Kits Eyecare Stock Price on June 26, 2024

KITS Stock  CAD 8.31  0.01  0.12%   
If you're considering investing in Kits Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kits Eyecare stands at 8.31, as last reported on the 6th of January, with the highest price reaching 8.36 and the lowest price hitting 8.30 during the day. Kits Eyecare has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Kits Eyecare exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kits Eyecare's Standard Deviation of 1.91, mean deviation of 1.49, and Risk Adjusted Performance of (0.14) to check out the risk estimate we provide.
  
Kits Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1741

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Estimated Market Risk

 1.91
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Kits Eyecare 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 Kits Eyecare by adding Kits Eyecare to a well-diversified portfolio.

Kits Eyecare Valuation on June 26, 2024

It is possible to determine the worth of Kits Eyecare on a given historical date. On June 26, 2024 Kits was worth 8.64 at the beginning of the trading date compared to the closed value of 8.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kits Eyecare stock. Still, in general, we apply an absolute valuation method to find Kits Eyecare'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 Kits Eyecare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kits Eyecare's related companies.
 Open High Low Close Volume
  8.39    8.40    8.24    8.35    10,343  
06/26/2024
  8.64    8.88    8.54    8.55    62,676  
  8.55    8.55    8.20    8.20    3,760  
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Open Value
8.64
8.55
Closing Value
14.38
Upside

Kits Eyecare Trading Date Momentum on June 26, 2024

On June 27 2024 Kits Eyecare was traded for  8.20  at the closing time. The highest price during the trading period was 8.55  and the lowest recorded bid was listed for  8.20 . The volume for the day was 3.8 K. This history from June 27, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 4.09% . The trading delta at closing time to the current price is 6.67% .

Kits Eyecare Fundamentals Correlations and Trends

By evaluating Kits Eyecare'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 Kits Eyecare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kits financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Kits Eyecare Stock history

Kits Eyecare 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 Kits is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kits Eyecare 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 Kits Eyecare stock prices may prove useful in developing a viable investing in Kits Eyecare
Kits Eyecare Ltd. operates a digital eyecare platform for eyes in the United States and Canada. The company was incorporated in 2018 and is headquartered in Vancouver, Canada. KITS EYECARE operates under Specialty Retail classification in Canada and is traded on Toronto Stock Exchange. It employs 95 people.

Kits Eyecare Stock Technical Analysis

Kits Eyecare 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.
A focus of Kits Eyecare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kits Eyecare trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Kits Eyecare Period Price Range

Low
January 6, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Kits Eyecare cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Kits Eyecare January 6, 2025 Market Strength

Market strength indicators help investors to evaluate how Kits Eyecare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kits Eyecare shares will generate the highest return on investment. By undertsting and applying Kits Eyecare stock market strength indicators, traders can identify Kits Eyecare entry and exit signals to maximize returns

Kits Eyecare Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Kits Eyecare's price direction in advance. Along with the technical and fundamental analysis of Kits Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kits 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.

Other Information on Investing in Kits Stock

Kits Eyecare financial ratios help investors to determine whether Kits Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kits with respect to the benefits of owning Kits Eyecare security.