm had a 0.0623 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kelso Technologies, which you can use to evaluate the volatility of the firm. Please exercise Kelso Technologies' Risk Adjusted Performance of 0.0898, mean deviation of 3.6, and Downside Deviation of 6.82 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kelso Technologies holds a performance score of 4. The company secures a Beta (Market Risk) of 0.3, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kelso Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kelso Technologies is expected to be smaller as well. Please check Kelso Technologies' sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Kelso Technologies' current price movements will revert.
Auto-correlation | 0.49 |
Average predictability
Kelso Technologies has average predictability. Overlapping area represents the amount of predictability between Kelso Technologies time series from 24th of September 2023 to 19th of August 2024 and 19th of August 2024 to 15th 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 0.49 indicates that about 49.0% of current Kelso Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.27 | |
| 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 |
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.