Kaynes Technology (India) Performance
| KAYNES Stock | 5,987 149.20 2.56% |
On a scale of 0 to 100, Kaynes Technology holds a performance score of 11. The company secures a Beta (Market Risk) of 1.23, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kaynes Technology will likely underperform. Please check Kaynes Technology's kurtosis, and the relationship between the downside variance and day median price , to make a quick decision on whether Kaynes Technology's current price movements will revert.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Kaynes Technology India are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unsteady basic indicators, Kaynes Technology sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Kaynes Technology stock rises 8 percent on govt nod to Rs 3,307-crore chip plant in Gujarat, what brokerages say - MSN | 09/04/2024 |
2 | Exploring Kaynes Technology India And 2 Other High Growth Tech Stocks - Yahoo Finance | 09/17/2024 |
3 | Kaynes Technology India Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com | 10/29/2024 |
4 | EMS stocks Dixon Technologies, Kaynes Technology jump 8-10 percent as Trump leads in US Presidential Election race Stock Market News - Mint | 11/06/2024 |
5 | Pros and Cons of Investing in Kaynes Technology - Equitymaster | 11/21/2024 |
| Begin Period Cash Flow | 259.3 M |
Kaynes |
Kaynes Technology Relative Risk vs. Return Landscape
If you would invest 466,265 in Kaynes Technology India on September 1, 2024 and sell it today you would earn a total of 132,480 from holding Kaynes Technology India or generate 28.41% return on investment over 90 days. Kaynes Technology India is generating 0.441% of daily returns and assumes 3.0011% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Kaynes, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Kaynes Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kaynes Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kaynes Technology India, and traders can use it to determine the average amount a Kaynes Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1469
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | KAYNES | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Kaynes Technology is performing at about 11% 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 Kaynes Technology by adding it to a well-diversified portfolio.
Kaynes Technology Fundamentals Growth
Kaynes Stock prices reflect investors' perceptions of the future prospects and financial health of Kaynes Technology, and Kaynes Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Kaynes Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0653 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 367.93 B | ||||
| Shares Outstanding | 64.01 M | ||||
| Price To Book | 14.38 X | ||||
| Price To Sales | 17.25 X | ||||
| Revenue | 18.05 B | ||||
| Gross Profit | 3.41 B | ||||
| EBITDA | 3.12 B | ||||
| Net Income | 2.32 B | ||||
| Total Debt | 3.23 B | ||||
| Book Value Per Share | 404.95 X | ||||
| Cash Flow From Operations | 701.41 M | ||||
| Earnings Per Share | 37.36 X | ||||
| Total Asset | 32.65 B | ||||
| Retained Earnings | 4.09 B | ||||
About Kaynes Technology Performance
By analyzing Kaynes Technology's fundamental ratios, stakeholders can gain valuable insights into Kaynes Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Kaynes Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Kaynes Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Kaynes Technology is entity of India. It is traded as Stock on NSE exchange.Things to note about Kaynes Technology India performance evaluation
Checking the ongoing alerts about Kaynes Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kaynes Technology India help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kaynes Technology had very high historical volatility over the last 90 days | |
| Kaynes Technology is unlikely to experience financial distress in the next 2 years | |
| About 59.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Pros and Cons of Investing in Kaynes Technology - Equitymaster |
- Analyzing Kaynes Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Kaynes Technology's stock is overvalued or undervalued compared to its peers.
- Examining Kaynes Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Kaynes Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kaynes Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kaynes Technology's stock. These opinions can provide insight into Kaynes Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Kaynes Stock analysis
When running Kaynes Technology's price analysis, check to measure Kaynes Technology'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 Kaynes Technology is operating at the current time. Most of Kaynes Technology's value examination focuses on studying past and present price action to predict the probability of Kaynes Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaynes Technology's price. Additionally, you may evaluate how the addition of Kaynes Technology to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |