The company's average rating is Buy from 10 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on KKR market sentiment investors' perception of the future value of KKR. Let us look at a few aspects of KKR technical analysis.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of KKR Co LP. In general, sophisticated investors focus on analyzing KKR Co stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build KKR Co's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
KKR Co's intrinsic value. In addition to deriving basic predictive indicators for KKR Co, many experienced traders also check how macroeconomic factors affect KKR Co price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed
many market ups and downs, anticipate that the market will even out over time. This tendency of KKR Co'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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as KKR Co. Your research has to be compared to or analyzed against KKR Co's peers to derive any actionable benefits. When done correctly, KKR Co's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in KKR Co LP.
How does KKR Stands against Peers?
Analyzing KKR Co competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to KKR Co across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
KKR Co Competition DetailsKKR Co Gross Profit
KKR Co Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing KKR Co previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show KKR Co Gross Profit growth over the last 10 years. Please check KKR Co's
gross profit and other
fundamental indicators for more details.
Closer look at KKR Mean Deviation
KKR Co Inc has current Mean Deviation of 1.5. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.
Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.
Mean Deviation | = | SUM(RET DEV) N |
| = | 1.5 |
SUM | = | Summation notation |
RET DEV | = | Sum of return deviations of KKR |
N | = | Number of calculation points for selected time horizon |
Let's now compare KKR Mean Deviation to its closest peers:
| KKR | 1.4954725491276402 |
| DHIL | 1.48 |
| AB | 1.38 |
| BK | 1.39 |
| BX | 1.14 |
Our take on KKR small fall
The expected short fall is down to -1.31 as of today. KKR Co Inc currently demonstrates below-verage downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of 0.0. However, we do advice investors to further question KKR Co Inc expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.
Our Final Perspective on KKR
While some other firms in the asset management industry are either recovering or due for a correction, KKR may not be performing as strong as the other in terms of long-term growth potentials. Taking everything into account, as of the 30th of October 2020, we believe that at this point, KKR is very steady with
close to average odds of financial distress within the next 2 years. From a slightly different point of view, the entity appears to be
fairly valued. However, our current 30 days buy-or-sell advice on the enterprise is
Sell.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of KKR Co LP. Please refer to our
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