Karat Packaging Stock Market Value
| KRT Stock | USD 29.60 1.05 3.68% |
| Symbol | Karat |
Karat Packaging Price To Book Ratio
Is Diversified Metals & Mining 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 Karat Packaging. If investors know Karat 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 Karat Packaging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.2 | Earnings Share 1.41 | Revenue Per Share 20.845 | Quarterly Revenue Growth 0.069 | Return On Assets 0.0807 |
The market value of Karat Packaging is measured differently than its book value, which is the value of Karat that is recorded on the company's balance sheet. Investors also form their own opinion of Karat Packaging's value that differs from its market value or its book value, called intrinsic value, which is Karat Packaging'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 Karat Packaging's market value can be influenced by many factors that don't directly affect Karat Packaging'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 Karat Packaging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Karat Packaging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Karat Packaging'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.
Karat Packaging '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 Karat Packaging'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 Karat Packaging.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Karat Packaging on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Karat Packaging or generate 0.0% return on investment in Karat Packaging over 30 days. Karat Packaging is related to or competes with Greif Bros, Reynolds Consumer, Silgan Holdings, O I, Myers Industries, Sealed Air, and Graphic Packaging. Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based, an... More
Karat Packaging 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 Karat Packaging'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 Karat Packaging upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.0852 | |||
| Maximum Drawdown | 11.75 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 3.17 |
Karat Packaging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Karat Packaging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Karat Packaging's standard deviation. In reality, there are many statistical measures that can use Karat Packaging historical prices to predict the future Karat Packaging's volatility.| Risk Adjusted Performance | 0.1166 | |||
| Jensen Alpha | 0.0716 | |||
| Total Risk Alpha | 0.0169 | |||
| Sortino Ratio | 0.1132 | |||
| Treynor Ratio | 0.1383 |
Karat Packaging Backtested Returns
Karat Packaging appears to be very steady, given 3 months investment horizon. Karat Packaging has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Karat Packaging, which you can use to evaluate the volatility of the firm. Please exercise Karat Packaging's Downside Deviation of 1.37, risk adjusted performance of 0.1166, and Mean Deviation of 1.2 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Karat Packaging holds a performance score of 9. The company secures a Beta (Market Risk) of 1.84, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Karat Packaging will likely underperform. Please check Karat Packaging's potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Karat Packaging's current price movements will revert.
Auto-correlation | 0.12 |
Insignificant predictability
Karat Packaging has insignificant predictability. Overlapping area represents the amount of predictability between Karat Packaging time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Karat Packaging price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Karat Packaging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Karat Packaging lagged returns against current returns
Autocorrelation, which is Karat Packaging 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 Karat Packaging's stock expected returns. We can calculate the autocorrelation of Karat Packaging returns to help us make a trade decision. For example, suppose you find that Karat Packaging 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 |
Karat Packaging 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 Karat Packaging stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Karat Packaging stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Karat Packaging stock over time.
Current vs Lagged Prices |
| Timeline |
Karat Packaging Lagged Returns
When evaluating Karat Packaging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Karat Packaging stock have on its future price. Karat Packaging 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, Karat Packaging autocorrelation shows the relationship between Karat Packaging stock current value and its past values and can show if there is a momentum factor associated with investing in Karat Packaging.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Karat Stock Analysis
When running Karat Packaging's price analysis, check to measure Karat Packaging'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 Karat Packaging is operating at the current time. Most of Karat Packaging's value examination focuses on studying past and present price action to predict the probability of Karat Packaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karat Packaging's price. Additionally, you may evaluate how the addition of Karat Packaging to your portfolios can decrease your overall portfolio volatility.