Kelso Technologies Stock Price on April 6, 2021
KIQ Stock | USD 0.08 0.01 14.29% |
If you're considering investing in Kelso Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kelso Technologies stands at 0.08, as last reported on the 19th of April, with the highest price reaching 0.14 and the lowest price hitting 0.07 during the day. Kelso Technologies has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Kelso Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kelso Technologies' Standard Deviation of 8.77, risk adjusted performance of (0.07), and Mean Deviation of 5.0 to check out the risk estimate we provide.
Kelso Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kelso |
Sharpe Ratio = -0.1278
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Estimated Market Risk
8.77 actual daily | 77 77% of assets are less volatile |
Expected Return
-1.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kelso Technologies 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 Kelso Technologies by adding Kelso Technologies to a well-diversified portfolio.
Kelso Technologies Valuation on April 6, 2021
It is possible to determine the worth of Kelso Technologies on a given historical date. On April 6, 2021 Kelso was worth 0.47 at the beginning of the trading date compared to the closed value of 0.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kelso Technologies stock. Still, in general, we apply an absolute valuation method to find Kelso Technologies' 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 Kelso Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kelso Technologies' related companies.
Open | High | Low | Close | Volume | |
04/04/2022 | 0.47 | 0.48 | 0.46 | 0.48 | 41,500 |
0.48 | 0.49 | 0.46 | 0.47 | 118,800 |
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Kelso Technologies Trading Date Momentum on April 6, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Kelso Technologies Fundamentals Correlations and Trends
By evaluating Kelso Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kelso Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kelso financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kelso Technologies Stock history
Kelso Technologies 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 Kelso is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kelso Technologies 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 Kelso Technologies stock prices may prove useful in developing a viable investing in Kelso Technologies
Kelso Technologies Inc. develops, produces, and distributes proprietary equipment used in transportation applications in the United States and Canada. Kelso Technologies Inc. was incorporated in 1987 and is headquartered in Surrey, Canada. Kelso Technologies is traded on AMEX Exchange in the United States.
Kelso Technologies Stock Technical Analysis
Kelso Technologies 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
Kelso Technologies Period Price Range
Low | April 4, 2022
| High |
0.47 | 0.48 |
Kelso Technologies April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Kelso Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kelso Technologies shares will generate the highest return on investment. By undertsting and applying Kelso Technologies stock market strength indicators, traders can identify Kelso Technologies entry and exit signals to maximize returns
Kelso Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kelso Technologies' price direction in advance. Along with the technical and fundamental analysis of Kelso Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kelso 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 | (0.82) | |||
Total Risk Alpha | (1.96) | |||
Treynor Ratio | 0.213 |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Kelso Stock analysis
When running Kelso Technologies' price analysis, check to measure Kelso Technologies' 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 Kelso Technologies is operating at the current time. Most of Kelso Technologies' value examination focuses on studying past and present price action to predict the probability of Kelso Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kelso Technologies' price. Additionally, you may evaluate how the addition of Kelso Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Kelso Technologies' 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 Kelso Technologies. If investors know Kelso 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 Kelso Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Kelso Technologies is measured differently than its book value, which is the value of Kelso that is recorded on the company's balance sheet. Investors also form their own opinion of Kelso Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kelso Technologies' 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 Kelso Technologies' market value can be influenced by many factors that don't directly affect Kelso Technologies' 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 Kelso Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kelso Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kelso Technologies' 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.