Korn Ferry Stock Market Value
| KFY Stock | USD 60.84 0.65 1.06% |
| Symbol | Korn |
Korn Ferry Price To Book Ratio
Is Korn Ferry'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 Korn Ferry. If investors know Korn 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 Korn Ferry 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 4.288 | Dividend Share 0.84 | Earnings Share 2.89 | Revenue Per Share 54.849 | Quarterly Revenue Growth (0.02) |
The market value of Korn Ferry is measured differently than its book value, which is the value of Korn that is recorded on the company's balance sheet. Investors also form their own opinion of Korn Ferry's value that differs from its market value or its book value, called intrinsic value, which is Korn Ferry'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 Korn Ferry's market value can be influenced by many factors that don't directly affect Korn Ferry'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 Korn Ferry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Korn Ferry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Korn Ferry'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.
Korn Ferry '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 Korn Ferry'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 Korn Ferry.
| 03/17/2024 |
| 04/16/2024 |
If you would invest 0.00 in Korn Ferry on March 17, 2024 and sell it all today you would earn a total of 0.00 from holding Korn Ferry or generate 0.0% return on investment in Korn Ferry over 30 days. Korn Ferry is related to or competes with Cass Information, Civeo Corp, Network 1, Maximus, AZZ Incorporated, CBIZ, and Rentokil Initial. Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide More
Korn Ferry 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 Korn Ferry'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 Korn Ferry upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.0596 | |||
| Maximum Drawdown | 7.72 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.36 |
Korn Ferry Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Korn Ferry's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Korn Ferry's standard deviation. In reality, there are many statistical measures that can use Korn Ferry historical prices to predict the future Korn Ferry's volatility.| Risk Adjusted Performance | 0.0703 | |||
| Jensen Alpha | 0.0621 | |||
| Total Risk Alpha | 0.0175 | |||
| Sortino Ratio | 0.0542 | |||
| Treynor Ratio | 0.0954 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Korn Ferry'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.
Korn Ferry Backtested Returns
We consider Korn Ferry very steady. Korn Ferry has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Korn Ferry, which you can use to evaluate the volatility of the firm. Please verify Korn Ferry's Risk Adjusted Performance of 0.0703, mean deviation of 1.07, and Downside Deviation of 1.59 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Korn Ferry has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.45, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Korn Ferry will likely underperform. Korn Ferry right now secures a risk of 1.47%. Please verify Korn Ferry potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Korn Ferry will be following its current price movements.
Auto-correlation | -0.67 |
Very good reverse predictability
Korn Ferry has very good reverse predictability. Overlapping area represents the amount of predictability between Korn Ferry time series from 17th of March 2024 to 1st of April 2024 and 1st of April 2024 to 16th of April 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 Korn Ferry price movement. The serial correlation of -0.67 indicates that around 67.0% of current Korn Ferry price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.93 |
Korn Ferry lagged returns against current returns
Autocorrelation, which is Korn Ferry 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 Korn Ferry's stock expected returns. We can calculate the autocorrelation of Korn Ferry returns to help us make a trade decision. For example, suppose you find that Korn Ferry 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 |
Korn Ferry 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 Korn Ferry stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Korn Ferry stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Korn Ferry stock over time.
Current vs Lagged Prices |
| Timeline |
Korn Ferry Lagged Returns
When evaluating Korn Ferry's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Korn Ferry stock have on its future price. Korn Ferry 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, Korn Ferry autocorrelation shows the relationship between Korn Ferry stock current value and its past values and can show if there is a momentum factor associated with investing in Korn Ferry.
Regressed Prices |
| Timeline |
Korn Ferry Investors Sentiment
The influence of Korn Ferry's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Korn. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Korn Ferry's public news can be used to forecast risks associated with an investment in Korn. The trend in average sentiment can be used to explain how an investor holding Korn can time the market purely based on public headlines and social activities around Korn Ferry. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Korn Ferry's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Korn Ferry's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Korn Ferry's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Korn Ferry.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Korn Ferry in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Korn Ferry's short interest history, or implied volatility extrapolated from Korn Ferry options trading.
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Try AI Portfolio ArchitectCheck out Korn Ferry Correlation, Korn Ferry Volatility and Korn Ferry Alpha and Beta module to complement your research on Korn Ferry. For more information on how to buy Korn Stock please use our How to Invest in Korn Ferry guide.Note that the Korn Ferry information on this page should be used as a complementary analysis to other Korn Ferry'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Korn Stock analysis
When running Korn Ferry's price analysis, check to measure Korn Ferry'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 Korn Ferry is operating at the current time. Most of Korn Ferry's value examination focuses on studying past and present price action to predict the probability of Korn Ferry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korn Ferry's price. Additionally, you may evaluate how the addition of Korn Ferry to your portfolios can decrease your overall portfolio volatility.
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Korn Ferry 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.