Kayne Return On Equity from 2010 to 2024
| KYN Stock | USD 13.34 0.19 1.40% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.0728 | Current Value 0.0765 | Quarterly Volatility 0.34402441 |
Check Kayne Anderson financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kayne Anderson's main balance sheet or income statement drivers, such as Interest Expense of 17.2 M, Selling General Administrative of 3.4 M or Total Revenue of 148.7 M, as well as many indicators such as Price To Sales Ratio of 18.54, Dividend Yield of 0.1 or PTB Ratio of 0.96. Kayne financial statements analysis is a perfect complement when working with Kayne Anderson Valuation or Volatility modules.
Kayne | Return On Equity |
Latest Kayne Anderson's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Kayne Anderson MLP over the last few years. Return on Equity is the amount of Kayne Anderson MLP net income returned as a percentage of Kayne Anderson equity. Return on equity measures Kayne Anderson profitability by revealing how much profit Kayne Anderson MLP generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Kayne Anderson's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kayne Anderson's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.31 | 10 Years Trend |
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Return On Equity |
| Timeline |
Kayne Return On Equity Regression Statistics
| Arithmetic Mean | (0.03) | |
| Geometric Mean | 0.13 | |
| Coefficient Of Variation | (1,228) | |
| Mean Deviation | 0.23 | |
| Median | 0.08 | |
| Standard Deviation | 0.34 | |
| Sample Variance | 0.12 | |
| Range | 1.1972 | |
| R-Value | 0.05 | |
| Mean Square Error | 0.13 | |
| R-Squared | 0 | |
| Significance | 0.86 | |
| Slope | 0 | |
| Total Sum of Squares | 1.66 |
Kayne Return On Equity History
About Kayne Anderson Financial Statements
Kayne Anderson investors utilize fundamental indicators, such as Return On Equity, to predict how Kayne 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.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.07 | 0.08 |
Pair Trading with Kayne Anderson
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 Kayne Anderson 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 Kayne Anderson will appreciate offsetting losses from the drop in the long position's value.Moving together with Kayne Stock
Moving against Kayne Stock
The ability to find closely correlated positions to Kayne Anderson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kayne Anderson 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 Kayne Anderson - 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 Kayne Anderson MLP to buy it.
The correlation of Kayne Anderson 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 Kayne Anderson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kayne Anderson MLP 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 Kayne Anderson 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 Kayne Anderson Correlation against competitors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Oil & Gas Storage & Transportation 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 Kayne Anderson. If investors know Kayne 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 Kayne Anderson 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 0.26 | Dividend Share 0.9 | Earnings Share 3.01 | Revenue Per Share 0.533 | Quarterly Revenue Growth 0.017 |
The market value of Kayne Anderson MLP is measured differently than its book value, which is the value of Kayne that is recorded on the company's balance sheet. Investors also form their own opinion of Kayne Anderson's value that differs from its market value or its book value, called intrinsic value, which is Kayne Anderson'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 Kayne Anderson's market value can be influenced by many factors that don't directly affect Kayne Anderson'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 Kayne Anderson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kayne Anderson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kayne Anderson'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.