Knight Transportation Stock Price on October 8, 2024
| KNX Stock | USD 54.39 0.13 0.24% |
If you're considering investing in Knight Stock, it is important to understand the factors that can impact its price. As of today, the current price of Knight Transportation stands at 54.39, as last reported on the 7th of January, with the highest price reaching 55.49 and the lowest price hitting 54.17 during the day. At this stage we consider Knight Stock to be very steady. Knight Transportation has Sharpe Ratio of 0.0675, which conveys that the firm had a 0.0675% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Knight Transportation, which you can use to evaluate the volatility of the firm. Please verify Knight Transportation's Downside Deviation of 1.59, risk adjusted performance of 0.0602, and Mean Deviation of 1.37 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Knight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Knight |
Sharpe Ratio = 0.0675
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Knight Transportation is performing at about 5% 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 Knight Transportation by adding it to a well-diversified portfolio.
Knight Transportation Valuation on October 8, 2024
It is possible to determine the worth of Knight Transportation on a given historical date. On October 8, 2024 Knight was worth 51.11 at the beginning of the trading date compared to the closed value of 51.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Knight Transportation stock. Still, in general, we apply an absolute valuation method to find Knight Transportation'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 Knight Transportation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Knight Transportation's related companies.
| Open | High | Low | Close | Volume | |
| 49.52 | 51.20 | 49.35 | 50.86 | 1,631,769 | |
10/08/2024 | 51.11 | 52.19 | 50.85 | 51.57 | 1,575,375 |
| 50.70 | 51.61 | 50.60 | 50.86 | 1,798,749 |
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Knight Transportation Trading Date Momentum on October 8, 2024
| On October 09 2024 Knight Transportation was traded for 50.86 at the closing time. Highest Knight Transportation's price during the trading hours was 51.61 and the lowest price during the day was 50.60 . The net volume was 1.8 M. The overall trading history on the 9th of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.38% . The trading delta at closing time to current price is 0.62% . |
Knight Transportation Fundamentals Correlations and Trends
By evaluating Knight Transportation'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 Knight Transportation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Knight financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Knight Transportation Stock history
Knight Transportation 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 Knight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Knight Transportation 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 Knight Transportation stock prices may prove useful in developing a viable investing in Knight Transportation
Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States, Mexico, and Canada. Knight-Swift Transportation Holdings Inc. was incorporated in 1989 and is headquartered in Phoenix, Arizona. Knight-Swift Transporation operates under Trucking classification in the United States and is traded on New York Stock Exchange. It employs 27400 people.
Knight Transportation Stock Technical Analysis
Knight Transportation 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
Knight Transportation Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Knight Transportation cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Knight Transportation January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Knight Transportation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Knight Transportation shares will generate the highest return on investment. By undertsting and applying Knight Transportation stock market strength indicators, traders can identify Knight Transportation entry and exit signals to maximize returns
Knight Transportation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Knight Transportation's price direction in advance. Along with the technical and fundamental analysis of Knight Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Knight 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 | 0.0602 | |||
| Jensen Alpha | 0.0906 | |||
| Total Risk Alpha | 0.0727 | |||
| Sortino Ratio | 0.0599 | |||
| Treynor Ratio | 0.0896 |
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Additional Tools for Knight Stock Analysis
When running Knight Transportation's price analysis, check to measure Knight Transportation'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 Knight Transportation is operating at the current time. Most of Knight Transportation's value examination focuses on studying past and present price action to predict the probability of Knight Transportation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Knight Transportation's price. Additionally, you may evaluate how the addition of Knight Transportation to your portfolios can decrease your overall portfolio volatility.