Kamada Stock Market Value
| KMDA Stock | USD 5.89 0.08 1.38% |
| Symbol | Kamada |
Kamada Price To Book Ratio
Is Biotechnology 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 Kamada. If investors know Kamada 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 Kamada 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 1 | Earnings Share 0.27 | Revenue Per Share 2.837 | Quarterly Revenue Growth 0.134 | Return On Assets 0.0316 |
The market value of Kamada is measured differently than its book value, which is the value of Kamada that is recorded on the company's balance sheet. Investors also form their own opinion of Kamada's value that differs from its market value or its book value, called intrinsic value, which is Kamada'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 Kamada's market value can be influenced by many factors that don't directly affect Kamada'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 Kamada's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kamada is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kamada'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.
Kamada '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 Kamada'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 Kamada.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Kamada on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Kamada or generate 0.0% return on investment in Kamada over 30 days. Kamada is related to or competes with Lifecore Biomedical, Shuttle Pharmaceuticals, Cumberland Pharmaceuticals, Ironwood Pharmaceuticals, Organogenesis Holdings, Akanda Corp, and Evoke Pharma. It operates in two segments, Proprietary Products and Distribution More
Kamada 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 Kamada'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 Kamada upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.76 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.43 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 3.04 |
Kamada Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kamada's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kamada's standard deviation. In reality, there are many statistical measures that can use Kamada historical prices to predict the future Kamada's volatility.| Risk Adjusted Performance | 0.0321 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0801 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kamada'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.
Kamada Backtested Returns
At this point, Kamada is not too volatile. Kamada has Sharpe Ratio of 0.0872, which conveys that the firm had a 0.0872% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kamada, which you can use to evaluate the volatility of the firm. Please verify Kamada's Downside Deviation of 1.76, risk adjusted performance of 0.0321, and Mean Deviation of 1.21 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. Kamada has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kamada's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kamada is expected to be smaller as well. Kamada right now secures a risk of 1.55%. Please verify Kamada maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if Kamada will be following its current price movements.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Kamada has insignificant reverse predictability. Overlapping area represents the amount of predictability between Kamada time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 Kamada price movement. The serial correlation of -0.19 indicates that over 19.0% of current Kamada price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kamada lagged returns against current returns
Autocorrelation, which is Kamada 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 Kamada's stock expected returns. We can calculate the autocorrelation of Kamada returns to help us make a trade decision. For example, suppose you find that Kamada 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 |
Kamada 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 Kamada stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kamada stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kamada stock over time.
Current vs Lagged Prices |
| Timeline |
Kamada Lagged Returns
When evaluating Kamada's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kamada stock have on its future price. Kamada 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, Kamada autocorrelation shows the relationship between Kamada stock current value and its past values and can show if there is a momentum factor associated with investing in Kamada.
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.When determining whether Kamada offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kamada's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kamada Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kamada Stock:Check out Kamada Correlation, Kamada Volatility and Kamada Alpha and Beta module to complement your research on Kamada. For information on how to trade Kamada Stock refer to our How to Trade Kamada Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Kamada 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.