Kits Eyecare Stock Market Value
| KTYCF Stock | USD 11.85 0.13 1.09% |
| Symbol | Kits |
Kits Eyecare '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 Kits Eyecare'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 Kits Eyecare.
| 05/13/2025 |
| 08/11/2025 |
If you would invest 0.00 in Kits Eyecare on May 13, 2025 and sell it all today you would earn a total of 0.00 from holding Kits Eyecare or generate 0.0% return on investment in Kits Eyecare over 90 days. Kits Eyecare is related to or competes with Blue Lagoon, and Leslies. Kits Eyecare Ltd. operates a digital eyecare platform for eyes in the United States and Canada More
Kits Eyecare 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 Kits Eyecare'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 Kits Eyecare upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.48 | |||
| Information Ratio | 0.1596 | |||
| Maximum Drawdown | 14.66 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 6.68 |
Kits Eyecare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kits Eyecare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kits Eyecare's standard deviation. In reality, there are many statistical measures that can use Kits Eyecare historical prices to predict the future Kits Eyecare's volatility.| Risk Adjusted Performance | 0.1652 | |||
| Jensen Alpha | 0.4954 | |||
| Total Risk Alpha | 0.1561 | |||
| Sortino Ratio | 0.183 | |||
| Treynor Ratio | 0.8961 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kits Eyecare'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.
Kits Eyecare Backtested Returns
Kits Eyecare appears to be somewhat reliable, given 3 months investment horizon. Kits Eyecare has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2 % return per unit of risk over the last 3 months. By analyzing Kits Eyecare's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please exercise Kits Eyecare's Mean Deviation of 1.99, risk adjusted performance of 0.1652, and Downside Deviation of 2.48 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kits Eyecare holds a performance score of 15. The company secures a Beta (Market Risk) of 0.63, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kits Eyecare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kits Eyecare is expected to be smaller as well. Please check Kits Eyecare's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Kits Eyecare's current price movements will revert.
Auto-correlation | 0.58 |
Modest predictability
Kits Eyecare has modest predictability. Overlapping area represents the amount of predictability between Kits Eyecare time series from 13th of May 2025 to 27th of June 2025 and 27th of June 2025 to 11th of August 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 Kits Eyecare price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Kits Eyecare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Kits Eyecare lagged returns against current returns
Autocorrelation, which is Kits Eyecare 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 Kits Eyecare's pink sheet expected returns. We can calculate the autocorrelation of Kits Eyecare returns to help us make a trade decision. For example, suppose you find that Kits Eyecare 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 |
Kits Eyecare 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 Kits Eyecare pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kits Eyecare pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kits Eyecare pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kits Eyecare Lagged Returns
When evaluating Kits Eyecare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kits Eyecare pink sheet have on its future price. Kits Eyecare 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, Kits Eyecare autocorrelation shows the relationship between Kits Eyecare pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kits Eyecare.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kits Pink Sheet
Kits Eyecare financial ratios help investors to determine whether Kits Pink Sheet 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 Kits with respect to the benefits of owning Kits Eyecare security.