KENNAMETAL INC (Germany) Buy Hold or Sell Recommendation
| KM3 Stock | EUR 26.60 0.40 1.53% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding KENNAMETAL INC is 'Cautious Hold'. Macroaxis provides KENNAMETAL INC buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding KM3 positions.
Check out KENNAMETAL INC Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as KENNAMETAL and provide practical buy, sell, or hold advice based on investors' constraints. KENNAMETAL INC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
KENNAMETAL |
Execute KENNAMETAL INC Buy or Sell Advice
The KENNAMETAL recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on KENNAMETAL INC. Macroaxis does not own or have any residual interests in KENNAMETAL INC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute KENNAMETAL INC's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
KENNAMETAL INC thematic classifications
 | CopperCopper production | |
 | Heavy MetalsIndustrial metals and minerals |
KENNAMETAL INC Returns Distribution Density
The distribution of KENNAMETAL INC's historical returns is an attempt to chart the uncertainty of KENNAMETAL INC's future price movements. The chart of the probability distribution of KENNAMETAL INC daily returns describes the distribution of returns around its average expected value. We use KENNAMETAL INC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of KENNAMETAL INC returns is essential to provide solid investment advice for KENNAMETAL INC.
| Mean Return | 0.29 | Value At Risk | -1.75 | Potential Upside | 2.67 | Standard Deviation | 2.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of KENNAMETAL INC historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
KENNAMETAL INC Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to KENNAMETAL INC or Other sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that KENNAMETAL INC's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a KENNAMETAL stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 2.62 | |
Ir | Information ratio | 0.07 |
KENNAMETAL INC Volatility Alert
KENNAMETAL INC has relatively low volatility with skewness of 3.96 and kurtosis of 26.23. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure KENNAMETAL INC's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact KENNAMETAL INC's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.KENNAMETAL INC Fundamentals Vs Peers
Comparing KENNAMETAL INC's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze KENNAMETAL INC's direct or indirect competition across all of the common fundamentals between KENNAMETAL INC and the related equities. This way, we can detect undervalued stocks with similar characteristics as KENNAMETAL INC or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of KENNAMETAL INC's fundamental indicators could also be used in its relative valuation, which is a method of valuing KENNAMETAL INC by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare KENNAMETAL INC to competition |
| Fundamentals | KENNAMETAL INC | Peer Average |
| Current Valuation | 2.52 B | 16.62 B |
| Price To Book | 1.70 X | 9.51 X |
| Price To Sales | 1.04 X | 11.42 X |
| Revenue | 2.01 B | 9.43 B |
| EBITDA | 364.32 M | 3.9 B |
| Net Income | 144.62 M | 570.98 M |
| Total Debt | 594.36 M | 5.32 B |
| Cash Flow From Operations | 181.44 M | 971.22 M |
| Market Capitalization | 2.69 B | 19.03 B |
| Total Asset | 2.57 B | 29.47 B |
| Z Score | 2.4 | 8.72 |
| Annual Yield | 0.03 % | |
| Net Asset | 2.57 B | |
| Last Dividend Paid | 0.2 |
KENNAMETAL INC Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as KENNAMETAL . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 26.6 | |||
| Day Typical Price | 26.6 | |||
| Price Action Indicator | 0.2 | |||
| Period Momentum Indicator | 0.4 |
About KENNAMETAL INC Buy or Sell Advice
When is the right time to buy or sell KENNAMETAL INC? Buying financial instruments such as KENNAMETAL Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having KENNAMETAL INC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Management
Companies providing management services to businesses. The Management theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Management Theme or any other thematic opportunities.
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Other Information on Investing in KENNAMETAL Stock
KENNAMETAL INC financial ratios help investors to determine whether KENNAMETAL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KENNAMETAL with respect to the benefits of owning KENNAMETAL INC security.