Kemper Stock Market Value
| KMPR Stock | USD 71.95 0.34 0.47% |
| Symbol | Kemper |
Kemper Price To Book Ratio
Is Property & Casualty Insurance 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 Kemper. If investors know Kemper 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 Kemper 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 0.947 | Dividend Share 1.24 | Earnings Share 4.2 | Revenue Per Share 72.22 | Quarterly Revenue Growth (0.02) |
The market value of Kemper is measured differently than its book value, which is the value of Kemper that is recorded on the company's balance sheet. Investors also form their own opinion of Kemper's value that differs from its market value or its book value, called intrinsic value, which is Kemper'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 Kemper's market value can be influenced by many factors that don't directly affect Kemper'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 Kemper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kemper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kemper'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.
Kemper '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 Kemper'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 Kemper.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Kemper on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Kemper or generate 0.0% return on investment in Kemper over 30 days. Kemper is related to or competes with Selective Insurance, Donegal Group, Argo Group, Global Indemnity, Horace Mann, RLI Corp, and ProAssurance. Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insuran... More
Kemper 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 Kemper'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 Kemper upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | 0.0808 | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 2.28 |
Kemper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kemper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kemper's standard deviation. In reality, there are many statistical measures that can use Kemper historical prices to predict the future Kemper's volatility.| Risk Adjusted Performance | 0.1382 | |||
| Jensen Alpha | 0.1202 | |||
| Total Risk Alpha | 0.0171 | |||
| Sortino Ratio | 0.0842 | |||
| Treynor Ratio | 0.25 |
Kemper Backtested Returns
Kemper appears to be very steady, given 3 months investment horizon. Kemper has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kemper, which you can use to evaluate the volatility of the firm. Please exercise Kemper's Risk Adjusted Performance of 0.1382, mean deviation of 1.05, and Downside Deviation of 1.31 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kemper holds a performance score of 13. The company secures a Beta (Market Risk) of 0.92, which conveys possible diversification benefits within a given portfolio. Kemper returns are very sensitive to returns on the market. As the market goes up or down, Kemper is expected to follow. Please check Kemper's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Kemper's current price movements will revert.
Auto-correlation | 0.52 |
Modest predictability
Kemper has modest predictability. Overlapping area represents the amount of predictability between Kemper time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Kemper price movement. The serial correlation of 0.52 indicates that about 52.0% of current Kemper price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 1.24 |
Kemper lagged returns against current returns
Autocorrelation, which is Kemper 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 Kemper's stock expected returns. We can calculate the autocorrelation of Kemper returns to help us make a trade decision. For example, suppose you find that Kemper 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 |
Kemper 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 Kemper stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kemper stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kemper stock over time.
Current vs Lagged Prices |
| Timeline |
Kemper Lagged Returns
When evaluating Kemper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kemper stock have on its future price. Kemper 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, Kemper autocorrelation shows the relationship between Kemper stock current value and its past values and can show if there is a momentum factor associated with investing in Kemper.
Regressed Prices |
| Timeline |
Pair Trading with Kemper
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 Kemper 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 Kemper will appreciate offsetting losses from the drop in the long position's value.Moving together with Kemper Stock
Moving against Kemper Stock
The ability to find closely correlated positions to Kemper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kemper 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 Kemper - 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 Kemper to buy it.
The correlation of Kemper 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 Kemper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kemper 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 Kemper 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.Additional Tools for Kemper Stock Analysis
When running Kemper's price analysis, check to measure Kemper'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 Kemper is operating at the current time. Most of Kemper's value examination focuses on studying past and present price action to predict the probability of Kemper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kemper's price. Additionally, you may evaluate how the addition of Kemper to your portfolios can decrease your overall portfolio volatility.