Kineta Inc Stock Alpha and Beta Analysis
| KA Stock | 0.48 0.04 7.69% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Kineta Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Kineta over a specified time horizon. Remember, high Kineta's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Kineta's market risk premium analysis include:
Beta (0.08) | Alpha (0.24) | Risk 8.45 | Sharpe Ratio (0.02) | Expected Return (0.13) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Kineta |
Kineta Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Kineta market risk premium is the additional return an investor will receive from holding Kineta long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Kineta. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Kineta's performance over market.| α | -0.24 | β | -0.08 |
Kineta Fundamentals Vs Peers
Comparing Kineta'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 Kineta's direct or indirect competition across all of the common fundamentals between Kineta and the related equities. This way, we can detect undervalued stocks with similar characteristics as Kineta or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Kineta's fundamental indicators could also be used in its relative valuation, which is a method of valuing Kineta by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Kineta to competition |
| Fundamentals | Kineta | Peer Average |
| Return On Equity | -3.69 | -0.31 |
| Return On Asset | -1.14 | -0.14 |
| Current Valuation | 5.7 M | 16.62 B |
| Shares Outstanding | 12.26 M | 571.82 M |
| Shares Owned By Insiders | 34.89 % | 10.09 % |
| Shares Owned By Institutions | 6.00 % | 39.21 % |
| Number Of Shares Shorted | 28.54 K | 4.71 M |
Kineta Opportunities
Kineta Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Arkowitz David of 12500 shares of Kineta at 0.611 subject to Rule 16b-3 | 09/04/2024 |
2 | Kineta transitions from Nasdaq to OTC markets - TipRanks | 09/19/2024 |
3 | Acquisition by Coles N Anthony of 78650 shares of Kineta at 19.64 subject to Rule 16b-3 | 10/14/2024 |
4 | ARMISTICE CAPITAL, LLC Acquires New Stake in Kineta Inc - GuruFocus.com | 11/15/2024 |
About Kineta Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Kineta or other stocks. Alpha measures the amount that position in Kineta Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Graham Number | 2.74 | 2.6 | Receivables Turnover | 11.3 | 6.9 |
Kineta Upcoming Company Events
As portrayed in its financial statements, the presentation of Kineta's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kineta's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Kineta's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Kineta. Please utilize our Beneish M Score to check the likelihood of Kineta's management manipulating its earnings.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Kineta
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Kineta technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.