Kaiser Aluminum Stock Technical Analysis
KALU Stock | USD 89.96 0.51 0.56% |
As of the 18th of April 2024, Kaiser Aluminum secures the Mean Deviation of 1.75, downside deviation of 2.22, and Risk Adjusted Performance of 0.165. Kaiser Aluminum technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Kaiser Aluminum, which can be compared to its peers in the industry. Please verify Kaiser Aluminum downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Kaiser Aluminum is priced some-what accurately, providing market reflects its recent price of 89.96 per share. Given that Kaiser Aluminum has jensen alpha of 0.4411, we recommend you to check Kaiser Aluminum's last-minute market performance to make sure the company can sustain itself at a future point.
Kaiser Aluminum Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kaiser, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KaiserKaiser |
Kaiser Aluminum Analyst Consensus
Target Price | Advice | # of Analysts | |
74.5 | Hold | 4 | Odds |
Most Kaiser analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Kaiser stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Kaiser Aluminum, talking to its executives and customers, or listening to Kaiser conference calls.
Kaiser Aluminum 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.
Kaiser Aluminum Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Kaiser Aluminum volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Kaiser Aluminum Trend Analysis
Use this graph to draw trend lines for Kaiser Aluminum. You can use it to identify possible trend reversals for Kaiser Aluminum as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Kaiser Aluminum price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Kaiser Aluminum Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Kaiser Aluminum applied against its price change over selected period. The best fit line has a slop of 0.55 , which means Kaiser Aluminum will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11316.63, which is the sum of squared deviations for the predicted Kaiser Aluminum price change compared to its average price change.About Kaiser Aluminum Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Kaiser Aluminum on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Kaiser Aluminum based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kaiser Aluminum price pattern first instead of the macroeconomic environment surrounding Kaiser Aluminum. By analyzing Kaiser Aluminum's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Kaiser Aluminum's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Kaiser Aluminum specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0314 | 0.0415 | 0.0443 | Price To Sales Ratio | 0.57 | 0.35 | 0.37 |
Kaiser Aluminum April 18, 2024 Technical Indicators
Most technical analysis of Kaiser help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Kaiser from various momentum indicators to cycle indicators. When you analyze Kaiser charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.165 | |||
Market Risk Adjusted Performance | 0.2341 | |||
Mean Deviation | 1.75 | |||
Semi Deviation | 1.92 | |||
Downside Deviation | 2.22 | |||
Coefficient Of Variation | 399.57 | |||
Standard Deviation | 2.25 | |||
Variance | 5.07 | |||
Information Ratio | 0.2256 | |||
Jensen Alpha | 0.4411 | |||
Total Risk Alpha | 0.3911 | |||
Sortino Ratio | 0.2285 | |||
Treynor Ratio | 0.2241 | |||
Maximum Drawdown | 10.3 | |||
Value At Risk | (3.15) | |||
Potential Upside | 3.61 | |||
Downside Variance | 4.94 | |||
Semi Variance | 3.69 | |||
Expected Short fall | (2.02) | |||
Skewness | (0.28) | |||
Kurtosis | 0.7892 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaiser Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Kaiser Stock please use our How to Invest in Kaiser Aluminum guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Kaiser Stock analysis
When running Kaiser Aluminum's price analysis, check to measure Kaiser Aluminum'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 Kaiser Aluminum is operating at the current time. Most of Kaiser Aluminum's value examination focuses on studying past and present price action to predict the probability of Kaiser Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaiser Aluminum's price. Additionally, you may evaluate how the addition of Kaiser Aluminum to your portfolios can decrease your overall portfolio volatility.
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |
Is Kaiser Aluminum'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 Kaiser Aluminum. If investors know Kaiser 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 Kaiser Aluminum 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 1.151 | Dividend Share 3.08 | Earnings Share 2.92 | Revenue Per Share 193.046 | Quarterly Revenue Growth (0.07) |
The market value of Kaiser Aluminum is measured differently than its book value, which is the value of Kaiser that is recorded on the company's balance sheet. Investors also form their own opinion of Kaiser Aluminum's value that differs from its market value or its book value, called intrinsic value, which is Kaiser Aluminum'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 Kaiser Aluminum's market value can be influenced by many factors that don't directly affect Kaiser Aluminum'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 Kaiser Aluminum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kaiser Aluminum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kaiser Aluminum'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.