Kineta Inc Stock Price on March 18, 2024
| KA Stock | 0.45 0.04 8.16% |
Below is the normalized historical share price chart for Kineta Inc extending back to February 11, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Kineta stands at 0.45, as last reported on the 19th of May, with the highest price reaching 0.49 and the lowest price hitting 0.44 during the day.
If you're considering investing in Kineta Stock, it is important to understand the factors that can impact its price. Kineta Inc has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Kineta exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kineta's Risk Adjusted Performance of (0.07), mean deviation of 7.25, and Standard Deviation of 12.28 to check out the risk estimate we provide.
At present, Kineta's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 11.6 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 9.8 M. . At present, Kineta's Price To Sales Ratio is projected to drop based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 14.58, whereas Price Earnings Ratio is forecasted to decline to (2.99). Kineta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of February 2016 | 200 Day MA 2.3218 | 50 Day MA 0.5473 |
Kineta |
Sharpe Ratio = -0.1391
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| Negative Returns | KA |
Estimated Market Risk
| 12.37 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.72 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kineta is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kineta by adding Kineta to a well-diversified portfolio.
Price Book 1.3769 | Enterprise Value Ebitda 0.0354 | Price Sales 0.7312 | Shares Float 5.8 M | Wall Street Target Price 13.5 |
Kineta Valuation on March 18, 2024
It is possible to determine the worth of Kineta on a given historical date. On March 18, 2024 Kineta was worth 0.57 at the beginning of the trading date compared to the closed value of 0.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kineta stock. Still, in general, we apply an absolute valuation method to find Kineta's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Kineta where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kineta's related companies.
| Open | High | Low | Close | Volume | |
| 0.64 | 0.67 | 0.55 | 0.55 | 224,745 | |
03/18/2024 | 0.57 | 0.63 | 0.53 | 0.56 | 79,427 |
| 0.54 | 0.57 | 0.50 | 0.54 | 52,762 |
| Backtest Kineta | | | Kineta History | | | Kineta Valuation | Previous | Next |
Kineta Trading Date Momentum on March 18, 2024
| On March 19 2024 Kineta Inc was traded for 0.54 at the closing time. The highest price during the trading period was 0.57 and the lowest recorded bid was listed for 0.50 . The volume for the day was 52.8 K. This history from March 19, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.57% . The trading delta at closing time to the current price is 5.36% . |
Kineta Inc Fundamentals Correlations and Trends
By evaluating Kineta's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kineta's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kineta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kineta Stock history
Kineta investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Kineta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kineta Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Kineta stock prices may prove useful in developing a viable investing in Kineta
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.1 M | 11.6 M | |
| Net Loss | -10.6 M | -11.2 M |
Kineta Stock Technical Analysis
Kineta 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.
Price Boundaries
Kineta Period Price Range
Low | March 18, 2024
| High |
0.57 | 0.56 |
Kineta May 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Kineta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kineta shares will generate the highest return on investment. By undertsting and applying Kineta stock market strength indicators, traders can identify Kineta Inc entry and exit signals to maximize returns
| Accumulation Distribution | 12607.46 | |||
| Daily Balance Of Power | (0.10) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.58 | |||
| Day Typical Price | 0.57 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.11) |
Kineta Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kineta's price direction in advance. Along with the technical and fundamental analysis of Kineta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kineta to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (2.01) | |||
| Total Risk Alpha | (3.62) | |||
| Treynor Ratio | (0.61) |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kineta Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Kineta Inc information on this page should be used as a complementary analysis to other Kineta's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Kineta Stock analysis
When running Kineta's price analysis, check to measure Kineta'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 Kineta is operating at the current time. Most of Kineta's value examination focuses on studying past and present price action to predict the probability of Kineta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kineta's price. Additionally, you may evaluate how the addition of Kineta to your portfolios can decrease your overall portfolio volatility.
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Is Kineta's industry 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 Kineta. If investors know Kineta 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 Kineta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.28) | Revenue Per Share 0.492 | Quarterly Revenue Growth (1.00) | Return On Assets (0.71) | Return On Equity (3.69) |
The market value of Kineta Inc is measured differently than its book value, which is the value of Kineta that is recorded on the company's balance sheet. Investors also form their own opinion of Kineta's value that differs from its market value or its book value, called intrinsic value, which is Kineta'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 Kineta's market value can be influenced by many factors that don't directly affect Kineta'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 Kineta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kineta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kineta'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.