Karooooo Stock Price on February 28, 2023
| KARO Stock | USD 41.11 0.09 0.22% |
If you're considering investing in Karooooo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Karooooo stands at 41.11, as last reported on the 27th of November, with the highest price reaching 41.34 and the lowest price hitting 40.05 during the day. Karooooo appears to be not too volatile, given 3 months investment horizon. Karooooo has Sharpe Ratio of 0.0601, which conveys that the firm had a 0.0601% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Karooooo, which you can use to evaluate the volatility of the firm. Please exercise Karooooo's Risk Adjusted Performance of 0.0576, downside deviation of 4.33, and Mean Deviation of 2.75 to check out if our risk estimates are consistent with your expectations.
As of the 27th of November 2024, Common Stock is likely to grow to about 8.6 B, while Total Stockholder Equity is likely to drop about 1.9 B. . At this time, Karooooo's Price Sales Ratio is very stable compared to the past year. Karooooo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Karooooo |
Sharpe Ratio = 0.0601
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Estimated Market Risk
| 3.96 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Karooooo is performing at about 4% of its full potential. 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 Karooooo by adding it to a well-diversified portfolio.
Price Book 8.5977 | Enterprise Value Ebitda 18.9888 | Price Sales 0.2921 | Shares Float 5.5 M | Dividend Share 19.257 |
Karooooo Valuation on February 28, 2023
It is possible to determine the worth of Karooooo on a given historical date. On February 28, 2023 Karooooo was worth 24.08 at the beginning of the trading date compared to the closed value of 23.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Karooooo stock. Still, in general, we apply an absolute valuation method to find Karooooo's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Karooooo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Karooooo's related companies.
| Open | High | Low | Close | Volume | |
| 23.65 | 24.83 | 23.16 | 23.72 | 10,277 | |
02/28/2023 | 24.08 | 24.08 | 23.43 | 23.80 | 12,317 |
| 23.45 | 23.78 | 23.26 | 23.78 | 8,490 |
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Karooooo Trading Date Momentum on February 28, 2023
| On March 01 2023 Karooooo was traded for 23.78 at the closing time. The top price for the day was 23.78 and the lowest listed price was 23.26 . The trading volume for the day was 8.5 K. The trading history from March 1, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.08% . The trading delta at closing time against the current closing price is 0.21% . |
Karooooo Fundamentals Correlations and Trends
By evaluating Karooooo's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Karooooo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Karooooo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Karooooo Stock history
Karooooo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Karooooo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Karooooo will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Karooooo stock prices may prove useful in developing a viable investing in Karooooo
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.9 M | 28.4 M | |
| Net Income Applicable To Common Shares | 289.9 M | 405.1 M |
Karooooo Stock Technical Analysis
Karooooo 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.
Price Boundaries
Karooooo Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Karooooo cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Karooooo November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Karooooo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Karooooo shares will generate the highest return on investment. By undertsting and applying Karooooo stock market strength indicators, traders can identify Karooooo entry and exit signals to maximize returns
Karooooo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Karooooo's price direction in advance. Along with the technical and fundamental analysis of Karooooo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Karooooo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0576 | |||
| Jensen Alpha | 0.0928 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0288 | |||
| Treynor Ratio | 0.1916 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karooooo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Karooooo Stock, please use our How to Invest in Karooooo guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Application Software space 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 Karooooo. If investors know Karooooo 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 Karooooo 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 0.22 | Dividend Share 19.257 | Earnings Share 1.51 | Revenue Per Share 140.909 | Quarterly Revenue Growth 0.064 |
The market value of Karooooo is measured differently than its book value, which is the value of Karooooo that is recorded on the company's balance sheet. Investors also form their own opinion of Karooooo's value that differs from its market value or its book value, called intrinsic value, which is Karooooo'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 Karooooo's market value can be influenced by many factors that don't directly affect Karooooo'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 Karooooo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Karooooo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Karooooo'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.