Keycorp Stock Market Value
KEY Stock | USD 14.72 0.08 0.55% |
Symbol | KeyCorp |
KeyCorp Price To Book Ratio
Is KeyCorp'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 KeyCorp. If investors know KeyCorp 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 KeyCorp 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 (0.34) | Dividend Share 0.82 | Earnings Share 0.78 | Revenue Per Share 6.193 | Quarterly Revenue Growth (0.09) |
The market value of KeyCorp is measured differently than its book value, which is the value of KeyCorp that is recorded on the company's balance sheet. Investors also form their own opinion of KeyCorp's value that differs from its market value or its book value, called intrinsic value, which is KeyCorp'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 KeyCorp's market value can be influenced by many factors that don't directly affect KeyCorp'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 KeyCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if KeyCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KeyCorp'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.
KeyCorp '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 KeyCorp'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 KeyCorp.
07/28/2023 |
| 04/23/2024 |
If you would invest 0.00 in KeyCorp on July 28, 2023 and sell it all today you would earn a total of 0.00 from holding KeyCorp or generate 0.0% return on investment in KeyCorp over 270 days. KeyCorp is related to or competes with HMN Financial, Lake Shore, and Rhinebeck Bancorp. KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial ban... More
KeyCorp 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 KeyCorp'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 KeyCorp upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.87 | |||
Information Ratio | 0.0561 | |||
Maximum Drawdown | 10.05 | |||
Value At Risk | (3.11) | |||
Potential Upside | 3.36 |
KeyCorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KeyCorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KeyCorp's standard deviation. In reality, there are many statistical measures that can use KeyCorp historical prices to predict the future KeyCorp's volatility.Risk Adjusted Performance | 0.0698 | |||
Jensen Alpha | 0.0528 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | 0.0579 | |||
Treynor Ratio | 0.1104 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KeyCorp'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.
KeyCorp Backtested Returns
We consider KeyCorp not too volatile. KeyCorp has Sharpe Ratio of 0.0384, which conveys that the firm had a 0.0384% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for KeyCorp, which you can use to evaluate the volatility of the firm. Please verify KeyCorp's Mean Deviation of 1.46, risk adjusted performance of 0.0698, and Downside Deviation of 1.87 to check out if the risk estimate we provide is consistent with the expected return of 0.0702%. KeyCorp has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.7, 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, KeyCorp will likely underperform. KeyCorp right now secures a risk of 1.83%. Please verify KeyCorp treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to decide if KeyCorp will be following its current price movements.
Auto-correlation | 0.10 |
Insignificant predictability
KeyCorp has insignificant predictability. Overlapping area represents the amount of predictability between KeyCorp time series from 28th of July 2023 to 10th of December 2023 and 10th of December 2023 to 23rd 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 KeyCorp price movement. The serial correlation of 0.1 indicates that less than 10.0% of current KeyCorp price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.1 | |
Spearman Rank Test | 0.05 | |
Residual Average | 0.0 | |
Price Variance | 0.34 |
KeyCorp lagged returns against current returns
Autocorrelation, which is KeyCorp 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 KeyCorp's stock expected returns. We can calculate the autocorrelation of KeyCorp returns to help us make a trade decision. For example, suppose you find that KeyCorp 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 |
KeyCorp 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 KeyCorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KeyCorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KeyCorp stock over time.
Current vs Lagged Prices |
Timeline |
KeyCorp Lagged Returns
When evaluating KeyCorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KeyCorp stock have on its future price. KeyCorp 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, KeyCorp autocorrelation shows the relationship between KeyCorp stock current value and its past values and can show if there is a momentum factor associated with investing in KeyCorp.
Regressed Prices |
Timeline |
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Try AI Portfolio ArchitectCheck out KeyCorp Correlation, KeyCorp Volatility and KeyCorp Alpha and Beta module to complement your research on KeyCorp. For more information on how to buy KeyCorp Stock please use our How to Invest in KeyCorp guide.Note that the KeyCorp information on this page should be used as a complementary analysis to other KeyCorp'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for KeyCorp Stock analysis
When running KeyCorp's price analysis, check to measure KeyCorp'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 KeyCorp is operating at the current time. Most of KeyCorp's value examination focuses on studying past and present price action to predict the probability of KeyCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KeyCorp's price. Additionally, you may evaluate how the addition of KeyCorp to your portfolios can decrease your overall portfolio volatility.
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KeyCorp 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.