Knife River Stock Market Value
| KNF Stock | 101.10 0.02 0.02% |
| Symbol | Knife |
Knife River Price To Book Ratio
Is Diversified Metals & Mining 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 Knife River. If investors know Knife 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 Knife River 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 0.008 | Earnings Share 3.51 | Revenue Per Share 51.039 | Quarterly Revenue Growth 0.014 | Return On Assets 0.0726 |
The market value of Knife River is measured differently than its book value, which is the value of Knife that is recorded on the company's balance sheet. Investors also form their own opinion of Knife River's value that differs from its market value or its book value, called intrinsic value, which is Knife River'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 Knife River's market value can be influenced by many factors that don't directly affect Knife River'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 Knife River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knife River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knife River'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.
Knife River '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 Knife River'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 Knife River.
| 09/11/2024 |
| 11/10/2024 |
If you would invest 0.00 in Knife River on September 11, 2024 and sell it all today you would earn a total of 0.00 from holding Knife River or generate 0.0% return on investment in Knife River over 60 days. Knife River is related to or competes with Cemex SAB, Boise Cascad, CRH PLC, Eagle Materials, James Hardie, Martin Marietta, and Summit Materials. Knife River is entity of United States. It is traded as Stock on NYSE exchange. More
Knife River 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 Knife River'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 Knife River upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.28 | |||
| Information Ratio | 0.1573 | |||
| Maximum Drawdown | 12.96 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 4.01 |
Knife River Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Knife River's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Knife River's standard deviation. In reality, there are many statistical measures that can use Knife River historical prices to predict the future Knife River's volatility.| Risk Adjusted Performance | 0.1817 | |||
| Jensen Alpha | 0.1991 | |||
| Total Risk Alpha | 0.0411 | |||
| Sortino Ratio | 0.1581 | |||
| Treynor Ratio | 0.2567 |
Knife River Backtested Returns
Knife River appears to be very steady, given 3 months investment horizon. Knife River has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. By analyzing Knife River's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please exercise Knife River's Mean Deviation of 1.52, downside deviation of 2.28, and Risk Adjusted Performance of 0.1817 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Knife River holds a performance score of 18. The company secures a Beta (Market Risk) of 2.02, 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, Knife River will likely underperform. Please check Knife River's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Knife River's current price movements will revert.
Auto-correlation | 0.35 |
Below average predictability
Knife River has below average predictability. Overlapping area represents the amount of predictability between Knife River time series from 11th of September 2024 to 11th of October 2024 and 11th of October 2024 to 10th of November 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 Knife River price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Knife River price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 14.2 |
Knife River lagged returns against current returns
Autocorrelation, which is Knife River 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 Knife River's stock expected returns. We can calculate the autocorrelation of Knife River returns to help us make a trade decision. For example, suppose you find that Knife River 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 |
Knife River 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 Knife River stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Knife River stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Knife River stock over time.
Current vs Lagged Prices |
| Timeline |
Knife River Lagged Returns
When evaluating Knife River's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Knife River stock have on its future price. Knife River 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, Knife River autocorrelation shows the relationship between Knife River stock current value and its past values and can show if there is a momentum factor associated with investing in Knife River.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Knife River is a strong investment it is important to analyze Knife River's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Knife River's future performance. For an informed investment choice regarding Knife Stock, refer to the following important reports:Check out Knife River Correlation, Knife River Volatility and Knife River Alpha and Beta module to complement your research on Knife River. For more detail on how to invest in Knife Stock please use our How to Invest in Knife River guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Knife River 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.