Kadant Inc Stock Market Value
| KAI Stock | USD 350.80 6.13 1.72% |
| Symbol | Kadant |
Kadant Inc Price To Book Ratio
Is Industrial Machinery & Supplies & Components space 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 Kadant. If investors know Kadant 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 Kadant 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 0.019 | Dividend Share 1.25 | Earnings Share 9.79 | Revenue Per Share 88.153 | Quarterly Revenue Growth 0.112 |
The market value of Kadant Inc is measured differently than its book value, which is the value of Kadant that is recorded on the company's balance sheet. Investors also form their own opinion of Kadant's value that differs from its market value or its book value, called intrinsic value, which is Kadant'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 Kadant's market value can be influenced by many factors that don't directly affect Kadant'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 Kadant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kadant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kadant'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.
Kadant '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 Kadant'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 Kadant.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in Kadant on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding Kadant Inc or generate 0.0% return on investment in Kadant over 30 days. Kadant is related to or competes with Luxfer Holdings, Graham, Enerpac Tool, Omega Flex, Middleby Corp, Enpro Industries, and ITT. Kadant Inc. supplies technologies and engineered systems worldwide More
Kadant 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 Kadant'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 Kadant Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.0343 | |||
| Maximum Drawdown | 11.67 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 3.28 |
Kadant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kadant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kadant's standard deviation. In reality, there are many statistical measures that can use Kadant historical prices to predict the future Kadant's volatility.| Risk Adjusted Performance | 0.0463 | |||
| Jensen Alpha | 0.0791 | |||
| Total Risk Alpha | 0.0349 | |||
| Sortino Ratio | 0.0407 | |||
| Treynor Ratio | 0.1831 |
Kadant Inc Backtested Returns
Kadant is very steady at the moment. Kadant Inc has Sharpe Ratio of 0.0398, which conveys that the firm had a 0.0398% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kadant, which you can use to evaluate the volatility of the firm. Please verify Kadant's Downside Deviation of 1.67, risk adjusted performance of 0.0463, and Mean Deviation of 1.43 to check out if the risk estimate we provide is consistent with the expected return of 0.0806%. Kadant has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kadant's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kadant is expected to be smaller as well. Kadant Inc right now secures a risk of 2.02%. Please verify Kadant Inc maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Kadant Inc will be following its current price movements.
Auto-correlation | 0.21 |
Weak predictability
Kadant Inc has weak predictability. Overlapping area represents the amount of predictability between Kadant time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th of December 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 Kadant Inc price movement. The serial correlation of 0.21 indicates that over 21.0% of current Kadant price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 38.69 |
Kadant Inc lagged returns against current returns
Autocorrelation, which is Kadant 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 Kadant's stock expected returns. We can calculate the autocorrelation of Kadant returns to help us make a trade decision. For example, suppose you find that Kadant 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 |
Kadant 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 Kadant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kadant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kadant stock over time.
Current vs Lagged Prices |
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Kadant Lagged Returns
When evaluating Kadant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kadant stock have on its future price. Kadant 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, Kadant autocorrelation shows the relationship between Kadant stock current value and its past values and can show if there is a momentum factor associated with investing in Kadant Inc.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Kadant Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kadant's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kadant Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kadant Inc Stock:Check out Kadant Correlation, Kadant Volatility and Kadant Alpha and Beta module to complement your research on Kadant. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Kadant 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.