Kaynes Technology (India) Price on January 29, 2024
| KAYNES Stock | 5,838 59.15 1.00% |
If you're considering investing in Kaynes Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kaynes Technology stands at 5,838, as last reported on the 29th of November, with the highest price reaching 5,976 and the lowest price hitting 5,828 during the day. Kaynes Technology appears to be very steady, given 3 months investment horizon. Kaynes Technology India has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kaynes Technology, which you can use to evaluate the volatility of the firm. Please exercise Kaynes Technology's Mean Deviation of 2.07, downside deviation of 2.68, and Risk Adjusted Performance of 0.0793 to check out if our risk estimates are consistent with your expectations.
At present, Kaynes Technology's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 34.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 53.6 M. . Kaynes Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kaynes |
Sharpe Ratio = 0.135
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Estimated Market Risk
| 3.01 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Kaynes Technology is performing at about 10% of its full potential. 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 Kaynes Technology by adding it to a well-diversified portfolio.
Price Book 14.5232 | Enterprise Value Ebitda 90.0439 | Price Sales 16.8044 | Shares Float 26 M | Wall Street Target Price 5.4 K |
Kaynes Technology Valuation on January 29, 2024
It is possible to determine the worth of Kaynes Technology on a given historical date. On January 29, 2024 Kaynes was worth 2890.0 at the beginning of the trading date compared to the closed value of 2887.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kaynes Technology stock. Still, in general, we apply an absolute valuation method to find Kaynes Technology'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 Kaynes Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kaynes Technology's related companies.
| Open | High | Low | Close | Volume | |
| 2,893 | 2,900 | 2,854 | 2,878 | 86,093 | |
01/29/2024 | 2,890 | 2,900 | 2,857 | 2,887 | 64,421 |
| 2,908 | 2,951 | 2,773 | 2,828 | 122,591 |
| Backtest Kaynes Technology | | | Kaynes Technology History | | | Kaynes Technology Valuation | Previous | Next |
Kaynes Technology Trading Date Momentum on January 29, 2024
| On January 30 2024 Kaynes Technology India was traded for 2,828 at the closing time. The highest price during the trading period was 2,951 and the lowest recorded bid was listed for 2,773 . The volume for the day was 122.6 K. This history from January 30, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.06% . The trading delta at closing time to the current price is 1.48% . |
Kaynes Technology India Fundamentals Correlations and Trends
By evaluating Kaynes Technology'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 Kaynes Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kaynes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kaynes Technology Stock history
Kaynes Technology 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 Kaynes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kaynes Technology India 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 Kaynes Technology stock prices may prove useful in developing a viable investing in Kaynes Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 60.5 M | 53.6 M |
Kaynes Technology Stock Technical Analysis
Kaynes Technology 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
Kaynes Technology Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Kaynes Technology India cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Kaynes Technology November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Kaynes Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kaynes Technology shares will generate the highest return on investment. By undertsting and applying Kaynes Technology stock market strength indicators, traders can identify Kaynes Technology India entry and exit signals to maximize returns
Kaynes Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kaynes Technology's price direction in advance. Along with the technical and fundamental analysis of Kaynes Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kaynes 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 | 0.0793 | |||
| Jensen Alpha | 0.1262 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0573 | |||
| Treynor Ratio | 0.2173 |
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Complementary Tools for Kaynes Stock analysis
When running Kaynes Technology's price analysis, check to measure Kaynes Technology'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 Kaynes Technology is operating at the current time. Most of Kaynes Technology's value examination focuses on studying past and present price action to predict the probability of Kaynes Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaynes Technology's price. Additionally, you may evaluate how the addition of Kaynes Technology to your portfolios can decrease your overall portfolio volatility.
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