Kelly Services A Stock Alpha and Beta Analysis
| KELYA Stock | USD 14.85 0.45 3.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Kelly Services A. It also helps investors analyze the systematic and unsystematic risks associated with investing in Kelly Services over a specified time horizon. Remember, high Kelly Services' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Kelly Services' market risk premium analysis include:
Beta (0.21) | Alpha (0.46) | Risk 3.22 | Sharpe Ratio (0.15) | Expected Return (0.47) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Kelly Services Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Kelly Services market risk premium is the additional return an investor will receive from holding Kelly Services long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Kelly Services. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Kelly Services' performance over market.| α | -0.46 | β | -0.21 |
Kelly Services expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Kelly Services' Buy-and-hold return. Our buy-and-hold chart shows how Kelly Services performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Kelly Services Market Price Analysis
Market price analysis indicators help investors to evaluate how Kelly Services stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kelly Services shares will generate the highest return on investment. By understating and applying Kelly Services stock market price indicators, traders can identify Kelly Services position entry and exit signals to maximize returns.
Kelly Services Return and Market Media
The median price of Kelly Services for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 20.36 with a coefficient of variation of 11.28. The daily time series for the period is distributed with a sample standard deviation of 2.2, arithmetic mean of 19.53, and mean deviation of 1.6. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Kelly Services dividend paid on 4th of September 2024 | 09/04/2024 |
1 | Disposition of 179 shares by Nicola Soares of Kelly Services at 20.81 subject to Rule 16b-3 | 10/02/2024 |
2 | KellyOCG Named MSP and Services Procurement Leader by Everest Group | 10/08/2024 |
3 | Disposition of 2907 shares by Timothy Dupree of Kelly Services at 20.32 subject to Rule 16b-3 | 10/15/2024 |
4 | Kelly Services, Inc. Short Interest Up 15.7 percent in September | 10/16/2024 |
5 | ManpowerGroup Q3 Earnings and Revenues Surpass Estimates | 10/17/2024 |
6 | Disposition of 5100 shares by Peter Quigley of Kelly Services at 24.5 subject to Rule 16b-3 | 10/18/2024 |
7 | Kelly Announces Third-Quarter 2024 Conference Call | 10/24/2024 |
8 | Kelly Reports Third-Quarter 2024 Earnings | 11/07/2024 |
9 | Kelly Earns 2025 Military Friendly Employer Designation | 11/11/2024 |
10 | Kelly Named Corporation of the Year by National Minority Supplier Development Council | 11/15/2024 |
11 | Kelly Enhances Pediatric Therapy Services with Strategic Acquisition of Childrens Therapy Center, Bolstering Market Leadership | 11/19/2024 |
12 | Insider Buying Daniel Malan Acquires Shares of Kelly Services Inc | 11/21/2024 |
About Kelly Services Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Kelly or other stocks. Alpha measures the amount that position in Kelly Services A has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2017 | 2018 | 2023 | 2024 (projected) | Dividend Yield | 0.0111 | 0.0165 | 0.0142 | 0.0212 | Price To Sales Ratio | 0.19 | 0.13 | 0.16 | 0.15 |
Kelly Services Upcoming Company Events
As portrayed in its financial statements, the presentation of Kelly Services' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kelly Services' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Kelly Services' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Kelly Services. Please utilize our Beneish M Score to check the likelihood of Kelly Services' management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Kelly Services Backtesting, Kelly Services Valuation, Kelly Services Correlation, Kelly Services Hype Analysis, Kelly Services Volatility, Kelly Services History and analyze Kelly Services Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Kelly Services 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.