Kellanova Stock Market Value

K Stock  USD 56.54  0.47  0.84%   
Kellanova's market value is the price at which a share of Kellanova trades on a public exchange. It measures the collective expectations of Kellanova investors about its performance. Kellanova is selling for 56.54 as of the 19th of April 2024. This is a 0.84 percent up since the beginning of the trading day. The stock's last reported lowest price was 56.12.
With this module, you can estimate the performance of a buy and hold strategy of Kellanova and determine expected loss or profit from investing in Kellanova over a given investment horizon. Check out Kellanova Correlation, Kellanova Volatility and Kellanova Alpha and Beta module to complement your research on Kellanova.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.
Symbol

Kellanova Price To Book Ratio

Is Kellanova'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 Kellanova. If investors know Kellanova 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 Kellanova 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
(0.13)
Dividend Share
2.34
Earnings Share
2.25
Revenue Per Share
38.359
Quarterly Revenue Growth
(0.17)
The market value of Kellanova is measured differently than its book value, which is the value of Kellanova that is recorded on the company's balance sheet. Investors also form their own opinion of Kellanova's value that differs from its market value or its book value, called intrinsic value, which is Kellanova'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 Kellanova's market value can be influenced by many factors that don't directly affect Kellanova'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 Kellanova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kellanova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kellanova'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.

Kellanova '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 Kellanova'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 Kellanova.
0.00
10/22/2023
No Change 0.00  0.0 
In 5 months and 30 days
04/19/2024
0.00
If you would invest  0.00  in Kellanova on October 22, 2023 and sell it all today you would earn a total of 0.00 from holding Kellanova or generate 0.0% return on investment in Kellanova over 180 days. Kellanova is related to or competes with Greenlane Holdings, 22nd Century, Pyxus International, and Japan Tobacco. Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods More

Kellanova 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 Kellanova'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 Kellanova upside and downside potential and time the market with a certain degree of confidence.

Kellanova Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Kellanova's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kellanova's standard deviation. In reality, there are many statistical measures that can use Kellanova historical prices to predict the future Kellanova's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kellanova'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.
Hype
Prediction
LowEstimatedHigh
55.3256.5457.76
Details
Intrinsic
Valuation
LowRealHigh
50.7952.0162.19
Details
Naive
Forecast
LowNextHigh
53.0354.2555.48
Details
20 Analysts
Consensus
LowTargetHigh
56.7762.3869.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kellanova. Your research has to be compared to or analyzed against Kellanova's peers to derive any actionable benefits. When done correctly, Kellanova'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 Kellanova.

Kellanova Backtested Returns

We consider Kellanova very steady. Kellanova has Sharpe Ratio of 0.0752, which conveys that the firm had a 0.0752% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kellanova, which you can use to evaluate the volatility of the firm. Please verify Kellanova's Downside Deviation of 1.19, risk adjusted performance of 0.0422, and Mean Deviation of 0.9835 to check out if the risk estimate we provide is consistent with the expected return of 0.0918%. Kellanova has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.54, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kellanova's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kellanova is expected to be smaller as well. Kellanova right now secures a risk of 1.22%. Please verify Kellanova semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Kellanova will be following its current price movements.

Auto-correlation

    
  0.54  

Modest predictability

Kellanova has modest predictability. Overlapping area represents the amount of predictability between Kellanova time series from 22nd of October 2023 to 20th of January 2024 and 20th of January 2024 to 19th 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 Kellanova price movement. The serial correlation of 0.54 indicates that about 54.0% of current Kellanova price fluctuation can be explain by its past prices.
Correlation Coefficient0.54
Spearman Rank Test0.53
Residual Average0.0
Price Variance1.51

Kellanova lagged returns against current returns

Autocorrelation, which is Kellanova 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 Kellanova's stock expected returns. We can calculate the autocorrelation of Kellanova returns to help us make a trade decision. For example, suppose you find that Kellanova 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  

Kellanova 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 Kellanova stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kellanova stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kellanova stock over time.
   Current vs Lagged Prices   
       Timeline  

Kellanova Lagged Returns

When evaluating Kellanova's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kellanova stock have on its future price. Kellanova 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, Kellanova autocorrelation shows the relationship between Kellanova stock current value and its past values and can show if there is a momentum factor associated with investing in Kellanova.
   Regressed Prices   
       Timeline  

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When determining whether Kellanova is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kellanova Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kellanova Stock. Highlighted below are key reports to facilitate an investment decision about Kellanova Stock:
Check out Kellanova Correlation, Kellanova Volatility and Kellanova Alpha and Beta module to complement your research on Kellanova.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Kellanova Stock analysis

When running Kellanova's price analysis, check to measure Kellanova'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 Kellanova is operating at the current time. Most of Kellanova's value examination focuses on studying past and present price action to predict the probability of Kellanova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kellanova's price. Additionally, you may evaluate how the addition of Kellanova to your portfolios can decrease your overall portfolio volatility.
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Kellanova 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.
A focus of Kellanova technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kellanova trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...