Kodiak Gas Services, Stock Market Value
| KGS Stock | 39.80 0.86 2.21% |
| Symbol | Kodiak |
Kodiak Gas Services, Price To Book Ratio
Is Oil & Gas Equipment & 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 Kodiak Gas. If investors know Kodiak 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 Kodiak Gas 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 (0.80) | Dividend Share 1.58 | Earnings Share 0.21 | Revenue Per Share 13.335 | Quarterly Revenue Growth 0.405 |
The market value of Kodiak Gas Services, is measured differently than its book value, which is the value of Kodiak that is recorded on the company's balance sheet. Investors also form their own opinion of Kodiak Gas' value that differs from its market value or its book value, called intrinsic value, which is Kodiak Gas' 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 Kodiak Gas' market value can be influenced by many factors that don't directly affect Kodiak Gas' 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 Kodiak Gas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kodiak Gas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kodiak Gas' 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.
Kodiak Gas '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 Kodiak Gas' 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 Kodiak Gas.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Kodiak Gas on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Kodiak Gas Services, or generate 0.0% return on investment in Kodiak Gas over 30 days. Kodiak Gas is related to or competes with Where Food, SunOpta, Payoneer Global, Lifevantage, Lipocine, NETGEAR, and Asure Software. Kodiak Gas is entity of United States. It is traded as Stock on NYSE exchange. More
Kodiak Gas 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 Kodiak Gas' 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 Kodiak Gas Services, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.02 | |||
| Information Ratio | 0.2068 | |||
| Maximum Drawdown | 13.35 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 4.51 |
Kodiak Gas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kodiak Gas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kodiak Gas' standard deviation. In reality, there are many statistical measures that can use Kodiak Gas historical prices to predict the future Kodiak Gas' volatility.| Risk Adjusted Performance | 0.1817 | |||
| Jensen Alpha | 0.4546 | |||
| Total Risk Alpha | 0.4247 | |||
| Sortino Ratio | 0.231 | |||
| Treynor Ratio | 0.3267 |
Kodiak Gas Services, Backtested Returns
Kodiak Gas appears to be very steady, given 3 months investment horizon. Kodiak Gas Services, 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 Kodiak Gas' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise Kodiak Gas' Downside Deviation of 2.02, mean deviation of 1.61, and Risk Adjusted Performance of 0.1817 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kodiak Gas holds a performance score of 17. The company secures a Beta (Market Risk) of 1.49, 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, Kodiak Gas will likely underperform. Please check Kodiak Gas' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Kodiak Gas' current price movements will revert.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Kodiak Gas Services, has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Kodiak Gas time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st of December 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 Kodiak Gas Services, price movement. The serial correlation of -0.73 indicates that around 73.0% of current Kodiak Gas price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 1.75 |
Kodiak Gas Services, lagged returns against current returns
Autocorrelation, which is Kodiak Gas 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 Kodiak Gas' stock expected returns. We can calculate the autocorrelation of Kodiak Gas returns to help us make a trade decision. For example, suppose you find that Kodiak Gas 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 |
Kodiak Gas 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 Kodiak Gas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kodiak Gas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kodiak Gas stock over time.
Current vs Lagged Prices |
| Timeline |
Kodiak Gas Lagged Returns
When evaluating Kodiak Gas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kodiak Gas stock have on its future price. Kodiak Gas 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, Kodiak Gas autocorrelation shows the relationship between Kodiak Gas stock current value and its past values and can show if there is a momentum factor associated with investing in Kodiak Gas Services,.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Kodiak Stock Analysis
When running Kodiak Gas' price analysis, check to measure Kodiak Gas' 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 Kodiak Gas is operating at the current time. Most of Kodiak Gas' value examination focuses on studying past and present price action to predict the probability of Kodiak Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kodiak Gas' price. Additionally, you may evaluate how the addition of Kodiak Gas to your portfolios can decrease your overall portfolio volatility.