Kenon Financial Statements From 2010 to 2026
| KEN Stock | USD 66.31 0.51 0.76% |
Check Kenon Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kenon Holdings' main balance sheet or income statement drivers, such as , as well as many indicators such as . Kenon financial statements analysis is a perfect complement when working with Kenon Holdings Valuation or Volatility modules.
Check out the analysis of Kenon Holdings Correlation against competitors. Kenon Holdings Company Return On Asset Analysis
Kenon Holdings' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Kenon Holdings Return On Asset | 0.007 |
Most of Kenon Holdings' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kenon Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Kenon Holdings has a Return On Asset of 0.007. This is 99.71% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The return on asset for all United States stocks is 105.0% lower than that of the firm.
Kenon Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kenon Holdings's current stock value. Our valuation model uses many indicators to compare Kenon Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kenon Holdings competition to find correlations between indicators driving Kenon Holdings's intrinsic value. More Info.Kenon Holdings is currently regarded as number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.03 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kenon Holdings is roughly 34.37 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kenon Holdings' earnings, one of the primary drivers of an investment's value.About Kenon Holdings Financial Statements
Kenon Holdings investors utilize fundamental indicators, such as revenue or net income, to predict how Kenon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. Kenon Holdings Ltd. is a subsidiary of Ansonia Holdings Singapore B.V. Kenon Holdings operates under UtilitiesIndependent Power Producers classification in the United States and is traded on New York Stock Exchange. It employs 228 people.
Pair Trading with Kenon Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kenon Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kenon Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Kenon Stock
| 0.84 | SOJE | Southern Company | PairCorr |
| 0.72 | TLN | Talen Energy | PairCorr |
| 0.7 | SOJC | Southern | PairCorr |
| 0.69 | CMSA | CMS Energy Corp | PairCorr |
| 0.68 | DTW | DTE Energy | PairCorr |
The ability to find closely correlated positions to Kenon Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kenon Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kenon Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kenon Holdings to buy it.
The correlation of Kenon Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kenon Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kenon Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kenon Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Kenon Holdings Correlation against competitors. To learn how to invest in Kenon Stock, please use our How to Invest in Kenon Holdings guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Stock 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 Kenon Holdings. If investors know Kenon 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 Kenon Holdings 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 Kenon Holdings is measured differently than its book value, which is the value of Kenon that is recorded on the company's balance sheet. Investors also form their own opinion of Kenon Holdings' value that differs from its market value or its book value, called intrinsic value, which is Kenon Holdings' 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 Kenon Holdings' market value can be influenced by many factors that don't directly affect Kenon Holdings' 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 Kenon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kenon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kenon Holdings' 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.