Kellanova Stock Market Value
K Stock | USD 57.29 0.64 1.13% |
Symbol | Kellanova |
Kellanova Price To Book Ratio
Is Kellanova's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kellanova. If investors know Kellanova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kellanova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 2.34 | Earnings Share 2.25 | Revenue Per Share 38.359 | Quarterly Revenue Growth (0.17) |
The market value of Kellanova is measured differently than its book value, which is the value of Kellanova that is recorded on the company's balance sheet. Investors also form their own opinion of Kellanova's value that differs from its market value or its book value, called intrinsic value, which is Kellanova's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kellanova's market value can be influenced by many factors that don't directly affect Kellanova's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kellanova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kellanova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kellanova'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.
Kellanova '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 Kellanova'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 Kellanova.
02/28/2024 |
| 03/29/2024 |
If you would invest 0.00 in Kellanova on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Kellanova or generate 0.0% return on investment in Kellanova over 30 days. Kellanova is related to or competes with Natural Alternatives, Natures Sunshine, Nocera, Borealis Foods, Central Garden, and Nuzee. Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods More
Kellanova 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 Kellanova'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 Kellanova upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.2 | |||
Information Ratio | (0.04) | |||
Maximum Drawdown | 5.95 | |||
Value At Risk | (1.96) | |||
Potential Upside | 2.26 |
Kellanova Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kellanova's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kellanova's standard deviation. In reality, there are many statistical measures that can use Kellanova historical prices to predict the future Kellanova's volatility.Risk Adjusted Performance | 0.0427 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.21) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.0931 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kellanova'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.
Kellanova Backtested Returns
Kellanova has Sharpe Ratio of -0.0049, which conveys that the firm had a -0.0049% return per unit of risk over the last 3 months. Kellanova exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kellanova's Downside Deviation of 1.2, mean deviation of 1.01, and Risk Adjusted Performance of 0.0427 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.79, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kellanova's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kellanova is expected to be smaller as well. Kellanova has an expected return of -0.006%. Please make sure to verify Kellanova semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Kellanova performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Kellanova has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Kellanova time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 Kellanova price movement. The serial correlation of -0.74 indicates that around 74.0% of current Kellanova price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.74 | |
Spearman Rank Test | -0.19 | |
Residual Average | 0.0 | |
Price Variance | 1.44 |
Kellanova lagged returns against current returns
Autocorrelation, which is Kellanova 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 Kellanova's stock expected returns. We can calculate the autocorrelation of Kellanova returns to help us make a trade decision. For example, suppose you find that Kellanova 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 |
Kellanova 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 Kellanova stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kellanova stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kellanova stock over time.
Current vs Lagged Prices |
Timeline |
Kellanova Lagged Returns
When evaluating Kellanova's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kellanova stock have on its future price. Kellanova 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, Kellanova autocorrelation shows the relationship between Kellanova stock current value and its past values and can show if there is a momentum factor associated with investing in Kellanova.
Regressed Prices |
Timeline |
Kellanova Investors Sentiment
The influence of Kellanova's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Kellanova. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Kellanova's public news can be used to forecast risks associated with an investment in Kellanova. The trend in average sentiment can be used to explain how an investor holding Kellanova can time the market purely based on public headlines and social activities around Kellanova. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Kellanova's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Kellanova's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Kellanova's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Kellanova.
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 Kellanova 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, Kellanova's short interest history, or implied volatility extrapolated from Kellanova options trading.
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Try AI Portfolio ArchitectCheck out Kellanova Correlation, Kellanova Volatility and Kellanova Alpha and Beta module to complement your research on Kellanova. For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Kellanova Stock analysis
When running Kellanova's price analysis, check to measure Kellanova'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 Kellanova is operating at the current time. Most of Kellanova's value examination focuses on studying past and present price action to predict the probability of Kellanova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kellanova's price. Additionally, you may evaluate how the addition of Kellanova to your portfolios can decrease your overall portfolio volatility.
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Kellanova technical stock 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, stock market cycles, or different charting patterns.