Kennedy Wilson Correlations

KW Stock  USD 10.40  0.07  0.67%   
The correlation of Kennedy Wilson 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 Kennedy Wilson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kennedy Wilson 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.

Average diversification

The correlation between Kennedy Wilson Holdings and NYA is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kennedy Wilson Holdings and NYA in the same portfolio, assuming nothing else is changed.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennedy Wilson Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
  
The ability to find closely correlated positions to Kennedy Wilson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kennedy Wilson 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 Kennedy Wilson - 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 Kennedy Wilson Holdings to buy it.

Moving together with Kennedy Stock

  0.75VRE Veris ResidentialPairCorr
  0.62STRW Strawberry Fields REITPairCorr

Moving against Kennedy Stock

  0.54LSEA Landsea Homes CorpPairCorr
  0.47AAMC Altisource Asset ManPairCorr
  0.46SGD Safe and Green Symbol ChangePairCorr
  0.44HTIA Healthcare TrustPairCorr
  0.43SQFT Presidio Property Trust Financial Report 20th of May 2024 PairCorr
  0.58PK Park Hotels ResortsPairCorr

Related Correlations Analysis

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
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ARLLSEA
ARLAXR
LSEAAEI
SNLAYBAYP
  
High negative correlations   
ARLBAYP
BAYPAXR
BAYPLSEA
BAYPAEI
SNLAYLSEA
SNLAYAXR

Risk-Adjusted Indicators

There is a big difference between Kennedy Stock performing well and Kennedy Wilson Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Kennedy Wilson's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Kennedy Wilson without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Kennedy Wilson Corporate Directors

Kennedy Wilson corporate directors refer to members of a Kennedy Wilson board of directors. The board of directors generally takes responsibility for the Kennedy Wilson's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Kennedy Wilson's board members must vote for the resolution. The Kennedy Wilson board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard BoucherIndependent DirectorProfile
Norman CreightonIndependent DirectorProfile
Sanaz ZaimiIndependent DirectorProfile
Cathy HendricksonIndependent DirectorProfile

Already Invested in Kennedy Wilson Holdings?

The danger of trading Kennedy Wilson Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Kennedy Wilson is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Kennedy Wilson. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kennedy Wilson Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Kennedy Wilson Holdings is a strong investment it is important to analyze Kennedy Wilson's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kennedy Wilson's future performance. For an informed investment choice regarding Kennedy Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennedy Wilson Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Kennedy Wilson's price analysis, check to measure Kennedy Wilson'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 Kennedy Wilson is operating at the current time. Most of Kennedy Wilson's value examination focuses on studying past and present price action to predict the probability of Kennedy Wilson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kennedy Wilson's price. Additionally, you may evaluate how the addition of Kennedy Wilson to your portfolios can decrease your overall portfolio volatility.
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Is Kennedy Wilson'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 Kennedy Wilson. If investors know Kennedy 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 Kennedy Wilson 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
(0.40)
Dividend Share
0.96
Earnings Share
(1.97)
Revenue Per Share
3.821
Quarterly Revenue Growth
(0.06)
The market value of Kennedy Wilson Holdings is measured differently than its book value, which is the value of Kennedy that is recorded on the company's balance sheet. Investors also form their own opinion of Kennedy Wilson's value that differs from its market value or its book value, called intrinsic value, which is Kennedy Wilson'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 Kennedy Wilson's market value can be influenced by many factors that don't directly affect Kennedy Wilson'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 Kennedy Wilson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kennedy Wilson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kennedy Wilson'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.