Kneat Historical Valuation
| KSI Stock | 5.26 0.01 0.19% |
Some fundamental drivers such as market cap or Kneat enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Kneat Inc valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Kneat's future value.
Kneat |
About Kneat Valuation Data Analysis
Valuation is the financial process of determining what Kneat is worth. Kneat valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Kneat valuation ratios help investors to determine whether Kneat Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kneat with respect to the benefits of owning Kneat security.
Kneat Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as Kneat theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Kneat Inc debt, but would also pocket its cash. Enterprise Value is more accurate representation of Kneat value than its market capitalization because it takes into account all of Kneat Inc existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Pair Trading with Kneat
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 Kneat 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 Kneat will appreciate offsetting losses from the drop in the long position's value.Moving together with Kneat Stock
The ability to find closely correlated positions to Kneat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kneat 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 Kneat - 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 Kneat Inc to buy it.
The correlation of Kneat 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 Kneat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kneat Inc 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 Kneat 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.Other Information on Investing in Kneat Stock
Valuation is the financial process of determining what Kneat is worth. Kneat valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Kneat valuation ratios help investors to determine whether Kneat Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kneat with respect to the benefits of owning Kneat security.