Kroger Company Stock Market Value
| KR Stock | USD 60.09 0.87 1.47% |
| Symbol | Kroger |
Kroger Company Price To Book Ratio
Is Consumer Staples Distribution & Retail 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 Kroger. If investors know Kroger 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 Kroger 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 (0.88) | Dividend Share 1.19 | Earnings Share 3.82 | Revenue Per Share 208.614 | Quarterly Revenue Growth (0.01) |
The market value of Kroger Company is measured differently than its book value, which is the value of Kroger that is recorded on the company's balance sheet. Investors also form their own opinion of Kroger's value that differs from its market value or its book value, called intrinsic value, which is Kroger'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 Kroger's market value can be influenced by many factors that don't directly affect Kroger'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 Kroger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kroger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kroger'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.
Kroger '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 Kroger'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 Kroger.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Kroger on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Kroger Company or generate 0.0% return on investment in Kroger over 30 days. Kroger is related to or competes with Innovative Food, Calavo Growers, Chefs Warehouse, AMCON Distributing, Performance Food, US Foods, and Andersons. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact war... More
Kroger 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 Kroger'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 Kroger Company upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | 0.0535 | |||
| Maximum Drawdown | 9.24 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.98 |
Kroger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kroger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kroger's standard deviation. In reality, there are many statistical measures that can use Kroger historical prices to predict the future Kroger's volatility.| Risk Adjusted Performance | 0.114 | |||
| Jensen Alpha | 0.1245 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0711 | |||
| Treynor Ratio | 0.3217 |
Kroger Company Backtested Returns
Kroger appears to be very steady, given 3 months investment horizon. Kroger Company has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kroger, which you can use to evaluate the volatility of the firm. Please exercise Kroger's Mean Deviation of 1.03, risk adjusted performance of 0.114, and Downside Deviation of 1.11 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kroger holds a performance score of 10. The company secures a Beta (Market Risk) of 0.62, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kroger's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kroger is expected to be smaller as well. Please check Kroger's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Kroger's current price movements will revert.
Auto-correlation | 0.04 |
Virtually no predictability
Kroger Company has virtually no predictability. Overlapping area represents the amount of predictability between Kroger time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Kroger Company price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Kroger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
Kroger Company lagged returns against current returns
Autocorrelation, which is Kroger 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 Kroger's stock expected returns. We can calculate the autocorrelation of Kroger returns to help us make a trade decision. For example, suppose you find that Kroger 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 |
Kroger 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 Kroger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kroger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kroger stock over time.
Current vs Lagged Prices |
| Timeline |
Kroger Lagged Returns
When evaluating Kroger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kroger stock have on its future price. Kroger 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, Kroger autocorrelation shows the relationship between Kroger stock current value and its past values and can show if there is a momentum factor associated with investing in Kroger Company.
Regressed Prices |
| Timeline |
Pair Trading with Kroger
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 Kroger 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 Kroger will appreciate offsetting losses from the drop in the long position's value.Moving together with Kroger Stock
Moving against Kroger Stock
| 0.83 | CL | Colgate Palmolive Fiscal Year End 24th of January 2025 | PairCorr |
| 0.79 | ASAI | Sendas Distribuidora | PairCorr |
| 0.76 | UL | Unilever PLC ADR | PairCorr |
| 0.72 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.71 | BG | Bunge Limited | PairCorr |
The ability to find closely correlated positions to Kroger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kroger 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 Kroger - 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 Kroger Company to buy it.
The correlation of Kroger 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 Kroger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kroger Company 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 Kroger 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 Kroger Stock Analysis
When running Kroger's price analysis, check to measure Kroger'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 Kroger is operating at the current time. Most of Kroger's value examination focuses on studying past and present price action to predict the probability of Kroger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kroger's price. Additionally, you may evaluate how the addition of Kroger to your portfolios can decrease your overall portfolio volatility.