KeyCorp Beta vs. Total Debt
| KEY-PL Preferred Stock | 25.18 0.17 0.68% |
For KeyCorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KeyCorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KeyCorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KeyCorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KeyCorp over time as well as its relative position and ranking within its peers.
KeyCorp |
KeyCorp Total Debt vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining KeyCorp's current stock value. Our valuation model uses many indicators to compare KeyCorp value to that of its competitors to determine the firm's financial worth. KeyCorp is currently regarded as number one stock in beta category among its peers. It is rated second overall in total debt category among its peers making up about 19,552,616,993 of Total Debt per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the KeyCorp's earnings, one of the primary drivers of an investment's value.KeyCorp Total Debt vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
KeyCorp |
| = | 1.26 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
KeyCorp |
| = | 24.69 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
KeyCorp Total Debt vs Competition
KeyCorp is rated second overall in total debt category among its peers. Total debt of Financials industry is now estimated at about 798.33 Billion. KeyCorp holds roughly 24.69 Billion in total debt claiming about 3% of equities under Financials industry.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, KeyCorp will likely underperform.
KeyCorp Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on KeyCorp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of KeyCorp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the KeyCorp's important profitability drivers and their relationship over time.
Use KeyCorp in pair-trading
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 KeyCorp 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 KeyCorp will appreciate offsetting losses from the drop in the long position's value.KeyCorp Pair Trading
KeyCorp Pair Trading Analysis
The ability to find closely correlated positions to KeyCorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KeyCorp 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 KeyCorp - 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 KeyCorp to buy it.
The correlation of KeyCorp 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 KeyCorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KeyCorp 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 KeyCorp 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.Use Investing Themes to Complement your KeyCorp position
In addition to having KeyCorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Tech Funds
Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services. The Tech Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tech Funds Theme or any other thematic opportunities.
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Other Information on Investing in KeyCorp Preferred Stock
To fully project KeyCorp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of KeyCorp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include KeyCorp's income statement, its balance sheet, and the statement of cash flows.