KEYCORP Price To Earnings To Growth vs. Price To Book
| KEY Stock | EUR 17.36 0.02 0.12% |
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 Price To Book vs. Price To Earnings To Growth 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 price to earnings to growth category among its peers. It also is currently regarded as number one stock in price to book category among its peers fabricating about 1.52 of Price To Book per Price To Earnings To Growth. 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 Price To Book vs. Price To Earnings To Growth
PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
KEYCORP |
| = | 0.97 X |
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
KEYCORP |
| = | 1.47 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
KEYCORP Price To Book Comparison
KEYCORP is currently under evaluation in price to book category among its peers.
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?
Run Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 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 Hybrid Mix Funds Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in KEYCORP Stock
When determining whether KEYCORP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KEYCORP's 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 Keycorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Keycorp Stock:Check out Correlation Analysis. For information on how to trade KEYCORP Stock refer to our How to Trade KEYCORP Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.