Karooooo Stock Price on December 2, 2024

KARO Stock  USD 47.10  2.38  5.32%   
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 47.10, as last reported on the 11th of December 2024, with the highest price reaching 47.99 and the lowest price hitting 45.66 during the day. Karooooo appears to be not too volatile, given 3 months investment horizon. Karooooo has Sharpe Ratio of 0.0977, which conveys that the firm had a 0.0977% 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 Mean Deviation of 3.1, risk adjusted performance of 0.077, and Downside Deviation of 4.68 to check out if our risk estimates are consistent with your expectations.
  
As of the 11th of December 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.

Sharpe Ratio = 0.0977

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Estimated Market Risk

 4.59
  actual daily
40
60% of assets are more volatile

Expected Return

 0.45
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Karooooo is performing at about 7% 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
10.3526
Enterprise Value Ebitda
22.895
Price Sales
0.3171
Shares Float
5.5 M
Dividend Share
19.257

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Karooooo Valuation on December 2, 2024

It is possible to determine the worth of Karooooo on a given historical date. On December 2, 2024 Karooooo was worth 44.8 at the beginning of the trading date compared to the closed value of 43.48. 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
  44.50    45.00    41.00    44.80    112,838  
12/02/2024
  44.80    44.80    43.00    43.48    47,185  
  43.89    47.10    43.88    46.98    66,628  
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Open Value
44.8
43.48
Closing Value
58.56
Upside

Karooooo Trading Date Momentum on December 2, 2024

On December 03 2024 Karooooo was traded for  46.98  at the closing time. The top price for the day was 47.10  and the lowest listed price was  43.88 . The trading volume for the day was 66.6 K. The trading history from December 3, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 8.05% . The trading delta at closing time against the current closing price is 7.87% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding30.9 M28.4 M
Net Income Applicable To Common Shares289.9 M405.1 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.
A focus of Karooooo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Karooooo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Karooooo Period Price Range

Low
December 11, 2024
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High

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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 December 11, 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.
When determining whether Karooooo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Karooooo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Karooooo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Karooooo Stock:
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.