Kimball Stock Market Value

KE
 Stock
  

USD 17.15  0.37  2.11%   

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


Is Kimball Electrnc'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 Kimball Electrnc. 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 Electrnc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Kimball Electrnc 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 Electrnc's value that differs from its market value or its book value, called intrinsic value, which is Kimball Electrnc'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 Kimball Electrnc's market value can be influenced by many factors that don't directly affect Kimball Electrnc'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 Kimball Electrnc's value and its price as these two are different measures arrived at by different means. Investors typically determine Kimball Electrnc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electrnc'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.

Kimball Electrnc '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 Electrnc'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 Kimball Electrnc.
0.00
08/07/2021
No Change 0.00  0.0 
In 1 year 1 month and 25 days
10/01/2022
0.00
If you would invest  0.00  in Kimball Electrnc on August 7, 2021 and sell it all today you would earn a total of 0.00 from holding Kimball Electrnc or generate 0.0% return on investment in Kimball Electrnc over 420 days. Kimball Electrnc is related to or competes with Amazon. Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to... More

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

Kimball Electrnc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Kimball Electrnc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kimball Electrnc's standard deviation. In reality, there are many statistical measures that can use Kimball Electrnc historical prices to predict the future Kimball Electrnc's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Kimball Electrnc'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. Please use the tools below to analyze the current value of Kimball Electrnc in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
14.5917.0419.49
Details
Intrinsic
Valuation
LowReal ValueHigh
15.4319.7622.21
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 Electrnc. Your research has to be compared to or analyzed against Kimball Electrnc's peers to derive any actionable benefits. When done correctly, Kimball Electrnc's 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 Electrnc.

Kimball Electrnc Backtested Returns

Kimball Electrnc has Sharpe Ratio of -0.0947, which conveys that the firm had -0.0947% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Kimball Electrnc exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Kimball Electrnc risk adjusted performance of (0.09), and Mean Deviation of 1.76 to check out the risk estimate we provide.
The company secures a Beta (Market Risk) of 1.2058, 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 Electrnc will likely underperform. Even though it is essential to pay attention to Kimball Electrnc price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Kimball Electrnc exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Kimball Electrnc has an expected return of -0.23%. Please be advised to verify Kimball Electrnc sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change to decide if Kimball Electrnc performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.36  

Poor reverse predictability

Kimball Electrnc has poor reverse predictability. Overlapping area represents the amount of predictability between Kimball Electrnc time series from 7th of August 2021 to 5th of March 2022 and 5th of March 2022 to 1st of October 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 Electrnc price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Kimball Electrnc price fluctuation can be explain by its past prices.
Correlation Coefficient-0.36
Spearman Rank Test-0.12
Residual Average0.0
Price Variance2.59

Kimball Electrnc lagged returns against current returns

Autocorrelation, which is Kimball Electrnc 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 Electrnc's stock expected returns. We can calculate the autocorrelation of Kimball Electrnc returns to help us make a trade decision. For example, suppose you find that Kimball Electrnc 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   
Share
       Timeline  

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

Kimball Electrnc Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Kimball Electrnc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Transaction History Now

   

Transaction History

View history of all your transactions and understand their impact on performance
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Kimball Electrnc using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Kimball Electrnc Correlation, Kimball Electrnc Volatility and Kimball Electrnc Alpha and Beta module to complement your research on Kimball Electrnc. Note that the Kimball Electrnc information on this page should be used as a complementary analysis to other Kimball Electrnc's 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Kimball Stock analysis

When running Kimball Electrnc price analysis, check to measure Kimball Electrnc'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 Kimball Electrnc is operating at the current time. Most of Kimball Electrnc's value examination focuses on studying past and present price action to predict the probability of Kimball Electrnc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kimball Electrnc's price. Additionally, you may evaluate how the addition of Kimball Electrnc to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Kimball Electrnc 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 Electrnc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kimball Electrnc 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...