Kayne Anderson Mlp Stock Price on October 28, 2024
| KYN Stock | USD 13.51 0.23 1.73% |
If you're considering investing in Kayne Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kayne Anderson stands at 13.51, as last reported on the 30th of November, with the highest price reaching 13.51 and the lowest price hitting 13.22 during the day. Kayne Anderson appears to be very steady, given 3 months investment horizon. Kayne Anderson MLP has Sharpe Ratio of 0.37, which conveys that the firm had a 0.37% return per unit of risk over the last 3 months. We have found thirty technical indicators for Kayne Anderson, which you can use to evaluate the volatility of the firm. Please exercise Kayne Anderson's Risk Adjusted Performance of 0.2892, mean deviation of 0.9047, and Downside Deviation of 1.02 to check out if our risk estimates are consistent with your expectations.
Kayne Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kayne |
Sharpe Ratio = 0.3741
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Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.37 actual daily | 29 71% of assets perform better |
Based on monthly moving average Kayne Anderson is performing at about 29% 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 Kayne Anderson by adding it to a well-diversified portfolio.
Kayne Anderson Valuation on October 28, 2024
It is possible to determine the worth of Kayne Anderson on a given historical date. On October 28, 2024 Kayne was worth 11.55 at the beginning of the trading date compared to the closed value of 11.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kayne Anderson stock. Still, in general, we apply an absolute valuation method to find Kayne Anderson'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 Kayne Anderson where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kayne Anderson's related companies.
| Open | High | Low | Close | Volume | |
| 11.73 | 11.76 | 11.56 | 11.66 | 196,800 | |
10/28/2024 | 11.55 | 11.63 | 11.54 | 11.61 | 155,400 |
| 11.62 | 11.62 | 11.39 | 11.43 | 308,100 |
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Kayne Anderson Trading Date Momentum on October 28, 2024
| On October 29 2024 Kayne Anderson MLP was traded for 11.43 at the closing time. Highest Kayne Anderson's price during the trading hours was 11.62 and the lowest price during the day was 11.39 . The net volume was 308.1 K. The overall trading history on the 29th of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.55% . The trading delta at closing time to current price is 6.29% . |
Kayne Anderson MLP Fundamentals Correlations and Trends
By evaluating Kayne Anderson'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 Kayne Anderson's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kayne financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kayne Anderson Stock history
Kayne Anderson 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 Kayne is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kayne Anderson MLP 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 Kayne Anderson stock prices may prove useful in developing a viable investing in Kayne Anderson
Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. Kayne Anderson MLP Investment Company was formed on June 4, 2004 and is domiciled in the United States. Kayne Anderson operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
Kayne Anderson Stock Technical Analysis
Kayne Anderson 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
Kayne Anderson Period Price Range
Low | November 30, 2024
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0.00 | 0.00 |
Kayne Anderson MLP 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.
Kayne Anderson November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Kayne Anderson stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kayne Anderson shares will generate the highest return on investment. By undertsting and applying Kayne Anderson stock market strength indicators, traders can identify Kayne Anderson MLP entry and exit signals to maximize returns
Kayne Anderson Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kayne Anderson's price direction in advance. Along with the technical and fundamental analysis of Kayne Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kayne 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 | 0.2892 | |||
| Jensen Alpha | 0.3433 | |||
| Total Risk Alpha | 0.2248 | |||
| Sortino Ratio | 0.281 | |||
| Treynor Ratio | 0.7475 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kayne Anderson MLP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.
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.