Kyndryl Holdings Stock Market Value
| KD Stock | USD 34.82 0.51 1.49% |
| Symbol | Kyndryl |
Kyndryl Holdings Price To Book Ratio
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kyndryl Holdings. If investors know Kyndryl will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kyndryl Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 66.373 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0205 | Return On Equity (0.08) |
The market value of Kyndryl Holdings is measured differently than its book value, which is the value of Kyndryl that is recorded on the company's balance sheet. Investors also form their own opinion of Kyndryl Holdings' value that differs from its market value or its book value, called intrinsic value, which is Kyndryl Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kyndryl Holdings' market value can be influenced by many factors that don't directly affect Kyndryl Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kyndryl Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kyndryl Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kyndryl Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Kyndryl Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Kyndryl Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Kyndryl Holdings.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Kyndryl Holdings on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Kyndryl Holdings or generate 0.0% return on investment in Kyndryl Holdings over 30 days. Kyndryl Holdings is related to or competes with Cognizant Technology, WNS Holdings, CLARIVATE PLC, Broadridge Financial, CDW Corp, EPAM Systems, and International Business. Kyndryl Holdings, Inc. operates as a technology services company and IT infrastructure services provider worldwide More
Kyndryl Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Kyndryl Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Kyndryl Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.1578 | |||
| Maximum Drawdown | 15.71 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 3.41 |
Kyndryl Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kyndryl Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kyndryl Holdings' standard deviation. In reality, there are many statistical measures that can use Kyndryl Holdings historical prices to predict the future Kyndryl Holdings' volatility.| Risk Adjusted Performance | 0.1624 | |||
| Jensen Alpha | 0.3821 | |||
| Total Risk Alpha | 0.1213 | |||
| Sortino Ratio | 0.2646 | |||
| Treynor Ratio | 0.3547 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kyndryl Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Kyndryl Holdings Backtested Returns
Kyndryl Holdings appears to be not too volatile, given 3 months investment horizon. Kyndryl Holdings has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. By analyzing Kyndryl Holdings' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please exercise Kyndryl Holdings' Risk Adjusted Performance of 0.1624, mean deviation of 1.68, and Downside Deviation of 1.73 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kyndryl Holdings holds a performance score of 17. The company secures a Beta (Market Risk) of 1.63, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kyndryl Holdings will likely underperform. Please check Kyndryl Holdings' semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Kyndryl Holdings' current price movements will revert.
Auto-correlation | 0.93 |
Excellent predictability
Kyndryl Holdings has excellent predictability. Overlapping area represents the amount of predictability between Kyndryl Holdings time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kyndryl Holdings price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Kyndryl Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 7.76 |
Kyndryl Holdings lagged returns against current returns
Autocorrelation, which is Kyndryl Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Kyndryl Holdings' stock expected returns. We can calculate the autocorrelation of Kyndryl Holdings returns to help us make a trade decision. For example, suppose you find that Kyndryl Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Kyndryl Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Kyndryl Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kyndryl Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kyndryl Holdings stock over time.
Current vs Lagged Prices |
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Kyndryl Holdings Lagged Returns
When evaluating Kyndryl Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kyndryl Holdings stock have on its future price. Kyndryl Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Kyndryl Holdings autocorrelation shows the relationship between Kyndryl Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Kyndryl Holdings.
Regressed Prices |
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Also Currently Popular
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.Check out Kyndryl Holdings Correlation, Kyndryl Holdings Volatility and Kyndryl Holdings Alpha and Beta module to complement your research on Kyndryl Holdings. For information on how to trade Kyndryl Stock refer to our How to Trade Kyndryl Stock guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Kyndryl Holdings 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.