Millerknoll Stock Market Value
| MLKN Stock | USD 20.16 0.40 2.02% |
| Symbol | MillerKnoll |
MillerKnoll Price To Book Ratio
Is Commercial Services & Supplies 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 MillerKnoll. If investors know MillerKnoll 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 MillerKnoll 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 0.089 | Dividend Share 0.75 | Earnings Share (0.54) | Revenue Per Share | Quarterly Revenue Growth 0.082 |
The market value of MillerKnoll is measured differently than its book value, which is the value of MillerKnoll that is recorded on the company's balance sheet. Investors also form their own opinion of MillerKnoll's value that differs from its market value or its book value, called intrinsic value, which is MillerKnoll'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 MillerKnoll's market value can be influenced by many factors that don't directly affect MillerKnoll'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 MillerKnoll's value and its price as these two are different measures arrived at by different means. Investors typically determine if MillerKnoll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MillerKnoll'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.
MillerKnoll '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 MillerKnoll'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 MillerKnoll.
| 04/26/2025 |
| 07/25/2025 |
If you would invest 0.00 in MillerKnoll on April 26, 2025 and sell it all today you would earn a total of 0.00 from holding MillerKnoll or generate 0.0% return on investment in MillerKnoll over 90 days. MillerKnoll is related to or competes with La Z, MasterBrand, Bassett Furniture, American Woodmark, Ethan Allen, Zurn Elkay, and Enerpac Tool. MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide More
MillerKnoll 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 MillerKnoll'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 MillerKnoll upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.0675 | |||
| Maximum Drawdown | 16.52 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 4.48 |
MillerKnoll Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MillerKnoll's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MillerKnoll's standard deviation. In reality, there are many statistical measures that can use MillerKnoll historical prices to predict the future MillerKnoll's volatility.| Risk Adjusted Performance | 0.1391 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.1034 | |||
| Treynor Ratio | 0.195 |
MillerKnoll Backtested Returns
MillerKnoll appears to be not too volatile, given 3 months investment horizon. MillerKnoll has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MillerKnoll, which you can use to evaluate the volatility of the firm. Please exercise MillerKnoll's Mean Deviation of 1.89, risk adjusted performance of 0.1391, and Downside Deviation of 1.73 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MillerKnoll holds a performance score of 11. The company secures a Beta (Market Risk) of 2.11, 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, MillerKnoll will likely underperform. Please check MillerKnoll's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether MillerKnoll's current price movements will revert.
Auto-correlation | 0.47 |
Average predictability
MillerKnoll has average predictability. Overlapping area represents the amount of predictability between MillerKnoll time series from 26th of April 2025 to 10th of June 2025 and 10th of June 2025 to 25th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MillerKnoll price movement. The serial correlation of 0.47 indicates that about 47.0% of current MillerKnoll price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 2.2 |
MillerKnoll lagged returns against current returns
Autocorrelation, which is MillerKnoll 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 MillerKnoll's stock expected returns. We can calculate the autocorrelation of MillerKnoll returns to help us make a trade decision. For example, suppose you find that MillerKnoll 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 |
MillerKnoll 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 MillerKnoll stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MillerKnoll stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MillerKnoll stock over time.
Current vs Lagged Prices |
| Timeline |
MillerKnoll Lagged Returns
When evaluating MillerKnoll's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MillerKnoll stock have on its future price. MillerKnoll 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, MillerKnoll autocorrelation shows the relationship between MillerKnoll stock current value and its past values and can show if there is a momentum factor associated with investing in MillerKnoll.
Regressed Prices |
| Timeline |
Pair Trading with MillerKnoll
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 MillerKnoll 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 MillerKnoll will appreciate offsetting losses from the drop in the long position's value.Moving against MillerKnoll Stock
| 0.75 | VCIG | VCI Global Limited Buyout Trend | PairCorr |
| 0.69 | NL | NL Industries | PairCorr |
| 0.54 | WM | Waste Management | PairCorr |
| 0.54 | VIRC | Virco Manufacturing | PairCorr |
The ability to find closely correlated positions to MillerKnoll could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MillerKnoll 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 MillerKnoll - 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 MillerKnoll to buy it.
The correlation of MillerKnoll 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 MillerKnoll moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MillerKnoll 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 MillerKnoll 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 MillerKnoll Correlation, MillerKnoll Volatility and MillerKnoll Alpha and Beta module to complement your research on MillerKnoll. To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
MillerKnoll 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.