Keycorp Stock Market Value
| KEY Stock | USD 19.48 0.04 0.20% |
| Symbol | KeyCorp |
KeyCorp Price To Book Ratio
Is Regional Banks 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 KeyCorp. If investors know KeyCorp 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 KeyCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.82 | Revenue Per Share 5.191 | Quarterly Revenue Growth (0.60) | Return On Assets 0.0008 |
The market value of KeyCorp is measured differently than its book value, which is the value of KeyCorp that is recorded on the company's balance sheet. Investors also form their own opinion of KeyCorp's value that differs from its market value or its book value, called intrinsic value, which is KeyCorp's 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 KeyCorp's market value can be influenced by many factors that don't directly affect KeyCorp's 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 KeyCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if KeyCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KeyCorp's 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.
KeyCorp '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 KeyCorp's 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 KeyCorp.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in KeyCorp on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding KeyCorp or generate 0.0% return on investment in KeyCorp over 180 days. KeyCorp is related to or competes with Affinity Bancshares, Southern California, Auburn National, BayCom Corp, Community West, First Community, and Great Southern. KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial ban... More
KeyCorp 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 KeyCorp's 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 KeyCorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.049 | |||
| Maximum Drawdown | 19.76 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 2.99 |
KeyCorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KeyCorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KeyCorp's standard deviation. In reality, there are many statistical measures that can use KeyCorp historical prices to predict the future KeyCorp's volatility.| Risk Adjusted Performance | 0.0871 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0763 | |||
| Treynor Ratio | 0.1028 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KeyCorp's 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.
KeyCorp Backtested Returns
KeyCorp appears to be not too volatile, given 3 months investment horizon. KeyCorp has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for KeyCorp, which you can use to evaluate the volatility of the firm. Please exercise KeyCorp's Mean Deviation of 1.41, downside deviation of 1.58, and Risk Adjusted Performance of 0.0871 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KeyCorp holds a performance score of 8. The company secures a Beta (Market Risk) of 2.41, 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, KeyCorp will likely underperform. Please check KeyCorp's treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to make a quick decision on whether KeyCorp's current price movements will revert.
Auto-correlation | 0.77 |
Good predictability
KeyCorp has good predictability. Overlapping area represents the amount of predictability between KeyCorp time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 KeyCorp price movement. The serial correlation of 0.77 indicates that around 77.0% of current KeyCorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 1.45 |
KeyCorp lagged returns against current returns
Autocorrelation, which is KeyCorp 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 KeyCorp's stock expected returns. We can calculate the autocorrelation of KeyCorp returns to help us make a trade decision. For example, suppose you find that KeyCorp 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 |
| Timeline |
KeyCorp 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 KeyCorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KeyCorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KeyCorp stock over time.
Current vs Lagged Prices |
| Timeline |
KeyCorp Lagged Returns
When evaluating KeyCorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KeyCorp stock have on its future price. KeyCorp 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, KeyCorp autocorrelation shows the relationship between KeyCorp stock current value and its past values and can show if there is a momentum factor associated with investing in KeyCorp.
Regressed Prices |
| Timeline |
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.Additional Tools for KeyCorp Stock Analysis
When running KeyCorp's price analysis, check to measure KeyCorp'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 KeyCorp is operating at the current time. Most of KeyCorp's value examination focuses on studying past and present price action to predict the probability of KeyCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KeyCorp's price. Additionally, you may evaluate how the addition of KeyCorp to your portfolios can decrease your overall portfolio volatility.