Kernel Group Beta vs. Number Of Shares Shorted
Considering Kernel Group's profitability and operating efficiency indicators, Kernel Group Holdings may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Kernel Group's ability to earn profits and add value for shareholders.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For Kernel Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kernel Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kernel Group Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kernel Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kernel Group Holdings over time as well as its relative position and ranking within its peers.
Kernel |
Kernel Group Holdings Number Of Shares Shorted vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kernel Group's current stock value. Our valuation model uses many indicators to compare Kernel Group value to that of its competitors to determine the firm's financial worth. Kernel Group Holdings is currently regarded as number one stock in beta category among its peers. It also is currently regarded as number one stock in number of shares shorted category among its peers making about 762,731 of Number Of Shares Shorted per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Kernel Group by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Kernel Number Of Shares Shorted vs. Beta
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.
Kernel Group |
| = | 0.026 |
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.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Kernel Group |
| = | 19.83 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Kernel Number Of Shares Shorted Comparison
Kernel Group is currently under evaluation in number of shares shorted category among its peers.
Beta Analysis
As returns on the market increase, Kernel Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kernel Group is expected to be smaller as well.
Kernel Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kernel Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kernel Group will eventually generate negative long term returns. The profitability progress is the general direction of Kernel Group's change in net profit over the period of time. It can combine multiple indicators of Kernel Group, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The company was founded in 2020 and is based in San Francisco, California. Kernel Group is traded on NASDAQ Exchange in the United States.
Kernel Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kernel Group. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Kernel Group position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Kernel Group's important profitability drivers and their relationship over time.
Use Kernel Group in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kernel Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kernel Group will appreciate offsetting losses from the drop in the long position's value.Kernel Group Pair Trading
Kernel Group Holdings Pair Trading Analysis
The ability to find closely correlated positions to Kernel Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kernel Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kernel Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kernel Group Holdings to buy it.
The correlation of Kernel Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kernel Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kernel Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kernel Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Kernel Group position
In addition to having Kernel Group in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Communication Services Thematic Idea Now
Communication Services
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Services Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in Kernel Stock
If you are still planning to invest in Kernel Group Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kernel Group's history and understand the potential risks before investing.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |