Knight Transportation Stock Price on November 29, 2024
| KNX Stock | USD 59.36 0.27 0.46% |
Below is the normalized historical share price chart for Knight Transportation extending back to October 25, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Knight Transportation stands at 59.36, as last reported on the 29th of November, with the highest price reaching 59.81 and the lowest price hitting 58.94 during the day.
If you're considering investing in Knight Stock, it is important to understand the factors that can impact its price. Knight Transportation appears to be very steady, given 3 months investment horizon. Knight Transportation has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% 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 exercise Knight Transportation's Risk Adjusted Performance of 0.0979, mean deviation of 1.47, and Downside Deviation of 1.75 to check out if our risk estimates are consistent with your expectations.
At this time, Knight Transportation's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to rise to about 1.9 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 92.4 M in 2024. . At this time, Knight Transportation's Price To Operating Cash Flows Ratio is fairly stable compared to the past year. Price Cash Flow Ratio is likely to rise to 15.68 in 2024, whereas Price To Sales Ratio is likely to drop 1.24 in 2024. Knight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of October 1994 | 200 Day MA 51.9611 | 50 Day MA 53.9902 | Beta 0.934 |
Knight |
Sharpe Ratio = 0.1128
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Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Knight Transportation is performing at about 8% 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.
Price Book 1.3552 | Enterprise Value Ebitda 12.5686 | Price Sales 1.2793 | Shares Float 157 M | Dividend Share 0.62 |
Knight Transportation Valuation on November 29, 2024
It is possible to determine the worth of Knight Transportation on a given historical date. On November 29, 2024 Knight was worth 59.44 at the beginning of the trading date compared to the closed value of 59.36. 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 | |
| 59.73 | 60.23 | 59.00 | 59.09 | 0.00 | |
11/29/2024 | 59.44 | 59.81 | 58.94 | 59.36 | 662,339 |
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Knight Transportation Trading Date Momentum on November 29, 2024
| On November 29 2024 Knight Transportation was traded for 59.36 at the closing time. Highest Knight Transportation's price during the trading hours was 59.81 and the lowest price during the day was 58.94 . The net volume was 662.3 K. The overall trading history on the 29th of November did not cause price change. The trading delta at closing time to current price is 0.13% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 161.8 M | 92.4 M | |
| Net Income Applicable To Common Shares | 887 M | 931.4 M |
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 | November 29, 2024
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0.00 | 0.00 |
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Knight Transportation November 29, 2024 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 | 0.0979 | |||
| Jensen Alpha | 0.069 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.059 | |||
| Treynor Ratio | 0.1687 |
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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.