Kineta Inc Stock Performance
| KA Stock | 0.66 0.05 8.20% |
On a scale of 0 to 100, Kineta holds a performance score of 8. The company secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kineta's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kineta is expected to be smaller as well. Please check Kineta's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Kineta's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Kineta Inc are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Kineta sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:7 | Last Split Date 2022-12-19 |
1 | Kineta Announces Exclusivity and Right of First Offer Agreement for its VISTA blocking antibody with TuHURA Biosciences | 07/08/2024 |
2 | Kineta, Inc. Short Interest Update - Defense World | 07/31/2024 |
3 | TUMI UNVEILS FALL 2024 VOYAGEUR LEATHER AND 19 DEGREE FRAME COLLECTIONS WITH CAMPAIGN STARRING GLOBAL BRAND AMBASSADOR MUN KA YOUNG | 08/14/2024 |
4 | Acquisition by Shawn Iadonato of 207000 shares of Kineta at 3.28 subject to Rule 16b-3 | 08/23/2024 |
5 | Acquisition by Arkowitz David of 12500 shares of Kineta at 0.611 subject to Rule 16b-3 | 09/04/2024 |
| Begin Period Cash Flow | 13.1 M |
Kineta |
Kineta Relative Risk vs. Return Landscape
If you would invest 48.00 in Kineta Inc on June 12, 2024 and sell it today you would earn a total of 18.00 from holding Kineta Inc or generate 37.5% return on investment over 90 days. Kineta Inc is generating 0.7459% of daily returns and assumes 6.8997% volatility on return distribution over the 90 days horizon. Put differently, 61% of stocks are less risky than Kineta on the basis of their historical return distribution, and some 86% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Kineta Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kineta's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kineta Inc, and traders can use it to determine the average amount a Kineta's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1081
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Estimated Market Risk
| 6.9 actual daily | 61 61% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Kineta is performing at about 8% of its full potential. 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 Kineta by adding it to a well-diversified portfolio.
Kineta Fundamentals Growth
Kineta Stock prices reflect investors' perceptions of the future prospects and financial health of Kineta, and Kineta fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Kineta Stock performance.
| Return On Equity | -3.69 | ||||
| Return On Asset | -1.14 | ||||
| Current Valuation | 7.89 M | ||||
| Shares Outstanding | 12.26 M | ||||
| Price To Book | 9.65 X | ||||
| Price To Sales | 1.44 X | ||||
| Revenue | 5.44 M | ||||
| Gross Profit | 9.09 M | ||||
| EBITDA | (15.71 M) | ||||
| Net Income | (14.1 M) | ||||
| Total Debt | 1.32 M | ||||
| Book Value Per Share | (0.66) X | ||||
| Cash Flow From Operations | (16.21 M) | ||||
| Earnings Per Share | (1.64) X | ||||
| Market Capitalization | 8.08 M | ||||
| Total Asset | 10.28 M | ||||
| Retained Earnings | (165.79 M) | ||||
| Working Capital | (1.09 M) | ||||
About Kineta Performance
By analyzing Kineta's fundamental ratios, stakeholders can gain valuable insights into Kineta's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Kineta has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Kineta has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (2.19) | (2.30) | |
| Return On Capital Employed | (4.90) | (4.65) | |
| Return On Assets | (1.37) | (1.44) | |
| Return On Equity | (4.88) | (5.12) |
Things to note about Kineta Inc performance evaluation
Checking the ongoing alerts about Kineta for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kineta Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kineta Inc is way too risky over 90 days horizon | |
| Kineta Inc has some characteristics of a very speculative penny stock | |
| Kineta Inc appears to be risky and price may revert if volatility continues | |
| Kineta Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company generated the yearly revenue of 5.44 M. Annual Net Loss to common stockholders was (14.1 M) with gross profit of 9.09 M. | |
| Kineta generates negative cash flow from operations | |
| Kineta Inc has a frail financial position based on the latest SEC disclosures | |
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Arkowitz David of 12500 shares of Kineta at 0.611 subject to Rule 16b-3 |
- Analyzing Kineta's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Kineta's stock is overvalued or undervalued compared to its peers.
- Examining Kineta's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Kineta's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kineta's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kineta's stock. These opinions can provide insight into Kineta's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Kineta Stock analysis
When running Kineta's price analysis, check to measure Kineta'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 Kineta is operating at the current time. Most of Kineta's value examination focuses on studying past and present price action to predict the probability of Kineta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kineta's price. Additionally, you may evaluate how the addition of Kineta to your portfolios can decrease your overall portfolio volatility.
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