Kentucky First Federal Stock Market Value
| KFFB Stock | USD 2.64 0.06 2.33% |
| Symbol | Kentucky |
Kentucky First Federal Price To Book Ratio
Is Regional Banks 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 Kentucky First. If investors know Kentucky 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 Kentucky First 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 (0.74) | Earnings Share (0.19) | Revenue Per Share 0.892 | Quarterly Revenue Growth (0.04) | Return On Assets (0) |
The market value of Kentucky First Federal is measured differently than its book value, which is the value of Kentucky that is recorded on the company's balance sheet. Investors also form their own opinion of Kentucky First's value that differs from its market value or its book value, called intrinsic value, which is Kentucky First'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 Kentucky First's market value can be influenced by many factors that don't directly affect Kentucky First'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 Kentucky First's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kentucky First is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kentucky First'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.
Kentucky First 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Kentucky First's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Kentucky First.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Kentucky First on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Kentucky First Federal or generate 0.0% return on investment in Kentucky First over 30 days. Kentucky First is related to or competes with Home Federal, Lake Shore, Commerzbank, Investar Holding, Colony Bankcorp, Southern Missouri, and Affinity Bancshares. Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard,... More
Kentucky First Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Kentucky First's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Kentucky First Federal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 16.1 | |||
| Value At Risk | (5.61) | |||
| Potential Upside | 6.72 |
Kentucky First Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kentucky First's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kentucky First's standard deviation. In reality, there are many statistical measures that can use Kentucky First historical prices to predict the future Kentucky First's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | (0.42) |
Kentucky First Federal Backtested Returns
Kentucky First Federal has Sharpe Ratio of -0.0718, which conveys that the firm had a -0.0718% return per unit of risk over the last 3 months. Kentucky First exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kentucky First's Standard Deviation of 3.55, risk adjusted performance of (0.05), and Mean Deviation of 2.67 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.69, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kentucky First's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kentucky First is expected to be smaller as well. At this point, Kentucky First Federal has a negative expected return of -0.26%. Please make sure to verify Kentucky First's kurtosis, day typical price, and the relationship between the potential upside and rate of daily change , to decide if Kentucky First Federal performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Kentucky First Federal has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Kentucky First time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kentucky First Federal price movement. The serial correlation of -0.79 indicates that around 79.0% of current Kentucky First price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kentucky First Federal lagged returns against current returns
Autocorrelation, which is Kentucky First stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Kentucky First's stock expected returns. We can calculate the autocorrelation of Kentucky First returns to help us make a trade decision. For example, suppose you find that Kentucky First has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Kentucky First regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Kentucky First stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kentucky First stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kentucky First stock over time.
Current vs Lagged Prices |
| Timeline |
Kentucky First Lagged Returns
When evaluating Kentucky First's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kentucky First stock have on its future price. Kentucky First autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Kentucky First autocorrelation shows the relationship between Kentucky First stock current value and its past values and can show if there is a momentum factor associated with investing in Kentucky First Federal.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Kentucky First Federal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kentucky First's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kentucky First Federal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kentucky First Federal Stock:Check out Kentucky First Correlation, Kentucky First Volatility and Kentucky First Alpha and Beta module to complement your research on Kentucky First. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Kentucky First 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.