Kimball Stock Performance

KE
 Stock
  

USD 17.57  0.42  2.45%   

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.
  
Kimball Performance
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Over the last 90 days Kimball Electrnc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's technical and fundamental indicators remain rather sound which may send shares a bit higher in November 2022. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more

Kimball Price Channel

Quick Ratio0.86
Fifty Two Week Low16.66
Target High Price33.00
Fifty Two Week High30.61
Target Low Price25.00

Kimball Electrnc Relative Risk vs. Return Landscape

If you would invest  2,026  in Kimball Electrnc on July 5, 2022 and sell it today you would lose (311.00)  from holding Kimball Electrnc or give up 15.35% of portfolio value over 90 days. Kimball Electrnc is generating negative expected returns and assumes 2.4345% volatility on return distribution over the 90 days horizon. Put differently, 21% of stocks are less risky than Kimball on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Allowing for the 90-day total investment horizon Kimball Electrnc is expected to under-perform the market. In addition to that, the company is 2.11 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.07 per unit of volatility.

Kimball Electrnc Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Kimball Electrnc's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kimball Electrnc, and traders can use it to determine the average amount a Kimball Electrnc's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0947

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Negative ReturnsKE
Estimated Market Risk
 2.43
  actual daily
 
 21 %
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2121
Expected Return
 -0.23
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Based on monthly moving average Kimball Electrnc is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kimball Electrnc by adding it to a well-diversified portfolio.

About Kimball Electrnc Performance

To evaluate Kimball Electrnc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Kimball Electrnc generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Kimball Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Kimball Electrnc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Kimball's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets. Kimball Electronics, Inc. was founded in 1961 and is headquartered in Jasper, Indiana. Kimball Electrnc operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 6400 people.

Things to note about Kimball Electrnc

Checking the ongoing alerts about Kimball Electrnc for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kimball Electrnc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Kimball Electrnc Alerts

Equity Alerts and Improvement Suggestions

Kimball Electrnc generated a negative expected return over the last 90 days
Kimball Electrnc reports about 35.6 M in cash with (58.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.43.
Roughly 71.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Kimball Electrnc exotic insider transaction detected
Please see Correlation Analysis. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.