Kadant Inc Stock Price on March 7, 2023
KAI Stock | USD 335.28 5.90 1.73% |
If you're considering investing in Kadant Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kadant stands at 335.28, as last reported on the 22nd of March, with the highest price reaching 337.54 and the lowest price hitting 332.03 during the day. Kadant Inc has Sharpe Ratio of -0.0203, which conveys that the firm had a -0.0203 % return per unit of risk over the last 3 months. Kadant exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kadant's Mean Deviation of 1.51, risk adjusted performance of (0.01), and Standard Deviation of 2.12 to check out the risk estimate we provide.
Kadant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kadant |
Sharpe Ratio = -0.0203
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Estimated Market Risk
2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kadant is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kadant by adding Kadant to a well-diversified portfolio.
Kadant Valuation on March 7, 2023
It is possible to determine the worth of Kadant on a given historical date. On March 7, 2023 Kadant was worth 215.36 at the beginning of the trading date compared to the closed value of 215.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kadant stock. Still, in general, we apply an absolute valuation method to find Kadant's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Kadant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kadant's related companies.
Open | High | Low | Close | Volume | |
03/07/2023 | 215.36 | 216.00 | 212.89 | 215.61 | 82,903 |
215.18 | 216.00 | 212.41 | 213.31 | 53,017 |
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Kadant Trading Date Momentum on March 7, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Kadant Inc Fundamentals Correlations and Trends
By evaluating Kadant's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kadant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kadant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kadant Stock history
Kadant investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Kadant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kadant Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Kadant stock prices may prove useful in developing a viable investing in Kadant
Kadant Inc. supplies technologies and engineered systems worldwide. Kadant Inc. was incorporated in 1991 and is headquartered in Westford, Massachusetts. Kadant operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 3000 people.
Kadant Stock Technical Analysis
Kadant 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.
Price Boundaries
Kadant Period Price Range
Low | March 22, 2025
| High |
0.00 | 0.00 |
Kadant Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Kadant March 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Kadant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kadant shares will generate the highest return on investment. By undertsting and applying Kadant stock market strength indicators, traders can identify Kadant Inc entry and exit signals to maximize returns
Kadant Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kadant's price direction in advance. Along with the technical and fundamental analysis of Kadant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kadant to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | 0.0182 | |||
Total Risk Alpha | 0.108 | |||
Treynor Ratio | (0.05) |
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Complementary Tools for Kadant Stock analysis
When running Kadant's price analysis, check to measure Kadant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kadant is operating at the current time. Most of Kadant's value examination focuses on studying past and present price action to predict the probability of Kadant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kadant's price. Additionally, you may evaluate how the addition of Kadant to your portfolios can decrease your overall portfolio volatility.
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