Kimball Stock Market Value

KE
 Stock
  

USD 24.20  0.09  0.37%   

Kimball Electronics' market value is the price at which a share of Kimball Electronics stock trades on a public exchange. It measures the collective expectations of Kimball Electronics investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Kimball Electronics and determine expected loss or profit from investing in Kimball Electronics over a given investment horizon. Please see Kimball Electronics Correlation, Kimball Electronics Volatility and Kimball Electronics Alpha and Beta module to complement your research on Kimball Electronics.
Symbol


Is Kimball Electronics' 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 Kimball Electronics. If investors know Kimball 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 Kimball Electronics 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 YOY
2.8
Market Capitalization
595.8 M
Quarterly Revenue Growth YOY
0.387
Return On Assets
0.043
Return On Equity
0.0853
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' 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 Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' 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 Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine Kimball Electronics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' 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.

Kimball Electronics '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 Kimball Electronics' 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 Kimball Electronics.
0.00
09/11/2022
No Change 0.00  0.0 
In 2 months and 31 days
12/10/2022
0.00
If you would invest  0.00  in Kimball Electronics on September 11, 2022 and sell it all today you would earn a total of 0.00 from holding Kimball Electronics or generate 0.0% return on investment in Kimball Electronics over 90 days. Kimball Electronics is related to or competes with Coca Cola, Stemtech, Ennis, and Merck. Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to... More

Kimball Electronics 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 Kimball Electronics' 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 Kimball Electronics upside and downside potential and time the market with a certain degree of confidence.

Kimball Electronics Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Kimball Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kimball Electronics' standard deviation. In reality, there are many statistical measures that can use Kimball Electronics historical prices to predict the future Kimball Electronics' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Kimball Electronics' 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. Please use the tools below to analyze the current value of Kimball Electronics in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
21.9624.1226.28
Details
Intrinsic
Valuation
LowReal ValueHigh
24.0726.2328.39
Details
Naive
Forecast
LowNext ValueHigh
22.5124.6626.82
Details
1 Analysts
Consensus
LowTarget PriceHigh
26.0026.0026.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kimball Electronics. Your research has to be compared to or analyzed against Kimball Electronics' peers to derive any actionable benefits. When done correctly, Kimball Electronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Kimball Electronics.

Kimball Electronics Backtested Returns

Kimball Electronics appears to be very steady, given 3 months investment horizon. Kimball Electronics has Sharpe Ratio of 0.13, which conveys that the firm had 0.13% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Kimball Electronics, which you can use to evaluate the future volatility of the firm. Please exercise Kimball Electronics' Risk Adjusted Performance of 0.2016, downside deviation of 1.87, and Mean Deviation of 1.77 to check out if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Kimball Electronics holds a performance score of 9. The company secures a Beta (Market Risk) of 1.1568, which conveys a somewhat significant risk relative to the market. Let's try to break down what Kimball's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kimball Electronics will likely underperform. Although it is vital to follow Kimball Electronics price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Kimball Electronics technical indicators, you can presently evaluate if the expected return of 0.28% will be sustainable into the future. Please exercises Kimball Electronics sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change to make a quick decision on whether Kimball Electronics current price movements will revert.

Auto-correlation

    
  -0.46  

Modest reverse predictability

Kimball Electronics has modest reverse predictability. Overlapping area represents the amount of predictability between Kimball Electronics time series from 11th of September 2022 to 26th of October 2022 and 26th of October 2022 to 10th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kimball Electronics price movement. The serial correlation of -0.46 indicates that about 46.0% of current Kimball Electronics price fluctuation can be explain by its past prices.
Correlation Coefficient-0.46
Spearman Rank Test-0.1
Residual Average0.0
Price Variance1.39

Kimball Electronics lagged returns against current returns

Autocorrelation, which is Kimball Electronics 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 Kimball Electronics' stock expected returns. We can calculate the autocorrelation of Kimball Electronics returns to help us make a trade decision. For example, suppose you find that Kimball Electronics stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

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

Kimball Electronics Lagged Returns

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

Kimball Electronics Investors Sentiment

The influence of Kimball Electronics' 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 Kimball. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Kimball Electronics' public news can be used to forecast risks associated with investment in Kimball. The trend in average sentiment can be used to explain how an investor holding Kimball can time the market purely based on public headlines and social activities around Kimball Electronics. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Kimball Electronics' 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 Kimball Electronics' 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 Kimball Electronics' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Kimball Electronics.
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 Kimball Electronics 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, Kimball Electronics' short interest history, or implied volatility extrapolated from Kimball Electronics options trading.

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Please see Kimball Electronics Correlation, Kimball Electronics Volatility and Kimball Electronics Alpha and Beta module to complement your research on Kimball Electronics. Note that the Kimball Electronics information on this page should be used as a complementary analysis to other Kimball Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for Kimball Stock analysis

When running Kimball Electronics price analysis, check to measure Kimball Electronics' 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 Kimball Electronics is operating at the current time. Most of Kimball Electronics' value examination focuses on studying past and present price action to predict the probability of Kimball Electronics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kimball Electronics' price. Additionally, you may evaluate how the addition of Kimball Electronics to your portfolios can decrease your overall portfolio volatility.
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Kimball Electronics 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.
A focus of Kimball Electronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kimball Electronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...