Kellanova Stock Price on May 2, 2024
K Stock | USD 81.02 0.24 0.30% |
Below is the normalized historical share price chart for Kellanova extending back to February 21, 1973. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Kellanova stands at 81.02, as last reported on the 22nd of November, with the highest price reaching 81.08 and the lowest price hitting 80.69 during the day.
If you're considering investing in Kellanova Stock, it is important to understand the factors that can impact its price. As of now, Kellanova Stock is very steady. Kellanova has Sharpe Ratio of 0.0919, which conveys that the firm had a 0.0919% return per unit of risk over the last 3 months. We have found thirty technical indicators for Kellanova, which you can use to evaluate the volatility of the firm. Please verify Kellanova's Mean Deviation of 0.14, downside deviation of 0.1915, and Risk Adjusted Performance of 0.0459 to check out if the risk estimate we provide is consistent with the expected return of 0.0178%.
The value of Total Stockholder Equity is estimated to slide to about 2.1 B. The value of Common Stock Shares Outstanding is expected to slide to about 325 M. At this time, Kellanova's Price Fair Value is quite stable compared to the past year. Kellanova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of December 1984 | 200 Day MA 66.2012 | 50 Day MA 80.7468 | Beta 0.395 |
Kellanova |
Sharpe Ratio = 0.0919
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Estimated Market Risk
0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Kellanova is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kellanova by adding it to a well-diversified portfolio.
Price Book 7.6287 | Enterprise Value Ebitda 17.0833 | Price Sales 2.182 | Shares Float 340 M | Dividend Share 2.25 |
Related Headline
ConAgra Foods Headline on 2nd of May 2024
Disposition of 4180 shares by Carey Bartell of ConAgra Foods... by Carey Bartell
Filed transaction by ConAgra Foods Officer: Evp, Gc And Corp. Secretary. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Kellanova Valuation on May 2, 2024
It is possible to determine the worth of Kellanova on a given historical date. On May 2, 2024 Kellanova was worth 58.04 at the beginning of the trading date compared to the closed value of 60.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kellanova stock. Still, in general, we apply an absolute valuation method to find Kellanova's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Kellanova where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kellanova's related companies.
Open | High | Low | Close | Volume | |
56.56 | 56.67 | 55.71 | 56.05 | 5,814,200 | |
05/02/2024 | 58.04 | 62.20 | 58.04 | 60.28 | 10,882,600 |
60.00 | 60.14 | 58.60 | 59.52 | 4,363,700 |
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Kellanova Trading Date Momentum on May 2, 2024
On May 03 2024 Kellanova was traded for 59.52 at the closing time. The highest price during the trading period was 60.14 and the lowest recorded bid was listed for 58.60 . The volume for the day was 4.4 M. This history from May 3, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.26% . The trading delta at closing time to the current price is 1.18% . |
Kellanova Fundamentals Correlations and Trends
By evaluating Kellanova's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kellanova's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kellanova financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kellanova Stock history
Kellanova investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Kellanova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kellanova will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Kellanova stock prices may prove useful in developing a viable investing in Kellanova
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 345 M | 325 M | |
Net Income Applicable To Common Shares | 1.1 B | 1.1 B |
Kellanova Stock Technical Analysis
Kellanova 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.
Price Boundaries
Kellanova Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Kellanova cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Kellanova November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Kellanova stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kellanova shares will generate the highest return on investment. By undertsting and applying Kellanova stock market strength indicators, traders can identify Kellanova entry and exit signals to maximize returns
Kellanova Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kellanova's price direction in advance. Along with the technical and fundamental analysis of Kellanova Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kellanova to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0459 | |||
Jensen Alpha | 0.0026 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.47) | |||
Treynor Ratio | 0.1408 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kellanova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Packaged Foods & Meats 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 Kellanova. If investors know Kellanova 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 Kellanova 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 0.348 | Dividend Share 2.25 | Earnings Share 2.99 | Revenue Per Share 37.415 | Quarterly Revenue Growth (0.01) |
The market value of Kellanova is measured differently than its book value, which is the value of Kellanova that is recorded on the company's balance sheet. Investors also form their own opinion of Kellanova's value that differs from its market value or its book value, called intrinsic value, which is Kellanova'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 Kellanova's market value can be influenced by many factors that don't directly affect Kellanova'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 Kellanova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kellanova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kellanova'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.