Kamada Stock Market Value

KMDA Stock  USD 4.45  0.14  3.05%   
Kamada's market value is the price at which a share of Kamada stock trades on a public exchange. It measures the collective expectations of Kamada investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Kamada and determine expected loss or profit from investing in Kamada over a given investment horizon. Please see Kamada Correlation, Kamada Volatility and Kamada Alpha and Beta module to complement your research on Kamada.
Symbol


Is Kamada'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 Kamada. If investors know Kamada 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 Kamada 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
(0.75) 
Market Capitalization
199.4 M
Quarterly Revenue Growth
0.399
Return On Assets
(0.0023) 
Return On Equity
(0.06) 
The market value of Kamada is measured differently than its book value, which is the value of Kamada that is recorded on the company's balance sheet. Investors also form their own opinion of Kamada's value that differs from its market value or its book value, called intrinsic value, which is Kamada'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 Kamada's market value can be influenced by many factors that don't directly affect Kamada'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 Kamada's value and its price as these two are different measures arrived at by different means. Investors typically determine Kamada value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kamada'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.

Kamada '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 Kamada'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 Kamada.
0.00
02/07/2021
No Change 0.00  0.0 
In 1 year 11 months and 22 days
01/28/2023
0.00
If you would invest  0.00  in Kamada on February 7, 2021 and sell it all today you would earn a total of 0.00 from holding Kamada or generate 0.0% return on investment in Kamada over 720 days. Kamada is related to or competes with AstraZeneca PLC, Agilent Technologies, Cocrystal Pharma, and Acasti Pharma. It operates in two segments, Proprietary Products and Distribution More

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

Kamada Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Kamada's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kamada's standard deviation. In reality, there are many statistical measures that can use Kamada historical prices to predict the future Kamada's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Kamada'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 use the tools below to analyze the current value of Kamada in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
1.394.467.53
Details
Intrinsic
Valuation
LowReal ValueHigh
2.976.049.11
Details
1 Analysts
Consensus
LowTarget PriceHigh
11.0011.0011.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kamada. Your research has to be compared to or analyzed against Kamada's peers to derive any actionable benefits. When done correctly, Kamada's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Kamada.

Kamada Backtested Returns

We consider Kamada slightly risky. Kamada has Sharpe Ratio of 0.0081, which conveys that the firm had 0.0081% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Kamada, which you can use to evaluate the future volatility of the firm. Please verify Kamada mean deviation of 2.36, and Risk Adjusted Performance of (0.009305) to check out if the risk estimate we provide is consistent with the expected return of 0.025%.
The company secures a Beta (Market Risk) of 0.6953, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Kamada's beta means in this case. As returns on the market increase, Kamada returns are expected to increase less than the market. However, during the bear market, the loss on holding Kamada will be expected to be smaller as well. Although it is important to respect Kamada price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Kamada technical indicators, you can presently evaluate if the expected return of 0.025% will be sustainable into the future. Kamada right now secures a risk of 3.07%. Please verify Kamada maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Kamada will be following its current price movements.

Auto-correlation

    
  0.29  

Poor predictability

Kamada has poor predictability. Overlapping area represents the amount of predictability between Kamada time series from 7th of February 2021 to 2nd of February 2022 and 2nd of February 2022 to 28th of January 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kamada price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Kamada price fluctuation can be explain by its past prices.
Correlation Coefficient0.29
Spearman Rank Test-0.06
Residual Average0.0
Price Variance0.3

Kamada lagged returns against current returns

Autocorrelation, which is Kamada 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 Kamada's stock expected returns. We can calculate the autocorrelation of Kamada returns to help us make a trade decision. For example, suppose you find that Kamada stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

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

Kamada Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Kamada without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Global Correlations Now

   

Global Correlations

Find global opportunities by holding instruments from different markets
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Kamada using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Kamada Correlation, Kamada Volatility and Kamada Alpha and Beta module to complement your research on Kamada. Note that the Kamada information on this page should be used as a complementary analysis to other Kamada'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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Kamada Stock analysis

When running Kamada price analysis, check to measure Kamada'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 Kamada is operating at the current time. Most of Kamada's value examination focuses on studying past and present price action to predict the probability of Kamada's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kamada's price. Additionally, you may evaluate how the addition of Kamada to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Kamada 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 Kamada technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kamada 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...