KONE Oyj (Finland) Market Value

KNEBV Stock  EUR 54.78  0.10  0.18%   
KONE Oyj's market value is the price at which a share of KONE Oyj trades on a public exchange. It measures the collective expectations of KONE Oyj investors about its performance. KONE Oyj is trading at 54.78 as of the 22nd of July 2025. This is a 0.18 percent up since the beginning of the trading day. The stock's open price was 54.68.
With this module, you can estimate the performance of a buy and hold strategy of KONE Oyj and determine expected loss or profit from investing in KONE Oyj over a given investment horizon. Check out KONE Oyj Correlation, KONE Oyj Volatility and KONE Oyj Alpha and Beta module to complement your research on KONE Oyj.
Symbol

Please note, there is a significant difference between KONE Oyj's value and its price as these two are different measures arrived at by different means. Investors typically determine if KONE Oyj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KONE Oyj's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

KONE Oyj '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 KONE Oyj'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 KONE Oyj.
0.00
04/23/2025
No Change 0.00  0.0 
In 2 months and 31 days
07/22/2025
0.00
If you would invest  0.00  in KONE Oyj on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding KONE Oyj or generate 0.0% return on investment in KONE Oyj over 90 days. KONE Oyj is related to or competes with Sampo Oyj, Fortum Oyj, UPM Kymmene, Neste Oil, and Nordea Bank. KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business More

KONE Oyj 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 KONE Oyj'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 KONE Oyj upside and downside potential and time the market with a certain degree of confidence.

KONE Oyj Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for KONE Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KONE Oyj's standard deviation. In reality, there are many statistical measures that can use KONE Oyj historical prices to predict the future KONE Oyj's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KONE Oyj'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.
Hype
Prediction
LowEstimatedHigh
53.3654.6856.00
Details
Intrinsic
Valuation
LowRealHigh
49.2158.0459.36
Details
Naive
Forecast
LowNextHigh
53.4054.7256.04
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
54.3855.4756.55
Details

KONE Oyj Backtested Returns

KONE Oyj is very steady at the moment. KONE Oyj has Sharpe Ratio of 0.0947, which conveys that the firm had a 0.0947 % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for KONE Oyj, which you can use to evaluate the volatility of the firm. Please verify KONE Oyj's risk adjusted performance of 0.1079, and Mean Deviation of 0.8584 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. KONE Oyj has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KONE Oyj are expected to decrease at a much lower rate. During the bear market, KONE Oyj is likely to outperform the market. KONE Oyj currently secures a risk of 1.31%. Please verify KONE Oyj maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to decide if KONE Oyj will be following its current price movements.

Auto-correlation

    
  -0.24  

Weak reverse predictability

KONE Oyj has weak reverse predictability. Overlapping area represents the amount of predictability between KONE Oyj time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 KONE Oyj price movement. The serial correlation of -0.24 indicates that over 24.0% of current KONE Oyj price fluctuation can be explain by its past prices.
Correlation Coefficient-0.24
Spearman Rank Test-0.14
Residual Average0.0
Price Variance0.29

KONE Oyj lagged returns against current returns

Autocorrelation, which is KONE Oyj 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 KONE Oyj's stock expected returns. We can calculate the autocorrelation of KONE Oyj returns to help us make a trade decision. For example, suppose you find that KONE Oyj 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  

KONE Oyj 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 KONE Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KONE Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KONE Oyj stock over time.
   Current vs Lagged Prices   
       Timeline  

KONE Oyj Lagged Returns

When evaluating KONE Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KONE Oyj stock have on its future price. KONE Oyj 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, KONE Oyj autocorrelation shows the relationship between KONE Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in KONE Oyj.
   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 KONE Stock

KONE Oyj financial ratios help investors to determine whether KONE 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 KONE with respect to the benefits of owning KONE Oyj security.