Krispy Kreme Stock Market Value
| DNUT Stock | USD 13.01 0.07 0.54% |
| Symbol | Krispy |
Krispy Kreme Price To Book Ratio
Is Krispy Kreme'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 Krispy Kreme. If investors know Krispy 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 Krispy Kreme listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.14 | Earnings Share (0.23) | Revenue Per Share 10.019 | Quarterly Revenue Growth 0.114 | Return On Assets 0.0062 |
The market value of Krispy Kreme is measured differently than its book value, which is the value of Krispy that is recorded on the company's balance sheet. Investors also form their own opinion of Krispy Kreme's value that differs from its market value or its book value, called intrinsic value, which is Krispy Kreme'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 Krispy Kreme's market value can be influenced by many factors that don't directly affect Krispy Kreme'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 Krispy Kreme's value and its price as these two are different measures arrived at by different means. Investors typically determine if Krispy Kreme is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Krispy Kreme'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.
Krispy Kreme 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Krispy Kreme's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Krispy Kreme.
| 04/11/2024 |
| 05/11/2024 |
If you would invest 0.00 in Krispy Kreme on April 11, 2024 and sell it all today you would earn a total of 0.00 from holding Krispy Kreme or generate 0.0% return on investment in Krispy Kreme over 30 days. Krispy Kreme is related to or competes with Sendas Distribuidora, Natural Grocers, Sprouts Farmers, Albertsons Companies, Ingles Markets, Kroger, and Grocery Outlet. Krispy Kreme, Inc., together with its subsidiaries, operates through an omni-channel business model to provide doughnut ... More
Krispy Kreme Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Krispy Kreme's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Krispy Kreme upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.02 | |||
| Information Ratio | 0.0014 | |||
| Maximum Drawdown | 50.79 | |||
| Value At Risk | (4.79) | |||
| Potential Upside | 2.42 |
Krispy Kreme Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Krispy Kreme's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Krispy Kreme's standard deviation. In reality, there are many statistical measures that can use Krispy Kreme historical prices to predict the future Krispy Kreme's volatility.| Risk Adjusted Performance | 0.0191 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.0025 | |||
| Treynor Ratio | 0.0652 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Krispy Kreme's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Krispy Kreme Backtested Returns
We consider Krispy Kreme somewhat reliable. Krispy Kreme has Sharpe Ratio of 0.0071, which conveys that the firm had a 0.0071% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Krispy Kreme, which you can use to evaluate the volatility of the firm. Please verify Krispy Kreme's Risk Adjusted Performance of 0.0191, mean deviation of 2.3, and Downside Deviation of 3.02 to check out if the risk estimate we provide is consistent with the expected return of 0.0399%. The company secures a Beta (Market Risk) of 1.24, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Krispy Kreme will likely underperform. Krispy Kreme right now secures a risk of 5.63%. Please verify Krispy Kreme sortino ratio, as well as the relationship between the semi variance and rate of daily change , to decide if Krispy Kreme will be following its current price movements.
Auto-correlation | 0.08 |
Virtually no predictability
Krispy Kreme has virtually no predictability. Overlapping area represents the amount of predictability between Krispy Kreme time series from 11th of April 2024 to 26th of April 2024 and 26th of April 2024 to 11th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Krispy Kreme price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Krispy Kreme price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Krispy Kreme lagged returns against current returns
Autocorrelation, which is Krispy Kreme stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Krispy Kreme's stock expected returns. We can calculate the autocorrelation of Krispy Kreme returns to help us make a trade decision. For example, suppose you find that Krispy Kreme has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Krispy Kreme regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Krispy Kreme stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Krispy Kreme stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Krispy Kreme stock over time.
Current vs Lagged Prices |
| Timeline |
Krispy Kreme Lagged Returns
When evaluating Krispy Kreme's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Krispy Kreme stock have on its future price. Krispy Kreme autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Krispy Kreme autocorrelation shows the relationship between Krispy Kreme stock current value and its past values and can show if there is a momentum factor associated with investing in Krispy Kreme.
Regressed Prices |
| Timeline |
Krispy Kreme Investors Sentiment
The influence of Krispy Kreme's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Krispy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Krispy Kreme's public news can be used to forecast risks associated with an investment in Krispy. The trend in average sentiment can be used to explain how an investor holding Krispy can time the market purely based on public headlines and social activities around Krispy Kreme. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Krispy Kreme's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Krispy Kreme's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Krispy Kreme's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Krispy Kreme.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Krispy Kreme in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Krispy Kreme's short interest history, or implied volatility extrapolated from Krispy Kreme options trading.
Pair Trading with Krispy Kreme
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Krispy Kreme position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Krispy Kreme will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Krispy Kreme could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Krispy Kreme when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Krispy Kreme - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Krispy Kreme to buy it.
The correlation of Krispy Kreme is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Krispy Kreme moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Krispy Kreme moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Krispy Kreme can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Krispy Kreme Correlation, Krispy Kreme Volatility and Krispy Kreme Alpha and Beta module to complement your research on Krispy Kreme. For more information on how to buy Krispy Stock please use our How to Invest in Krispy Kreme guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Krispy Stock analysis
When running Krispy Kreme's price analysis, check to measure Krispy Kreme'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 Krispy Kreme is operating at the current time. Most of Krispy Kreme's value examination focuses on studying past and present price action to predict the probability of Krispy Kreme's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Krispy Kreme's price. Additionally, you may evaluate how the addition of Krispy Kreme to your portfolios can decrease your overall portfolio volatility.
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Krispy Kreme 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.