KENNAMETAL INC Financials
| KM3 Stock | EUR 27.60 0.20 0.73% |
KENNAMETAL |
Understanding current and past KENNAMETAL INC Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of KENNAMETAL INC's financial statements are interrelated, with each one affecting the others. For example, an increase in KENNAMETAL INC's assets may result in an increase in income on the income statement.
Please note, the presentation of KENNAMETAL INC's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, KENNAMETAL INC's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of KENNAMETAL INC's management manipulating its earnings.
You should never invest in KENNAMETAL INC without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of KENNAMETAL Stock, because this is throwing your money away. Analyzing the key information contained in KENNAMETAL INC's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
KENNAMETAL INC Key Financial Ratios
There are many critical financial ratios that KENNAMETAL INC's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that KENNAMETAL INC reports annually and quarterly.KENNAMETAL Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining KENNAMETAL INC's current stock value. Our valuation model uses many indicators to compare KENNAMETAL INC value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across KENNAMETAL INC competition to find correlations between indicators driving KENNAMETAL INC's intrinsic value. More Info.KENNAMETAL INC is rated below average in current valuation category among its peers. It also is rated below average in price to book category among its peers . The ratio of Current Valuation to Price To Book for KENNAMETAL INC is about 1,485,614,614 . 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 KENNAMETAL INC's earnings, one of the primary drivers of an investment's value.KENNAMETAL INC Systematic Risk
KENNAMETAL INC's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. KENNAMETAL INC volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on KENNAMETAL INC correlated with the market. If Beta is less than 0 KENNAMETAL INC generally moves in the opposite direction as compared to the market. If KENNAMETAL INC Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one KENNAMETAL INC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of KENNAMETAL INC is generally in the same direction as the market. If Beta > 1 KENNAMETAL INC moves generally in the same direction as, but more than the movement of the benchmark.
KENNAMETAL INC Thematic Clasifications
KENNAMETAL INC is part of several thematic ideas from Copper to Heavy Metals. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasKENNAMETAL INC November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of KENNAMETAL INC help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of KENNAMETAL INC. We use our internally-developed statistical techniques to arrive at the intrinsic value of KENNAMETAL INC based on widely used predictive technical indicators. In general, we focus on analyzing KENNAMETAL Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build KENNAMETAL INC's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.083 | |||
| Maximum Drawdown | 23.34 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.7 |
Complementary Tools for KENNAMETAL Stock analysis
When running KENNAMETAL INC's price analysis, check to measure KENNAMETAL INC'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 KENNAMETAL INC is operating at the current time. Most of KENNAMETAL INC's value examination focuses on studying past and present price action to predict the probability of KENNAMETAL INC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KENNAMETAL INC's price. Additionally, you may evaluate how the addition of KENNAMETAL INC to your portfolios can decrease your overall portfolio volatility.
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