KONE Oyj (Finland) Performance
| KNEBV Stock | EUR 48.12 0.99 2.02% |
The company secures a Beta (Market Risk) of -0.0404, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KONE Oyj are expected to decrease at a much lower rate. During the bear market, KONE Oyj is likely to outperform the market. At this point, KONE Oyj has a negative expected return of -0.0461%. Please make sure to verify KONE Oyj's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if KONE Oyj performance from the past will be repeated at future time.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days KONE Oyj has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong technical indicators, KONE Oyj is not utilizing all of its potentials. The recent stock price confusion, may contribute to short-horizon losses for the traders. ...more
| Begin Period Cash Flow | 490.4 M |
KONE |
KONE Oyj Relative Risk vs. Return Landscape
If you would invest 4,982 in KONE Oyj on September 15, 2024 and sell it today you would lose (170.00) from holding KONE Oyj or give up 3.41% of portfolio value over 90 days. KONE Oyj is generating negative expected returns and assumes 1.285% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than KONE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
KONE Oyj Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KONE Oyj's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as KONE Oyj, and traders can use it to determine the average amount a KONE Oyj'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 = -0.0359
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KNEBV |
Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KONE Oyj is not performing at its full potential. However, 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 KONE Oyj by adding KONE Oyj to a well-diversified portfolio.
KONE Oyj Fundamentals Growth
KONE Stock prices reflect investors' perceptions of the future prospects and financial health of KONE Oyj, and KONE Oyj 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 KONE Stock performance.
| Return On Equity | 0.26 | |||
| Return On Asset | 0.0715 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 25.06 B | |||
| Shares Outstanding | 441 M | |||
| Price To Earning | 31.75 X | |||
| Price To Book | 9.10 X | |||
| Price To Sales | 2.30 X | |||
| Revenue | 10.91 B | |||
| EBITDA | 1.3 B | |||
| Cash And Equivalents | 1.69 B | |||
| Cash Per Share | 3.27 X | |||
| Total Debt | 200 M | |||
| Debt To Equity | 21.60 % | |||
| Book Value Per Share | 5.49 X | |||
| Cash Flow From Operations | 531.5 M | |||
| Earnings Per Share | 1.49 X | |||
| Total Asset | 9.09 B | |||
| Retained Earnings | 1.75 B | |||
| Current Asset | 4.79 B | |||
| Current Liabilities | 4.65 B | |||
About KONE Oyj Performance
By evaluating KONE Oyj's fundamental ratios, stakeholders can gain valuable insights into KONE Oyj's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if KONE Oyj 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 KONE Oyj has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business. KONE Oyj was founded in 1910 and is headquartered in Helsinki, Finland. KONE operates under Diversified Industrials classification in Finland and is traded on Helsinki Exchange. It employs 58051 people.Things to note about KONE Oyj performance evaluation
Checking the ongoing alerts about KONE Oyj for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for KONE Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| KONE Oyj generated a negative expected return over the last 90 days | |
| About 28.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing KONE Oyj'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 KONE Oyj's stock is overvalued or undervalued compared to its peers.
- Examining KONE Oyj'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 KONE Oyj's management team can have a significant impact on its success or failure. Reviewing the track record and experience of KONE Oyj's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of KONE Oyj's stock. These opinions can provide insight into KONE Oyj's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for KONE Stock analysis
When running KONE Oyj's price analysis, check to measure KONE Oyj'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 KONE Oyj is operating at the current time. Most of KONE Oyj's value examination focuses on studying past and present price action to predict the probability of KONE Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KONE Oyj's price. Additionally, you may evaluate how the addition of KONE Oyj to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |