Kinea Indices Precos Fund Beta
| KNIP11 Fund | BRL 88.32 0.13 0.15% |
Kinea Indices Precos fundamentals help investors to digest information that contributes to Kinea Indices' financial success or failures. It also enables traders to predict the movement of Kinea Fund. The fundamental analysis module provides a way to measure Kinea Indices' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kinea Indices fund.
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Kinea Indices Precos Fund Beta Analysis
Kinea Indices' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Kinea Indices Precos has a Beta of 0.0. This is 100.0% lower than that of the Financial family and 100.0% lower than that of the REIT - Diversified category. The beta for all Brazil funds is 100.0% lower than that of the firm.
Kinea Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kinea Indices' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Kinea Indices could also be used in its relative valuation, which is a method of valuing Kinea Indices by comparing valuation metrics of similar companies.Kinea Indices is currently under evaluation in beta among similar funds.
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About Kinea Indices Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kinea Indices Precos's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kinea Indices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kinea Indices Precos based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Kinea Fund
Kinea Indices financial ratios help investors to determine whether Kinea Fund 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 Kinea with respect to the benefits of owning Kinea Indices security.
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