Kimco Realty Stock Beta
| KIM-PN Stock | 62.20 0.20 0.32% |
Kimco Realty fundamentals help investors to digest information that contributes to Kimco Realty's financial success or failures. It also enables traders to predict the movement of Kimco Stock. The fundamental analysis module provides a way to measure Kimco Realty's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kimco Realty stock.
Kimco | Beta |
Kimco Realty Company Beta Analysis
Kimco Realty's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Kimco Realty Beta | 1.49 |
Most of Kimco Realty's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kimco Realty is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Kimco Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Kimco Realty is extremely important. It helps to project a fair market value of Kimco Stock properly, considering its historical fundamentals such as Beta. Since Kimco Realty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Kimco Realty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Kimco Realty's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Kimco Realty has a Beta of 1.485. This is 106.25% higher than that of the Real Estate sector and 125.0% higher than that of the REIT - Retail industry. The beta for all United States stocks is notably lower than that of the firm.
Kimco Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kimco Realty's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kimco Realty could also be used in its relative valuation, which is a method of valuing Kimco Realty by comparing valuation metrics of similar companies.Kimco Realty is rated third overall in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kimco Realty will likely underperform.
Kimco Fundamentals
| Return On Equity | 0.0383 | ||||
| Return On Asset | 0.0213 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.34 % | ||||
| Current Valuation | 50.02 B | ||||
| Shares Owned By Insiders | 0.06 % | ||||
| Shares Owned By Institutions | 99.94 % | ||||
| Number Of Shares Shorted | 1.12 K | ||||
| Revenue | 1.78 B | ||||
| EBITDA | 1.4 B | ||||
| Net Income | 665.95 M | ||||
| Total Debt | 7.73 B | ||||
| Book Value Per Share | 15.61 X | ||||
| Cash Flow From Operations | 1.07 B | ||||
| Short Ratio | 0.77 X | ||||
| Number Of Employees | 660 | ||||
| Beta | 1.49 | ||||
| Total Asset | 18.27 B | ||||
| Retained Earnings | (122.58 M) | ||||
| Working Capital | 1.2 B | ||||
| Net Asset | 18.27 B |
About Kimco Realty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kimco Realty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kimco Realty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kimco Realty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Kimco Realty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kimco Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kimco Realty will appreciate offsetting losses from the drop in the long position's value.Moving together with Kimco Stock
Moving against Kimco Stock
| 0.68 | O | Realty Income | PairCorr |
| 0.68 | FR | First Industrial Realty | PairCorr |
| 0.53 | UK | Ucommune International | PairCorr |
| 0.44 | RC | Ready Capital Corp | PairCorr |
| 0.42 | ADC-PA | Agree Realty | PairCorr |
The ability to find closely correlated positions to Kimco Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kimco Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kimco Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kimco Realty to buy it.
The correlation of Kimco Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kimco Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kimco Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kimco Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Kimco Realty Piotroski F Score and Kimco Realty Altman Z Score analysis. To learn how to invest in Kimco Stock, please use our How to Invest in Kimco Realty guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.