KION Group (Germany) Price on October 26, 2023
KGX Stock | EUR 31.82 0.01 0.03% |
If you're considering investing in KION Stock, it is important to understand the factors that can impact its price. As of today, the current price of KION Group stands at 31.82, as last reported on the 29th of December, with the highest price reaching 32.09 and the lowest price hitting 31.73 during the day. KION Group AG has Sharpe Ratio of -0.069, which conveys that the firm had a -0.069% return per unit of volatility over the last 3 months. KION Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KION Group's mean deviation of 1.91, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
KION Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
KION |
Sharpe Ratio = -0.069
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Estimated Market Risk
2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KION Group is not performing at its full potential. However, 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 KION Group by adding KION Group to a well-diversified portfolio.
KION Group Valuation on October 26, 2023
It is possible to determine the worth of KION Group on a given historical date. On October 26, 2023 KION was worth 31.32 at the beginning of the trading date compared to the closed value of 28.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KION Group stock. Still, in general, we apply an absolute valuation method to find KION Group'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 KION Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KION Group's related companies.
Open | High | Low | Close | Volume | |
31.69 | 31.73 | 31.69 | 31.73 | 1.00 | |
10/26/2023 | 31.32 | 31.32 | 28.38 | 28.54 | 7,795 |
28.83 | 28.83 | 27.53 | 27.65 | 1,730 |
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KION Group Trading Date Momentum on October 26, 2023
On October 27 2023 KION Group AG was traded for 27.65 at the closing time. The highest daily price throughout the period was 28.83 and the lowest price was 27.53 . The daily volume was 1.7 K. The net trading volume on 10/27/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 3.12% . The trading delta at closing time to current closing price is 7.43% . |
KION Group AG Fundamentals Correlations and Trends
By evaluating KION Group'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 KION Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. KION financial account trend analysis is a perfect complement when working with valuation or volatility modules.About KION Group Stock history
KION Group 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 KION is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in KION Group AG 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 KION Group stock prices may prove useful in developing a viable investing in KION Group
KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services worldwide. KION GROUP AG was founded in 2006 and is headquartered in Frankfurt am Main, Germany. KION GROUP operates under Truck Manufacturing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 33740 people.
KION Group Stock Technical Analysis
KION Group 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
KION Group Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
KION Group AG cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
KION Group December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how KION Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KION Group shares will generate the highest return on investment. By undertsting and applying KION Group stock market strength indicators, traders can identify KION Group AG entry and exit signals to maximize returns
KION Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KION Group's price direction in advance. Along with the technical and fundamental analysis of KION Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of KION 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 | (0.01) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.17) |
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Volume Indicators |
Complementary Tools for KION Stock analysis
When running KION Group's price analysis, check to measure KION Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KION Group is operating at the current time. Most of KION Group's value examination focuses on studying past and present price action to predict the probability of KION Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KION Group's price. Additionally, you may evaluate how the addition of KION Group to your portfolios can decrease your overall portfolio volatility.
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