We regret to report that Kindred Group shareholders are down 46% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 27%. Having said that, it's inevitable that some stocks will be oversold in a falling market. The key is to keep your eyes on the fundamental developments. Longer term investors wouldn't be so upset, since they would have made 4%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Kindred Group (at least 1 which doesn't sit too well with us), and understanding them should be part of your investment process.