Kontoor Brands Stock Market Value
| KTB Stock | USD 91.38 3.53 4.02% |
| Symbol | Kontoor |
Kontoor Brands Price To Book Ratio
Is Apparel, Accessories & Luxury Goods 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 Kontoor Brands. If investors know Kontoor 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 Kontoor Brands 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 0.2 | Dividend Share 2 | Earnings Share 4.43 | Revenue Per Share 46.26 | Quarterly Revenue Growth 0.024 |
The market value of Kontoor Brands is measured differently than its book value, which is the value of Kontoor that is recorded on the company's balance sheet. Investors also form their own opinion of Kontoor Brands' value that differs from its market value or its book value, called intrinsic value, which is Kontoor Brands' 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 Kontoor Brands' market value can be influenced by many factors that don't directly affect Kontoor Brands' 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 Kontoor Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kontoor Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kontoor Brands' 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.
Kontoor Brands '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 Kontoor Brands' 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 Kontoor Brands.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Kontoor Brands on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Kontoor Brands or generate 0.0% return on investment in Kontoor Brands over 60 days. Kontoor Brands is related to or competes with VF, Levi Strauss, Under Armour, Oxford Industries, G III. Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes denim, appa... More
Kontoor Brands 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 Kontoor Brands' 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 Kontoor Brands upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.1253 | |||
| Maximum Drawdown | 16.49 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 3.25 |
Kontoor Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kontoor Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kontoor Brands' standard deviation. In reality, there are many statistical measures that can use Kontoor Brands historical prices to predict the future Kontoor Brands' volatility.| Risk Adjusted Performance | 0.1475 | |||
| Jensen Alpha | 0.3333 | |||
| Total Risk Alpha | 0.0487 | |||
| Sortino Ratio | 0.1542 | |||
| Treynor Ratio | 0.7144 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kontoor Brands' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Kontoor Brands Backtested Returns
Kontoor Brands appears to be very steady, given 3 months investment horizon. Kontoor Brands has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Kontoor Brands, which you can use to evaluate the volatility of the firm. Please exercise Kontoor Brands' Downside Deviation of 1.82, mean deviation of 1.45, and Risk Adjusted Performance of 0.1475 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kontoor Brands holds a performance score of 12. The company secures a Beta (Market Risk) of 0.56, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kontoor Brands' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kontoor Brands is expected to be smaller as well. Please check Kontoor Brands' treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Kontoor Brands' current price movements will revert.
Auto-correlation | -0.03 |
Very weak reverse predictability
Kontoor Brands has very weak reverse predictability. Overlapping area represents the amount of predictability between Kontoor Brands time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 to 24th 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 Kontoor Brands price movement. The serial correlation of -0.03 indicates that only 3.0% of current Kontoor Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 26.21 |
Kontoor Brands lagged returns against current returns
Autocorrelation, which is Kontoor Brands 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 Kontoor Brands' stock expected returns. We can calculate the autocorrelation of Kontoor Brands returns to help us make a trade decision. For example, suppose you find that Kontoor Brands 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 |
Kontoor Brands 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 Kontoor Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kontoor Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kontoor Brands stock over time.
Current vs Lagged Prices |
| Timeline |
Kontoor Brands Lagged Returns
When evaluating Kontoor Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kontoor Brands stock have on its future price. Kontoor Brands 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, Kontoor Brands autocorrelation shows the relationship between Kontoor Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Kontoor Brands.
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 Kontoor Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kontoor Brands' 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 Kontoor Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kontoor Brands Stock:Check out Kontoor Brands Correlation, Kontoor Brands Volatility and Kontoor Brands Alpha and Beta module to complement your research on Kontoor Brands. For information on how to trade Kontoor Stock refer to our How to Trade Kontoor Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Kontoor Brands 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.