Kimbell Royalty Partners Stock Price on May 6, 2024
KRP Stock | USD 15.41 0.86 5.29% |
If you're considering investing in Kimbell Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kimbell Royalty stands at 15.41, as last reported on the 10th of January, with the highest price reaching 15.68 and the lowest price hitting 15.25 during the day. Kimbell Royalty Partners has Sharpe Ratio of -0.0332, which conveys that the firm had a -0.0332% return per unit of risk over the last 3 months. Kimbell Royalty exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kimbell Royalty's Mean Deviation of 0.823, standard deviation of 1.2, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
Kimbell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kimbell |
Sharpe Ratio = -0.0332
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Estimated Market Risk
1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kimbell Royalty 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 Kimbell Royalty by adding Kimbell Royalty to a well-diversified portfolio.
Kimbell Royalty Valuation on May 6, 2024
It is possible to determine the worth of Kimbell Royalty on a given historical date. On May 6, 2024 Kimbell was worth 14.91 at the beginning of the trading date compared to the closed value of 15.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kimbell Royalty stock. Still, in general, we apply an absolute valuation method to find Kimbell Royalty'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 Kimbell Royalty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kimbell Royalty's related companies.
Open | High | Low | Close | Volume | |
14.83 | 14.86 | 14.56 | 14.80 | 258,923 | |
05/06/2024 | 14.91 | 15.16 | 14.89 | 15.04 | 676,855 |
15.06 | 15.27 | 15.05 | 15.23 | 944,081 |
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Kimbell Royalty Trading Date Momentum on May 6, 2024
On May 07 2024 Kimbell Royalty Partners was traded for 15.23 at the closing time. Highest Kimbell Royalty's price during the trading hours was 15.27 and the lowest price during the day was 15.05 . The net volume was 944.1 K. The overall trading history on the 7th of May contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 1.26% . The trading delta at closing time to current price is 2.73% . |
Kimbell Royalty Partners Fundamentals Correlations and Trends
By evaluating Kimbell Royalty'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 Kimbell Royalty's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kimbell financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kimbell Royalty Stock history
Kimbell Royalty 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 Kimbell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kimbell Royalty Partners 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 Kimbell Royalty stock prices may prove useful in developing a viable investing in Kimbell Royalty
Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. The company was founded in 2013 and is based in Fort Worth, Texas. Kimbell Royalty operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange.
Kimbell Royalty Stock Technical Analysis
Kimbell Royalty 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
Kimbell Royalty Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Kimbell Royalty Partners 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.
Kimbell Royalty January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Kimbell Royalty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kimbell Royalty shares will generate the highest return on investment. By undertsting and applying Kimbell Royalty stock market strength indicators, traders can identify Kimbell Royalty Partners entry and exit signals to maximize returns
Kimbell Royalty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kimbell Royalty's price direction in advance. Along with the technical and fundamental analysis of Kimbell Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kimbell 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 | (0.02) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.49) |
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Additional Tools for Kimbell Stock Analysis
When running Kimbell Royalty's price analysis, check to measure Kimbell Royalty'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 Kimbell Royalty is operating at the current time. Most of Kimbell Royalty's value examination focuses on studying past and present price action to predict the probability of Kimbell Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kimbell Royalty's price. Additionally, you may evaluate how the addition of Kimbell Royalty to your portfolios can decrease your overall portfolio volatility.