Based On Its ROE, Is Kaiser Aluminum Corporation A High Quality Stock - Simply Wall St
| KLU1 Stock | EUR 75.00 0.50 0.66% |
Roughly 61% of Kaiser Aluminum's investor base is looking to short. The analysis of current outlook of investing in Kaiser Aluminum suggests that many traders are alarmed regarding Kaiser Aluminum's prospects. The current market sentiment, together with Kaiser Aluminum's historical and current headlines, can help investors time the market. In addition, many technical investors use Kaiser Aluminum stock news signals to limit their universe of possible portfolio assets.
Kaiser Aluminum stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Kaiser daily returns and investor perception about the current price of Kaiser Aluminum as well as its diversification or hedging effects on your existing portfolios.
Kaiser |
Based On Its ROE, Is Kaiser Aluminum Corporation A High Quality Stock Simply Wall St
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Kaiser Aluminum Fundamental Analysis
We analyze Kaiser Aluminum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kaiser Aluminum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kaiser Aluminum 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.
Beta
Beta Comparative Analysis
Kaiser Aluminum is rated third overall in beta category among its peers. 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.
Kaiser Aluminum Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Kaiser Aluminum stock to make a market-neutral strategy. Peer analysis of Kaiser Aluminum could also be used in its relative valuation, which is a method of valuing Kaiser Aluminum by comparing valuation metrics with similar companies.
Peers
Kaiser Aluminum Related Equities
| NOH1 | Norsk Hydro | 0.51 |
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| KLU1 | Kaiser Aluminum | 0.66 |
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| NOHA | Norsk Hydro | 3.39 |
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Complementary Tools for Kaiser Stock analysis
When running Kaiser Aluminum's price analysis, check to measure Kaiser Aluminum'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 Kaiser Aluminum is operating at the current time. Most of Kaiser Aluminum's value examination focuses on studying past and present price action to predict the probability of Kaiser Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaiser Aluminum's price. Additionally, you may evaluate how the addition of Kaiser Aluminum to your portfolios can decrease your overall portfolio volatility.
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