Kingsway Financial Services Stock Price on April 30, 2024
| KFS Stock | USD 8.08 0.08 1.00% |
Below is the normalized historical share price chart for Kingsway Financial Services extending back to July 12, 2001. 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 Kingsway Financial stands at 8.08, as last reported on the 22nd of May, with the highest price reaching 8.19 and the lowest price hitting 8.00 during the day.
If you're considering investing in Kingsway Stock, it is important to understand the factors that can impact its price. Kingsway Financial has Sharpe Ratio of -0.0293, which conveys that the firm had a -0.0293% return per unit of risk over the last 3 months. Kingsway Financial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kingsway Financial's Risk Adjusted Performance of (0.02), standard deviation of 1.99, and Mean Deviation of 1.41 to check out the risk estimate we provide.
At this time, Kingsway Financial's Other Stockholder Equity is comparatively stable compared to the past year. Preferred Stock Total Equity is likely to gain to about 6.6 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 16.8 M in 2024. . At this time, Kingsway Financial's Price To Sales Ratio is comparatively stable compared to the past year. Price Sales Ratio is likely to gain to 2.07 in 2024, whereas Price Earnings Ratio is likely to drop 7.89 in 2024. Kingsway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of October 1996 | 200 Day MA 8.218 | 50 Day MA 8.467 | Beta (0.1) |
Kingsway |
Sharpe Ratio = -0.0293
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KFS |
Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kingsway Financial 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 Kingsway Financial by adding Kingsway Financial to a well-diversified portfolio.
Price Book 8.3626 | Price Sales 2.1191 | Shares Float 12.7 M | Wall Street Target Price 1 | Earnings Share (0.26) |
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Kingsway Financial Valuation on April 30, 2024
It is possible to determine the worth of Kingsway Financial on a given historical date. On April 30, 2024 Kingsway was worth 8.82 at the beginning of the trading date compared to the closed value of 8.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kingsway Financial stock. Still, in general, we apply an absolute valuation method to find Kingsway Financial'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 Kingsway Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kingsway Financial's related companies.
| Open | High | Low | Close | Volume | |
| 8.25 | 8.96 | 8.25 | 8.96 | 36,781 | |
04/30/2024 | 8.82 | 8.97 | 8.66 | 8.90 | 40,017 |
| 8.97 | 8.97 | 8.68 | 8.92 | 90,584 |
| Backtest Kingsway Financial | | | Kingsway Financial History | | | Kingsway Financial Valuation | Previous | Next |
Kingsway Financial Trading Date Momentum on April 30, 2024
| On May 01 2024 Kingsway Financial Services was traded for 8.92 at the closing time. Highest Kingsway Financial's price during the trading hours was 8.97 and the lowest price during the day was 8.68 . The net volume was 90.6 K. The overall trading history on the 1st of May contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 0.22% . The trading delta at closing time to current price is 9.55% . |
Kingsway Financial Fundamentals Correlations and Trends
By evaluating Kingsway Financial'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 Kingsway Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kingsway financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kingsway Financial Stock history
Kingsway Financial 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 Kingsway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kingsway Financial 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 Kingsway Financial stock prices may prove useful in developing a viable investing in Kingsway Financial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 26.4 M | 16.8 M | |
| Net Income Applicable To Common Shares | 22 M | 12.3 M |
Kingsway Financial Stock Technical Analysis
Kingsway Financial 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
Kingsway Financial Period Price Range
Low | April 30, 2024
| High |
8.82 | 8.90 |
Kingsway Financial May 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Kingsway Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kingsway Financial shares will generate the highest return on investment. By undertsting and applying Kingsway Financial stock market strength indicators, traders can identify Kingsway Financial Services entry and exit signals to maximize returns
| Accumulation Distribution | 1382.97 | |||
| Daily Balance Of Power | 0.2581 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 8.82 | |||
| Day Typical Price | 8.84 | |||
| Price Action Indicator | 0.13 | |||
| Period Momentum Indicator | (0.82) |
Kingsway Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kingsway Financial's price direction in advance. Along with the technical and fundamental analysis of Kingsway Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kingsway 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 | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.49) |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsway Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Kingsway Financial information on this page should be used as a complementary analysis to other Kingsway Financial'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Kingsway Stock analysis
When running Kingsway Financial's price analysis, check to measure Kingsway Financial'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 Kingsway Financial is operating at the current time. Most of Kingsway Financial's value examination focuses on studying past and present price action to predict the probability of Kingsway Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingsway Financial's price. Additionally, you may evaluate how the addition of Kingsway Financial to your portfolios can decrease your overall portfolio volatility.
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Is Kingsway Financial'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 Kingsway Financial. If investors know Kingsway 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 Kingsway Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 4.068 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0037 | Return On Equity (0.19) |
The market value of Kingsway Financial is measured differently than its book value, which is the value of Kingsway that is recorded on the company's balance sheet. Investors also form their own opinion of Kingsway Financial's value that differs from its market value or its book value, called intrinsic value, which is Kingsway Financial'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 Kingsway Financial's market value can be influenced by many factors that don't directly affect Kingsway Financial'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 Kingsway Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kingsway Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kingsway Financial'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.