Kellanova Stock Alpha and Beta Analysis

K Stock  USD 57.52  1.21  2.06%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Kellanova. It also helps investors analyze the systematic and unsystematic risks associated with investing in Kellanova over a specified time horizon. Remember, high Kellanova's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Kellanova's market risk premium analysis include:
Beta
0.53
Alpha
0.043
Risk
1.55
Sharpe Ratio
0.0727
Expected Return
0.11
Please note that although Kellanova alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Kellanova did 0.04  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Kellanova stock's relative risk over its benchmark. Kellanova has a beta of 0.53  . 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. At this time, Kellanova's Book Value Per Share is quite stable compared to the past year. Price Book Value Ratio is expected to rise to 7.00 this year, although Enterprise Value Multiple will most likely fall to 9.88.

Kellanova Quarterly Cash And Equivalents

1.1 Billion

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Kellanova Backtesting, Kellanova Valuation, Kellanova Correlation, Kellanova Hype Analysis, Kellanova Volatility, Kellanova History and analyze Kellanova Performance.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.

Kellanova Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Kellanova market risk premium is the additional return an investor will receive from holding Kellanova long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Kellanova. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Kellanova's performance over market.
α0.04   β0.53

Kellanova expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Kellanova's Buy-and-hold return. Our buy-and-hold chart shows how Kellanova performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Kellanova Market Price Analysis

Market price analysis indicators help investors to evaluate how Kellanova stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kellanova shares will generate the highest return on investment. By understating and applying Kellanova stock market price indicators, traders can identify Kellanova position entry and exit signals to maximize returns.

Kellanova Return and Market Media

The median price of Kellanova for the period between Wed, Mar 20, 2024 and Tue, Jun 18, 2024 is 57.05 with a coefficient of variation of 4.77. The daily time series for the period is distributed with a sample standard deviation of 2.74, arithmetic mean of 57.34, and mean deviation of 2.35. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
 
Kellanova dividend paid on 15th of March 2024
03/15/2024
1
Disposition of 77800 shares by Kellogg W K Foundation Trust of Kellanova at 55.6104 subject to Rule 16b-3
03/28/2024
2
GoodShip Secures 8M Series A Led by Bessemer Venture Partners to Scale Freight Orchestration and Procurement Platform
05/16/2024
3
Kelloggs recalls chocolate Corn Flakes over potential choking hazard
05/23/2024
4
Family was bedside at time of death Wichita man dies in motorcycle accident
05/30/2024
5
Bunker Hill Exploration From Discovery to Delivery
06/04/2024
6
With EMS response times lagging in west Wichita, county plans to build a new Post 1
06/05/2024
7
Lane closures, delays coming for some Kellogg commuters. Heres when and where
06/07/2024
8
SpartanNash Hosts Mass Volunteer Event, Boxing 500,000 Donated Meals for Disaster Relief
06/11/2024
9
Consortium Welcomes Its 4th Member From The M7 In The Last 4 Years
06/12/2024
10
Field Reports Skiers body recovered at Mount Rainier National Park
06/13/2024
 
Kellanova dividend paid on 14th of June 2024
06/14/2024

About Kellanova Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Kellanova or other stocks. Alpha measures the amount that position in Kellanova has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2016 2022 2023 (projected)
Dividend Yield0.02960.0350.0315
Price To Sales Ratio1.861.491.71

Kellanova Upcoming Company Events

As portrayed in its financial statements, the presentation of Kellanova's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kellanova's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Kellanova's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Kellanova. Please utilize our Beneish M Score to check the likelihood of Kellanova's management manipulating its earnings.
8th of February 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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8th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Additional Information and Resources on Investing in Kellanova Stock

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 Backtesting, Kellanova Valuation, Kellanova Correlation, Kellanova Hype Analysis, Kellanova Volatility, Kellanova History and analyze Kellanova Performance.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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...