Krones Ag Stock Market Value
| KRNNF Stock | USD 123.00 0.00 0.00% |
| Symbol | Krones |
Krones AG '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 Krones AG's 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 Krones AG.
| 10/11/2022 |
| 05/03/2024 |
If you would invest 0.00 in Krones AG on October 11, 2022 and sell it all today you would earn a total of 0.00 from holding Krones AG or generate 0.0% return on investment in Krones AG over 570 days. Krones AG is related to or competes with GE Aerospace, Eaton PLC, Illinois Tool, Parker Hannifin, and Emerson Electric. Krones AG, together with its subsidiaries, plans, develops, and manufactures machines and lines for the production, fill... More
Krones AG 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 Krones AG's 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 Krones AG upside and downside potential and time the market with a certain degree of confidence.
Krones AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Krones AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Krones AG's standard deviation. In reality, there are many statistical measures that can use Krones AG historical prices to predict the future Krones AG's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Krones AG'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.
Krones AG Backtested Returns
We have found three technical indicators for Krones AG, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Krones AG are completely uncorrelated.
Auto-correlation | Huge |
Perfect predictability
Krones AG has perfect predictability. Overlapping area represents the amount of predictability between Krones AG time series from 11th of October 2022 to 23rd of July 2023 and 23rd of July 2023 to 3rd of May 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 Krones AG price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current Krones AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Krones AG lagged returns against current returns
Autocorrelation, which is Krones AG 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 Krones AG's pink sheet expected returns. We can calculate the autocorrelation of Krones AG returns to help us make a trade decision. For example, suppose you find that Krones AG 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 |
Krones AG 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 Krones AG pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Krones AG pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Krones AG pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Krones AG Lagged Returns
When evaluating Krones AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Krones AG pink sheet have on its future price. Krones AG 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, Krones AG autocorrelation shows the relationship between Krones AG pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Krones AG.
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 Krones AG 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, Krones AG's short interest history, or implied volatility extrapolated from Krones AG options trading.
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Complementary Tools for Krones Pink Sheet analysis
When running Krones AG's price analysis, check to measure Krones AG's 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 Krones AG is operating at the current time. Most of Krones AG's value examination focuses on studying past and present price action to predict the probability of Krones AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Krones AG's price. Additionally, you may evaluate how the addition of Krones AG to your portfolios can decrease your overall portfolio volatility.
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Krones AG 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.