KEYENCE OTC Stock Performance

KYCCF -  USA Stock  

USD 619.86  13.54  2.14%

KEYENCE CORP has performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.4353, which conveys possible diversification benefits within a given portfolio. Let's try to break down what KEYENCE's beta means in this case. As returns on the market increase, KEYENCE CORP returns are expected to increase less than the market. However, during the bear market, the loss on holding KEYENCE CORP will be expected to be smaller as well. Although it is extremely important to respect KEYENCE CORP price patterns, it is better to be realistic regarding the information on equity historical price patterns. The approach into 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 inspecting KEYENCE CORP technical indicators, you can now evaluate if the expected return of 0.13% will be sustainable into the future. KEYENCE CORP currently secures a risk of 1.9%. Please verify KEYENCE CORP jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if KEYENCE CORP will be following its current price movements.

KEYENCE O TC Stock Performance 

 
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KEYENCE Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in KEYENCE CORP are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak fundamental indicators, KEYENCE CORP may actually be approaching a critical reversion point that can send shares even higher in December 2021. ...more

KEYENCE Price Channel

Quick Ratio13.71
Fifty Two Week Low437.00
Fifty Two Week High711.32
Trailing Annual Dividend Yield31.36%

KEYENCE CORP Relative Risk vs. Return Landscape

If you would invest  36,281  in KEYENCE CORP on August 30, 2021 and sell it today you would earn a total of  25,705  from holding KEYENCE CORP or generate 70.85% return on investment over 90 days. KEYENCE CORP is currently producing 0.1256% returns and takes up 1.8972% volatility of returns over 90 trading days. Put another way, 16% of traded otc stocks are less volatile than KEYENCE, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon KEYENCE CORP is expected to generate 1.1 times more return on investment than the market. However, the company is 1.1 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

KEYENCE CORP Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for KEYENCE CORP's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as KEYENCE CORP, and traders can use it to determine the average amount a KEYENCE CORP'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 = 0.0662

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Estimated Market Risk
 1.9
  actual daily
 
 16 %
of total potential
 
1616
Expected Return
 0.13
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 2 %
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22
Risk-Adjusted Return
 0.07
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 4 %
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Based on monthly moving average KEYENCE CORP is performing at about 4% 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 KEYENCE CORP by adding it to a well-diversified portfolio.

About KEYENCE CORP Performance

To evaluate KEYENCE CORP OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when KEYENCE CORP generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare KEYENCE OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand KEYENCE CORP stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents KEYENCE's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Keyence Corporation, together with its subsidiaries, develops, manufactures, and sells factory automation solutions worldwide. Keyence Corporation was founded in 1972 and is headquartered in Osaka, Japan. KEYENCE CORP operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 8380 people.

Things to note about KEYENCE CORP

Checking the ongoing alerts about KEYENCE CORP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KEYENCE CORP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

KEYENCE CORP Alerts

Equity Alerts and Improvement Suggestions

About 23.0% of the company outstanding shares are owned by corporate insiders
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Please see Stocks Correlation. Note that the KEYENCE CORP information on this page should be used as a complementary analysis to other KEYENCE CORP'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running KEYENCE CORP price analysis, check to measure KEYENCE CORP'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 KEYENCE CORP is operating at the current time. Most of KEYENCE CORP's value examination focuses on studying past and present price action to predict the probability of KEYENCE CORP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move KEYENCE CORP's price. Additionally, you may evaluate how the addition of KEYENCE CORP to your portfolios can decrease your overall portfolio volatility.
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Is KEYENCE CORP'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 KEYENCE CORP. If investors know KEYENCE 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 KEYENCE CORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of KEYENCE CORP is measured differently than its book value, which is the value of KEYENCE that is recorded on the company's balance sheet. Investors also form their own opinion of KEYENCE CORP's value that differs from its market value or its book value, called intrinsic value, which is KEYENCE CORP'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 KEYENCE CORP's market value can be influenced by many factors that don't directly affect KEYENCE CORP'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 KEYENCE CORP's value and its price as these two are different measures arrived at by different means. Investors typically determine KEYENCE CORP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KEYENCE CORP'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.