Millerknoll Stock Market Value
| MLKN Stock | USD 19.13 0.22 1.16% |
| Symbol | MillerKnoll |
MillerKnoll Price To Book Ratio
Is Commercial Services & Supplies 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 MillerKnoll. If investors know MillerKnoll 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 MillerKnoll 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 0.089 | Dividend Share 0.75 | Earnings Share 0.91 | Revenue Per Share | Quarterly Revenue Growth 0.022 |
The market value of MillerKnoll is measured differently than its book value, which is the value of MillerKnoll that is recorded on the company's balance sheet. Investors also form their own opinion of MillerKnoll's value that differs from its market value or its book value, called intrinsic value, which is MillerKnoll'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 MillerKnoll's market value can be influenced by many factors that don't directly affect MillerKnoll'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 MillerKnoll's value and its price as these two are different measures arrived at by different means. Investors typically determine if MillerKnoll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MillerKnoll'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.
MillerKnoll 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to MillerKnoll's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of MillerKnoll.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in MillerKnoll on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding MillerKnoll or generate 0.0% return on investment in MillerKnoll over 90 days. MillerKnoll is related to or competes with Bassett Furniture, Ethan Allen, Natuzzi SpA, Flexsteel Industries, La Z, Mohawk Industries, and American Woodmark. MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide More
MillerKnoll Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure MillerKnoll's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess MillerKnoll upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 9.84 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 2.27 |
MillerKnoll Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MillerKnoll's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MillerKnoll's standard deviation. In reality, there are many statistical measures that can use MillerKnoll historical prices to predict the future MillerKnoll's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.48) |
MillerKnoll Backtested Returns
MillerKnoll has Sharpe Ratio of -0.22, which conveys that the firm had a -0.22 % return per unit of risk over the last 3 months. MillerKnoll exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MillerKnoll's Mean Deviation of 1.56, risk adjusted performance of (0.16), and Standard Deviation of 1.97 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.81, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MillerKnoll's returns are expected to increase less than the market. However, during the bear market, the loss of holding MillerKnoll is expected to be smaller as well. At this point, MillerKnoll has a negative expected return of -0.44%. Please make sure to verify MillerKnoll's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if MillerKnoll performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
MillerKnoll has insignificant predictability. Overlapping area represents the amount of predictability between MillerKnoll time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MillerKnoll price movement. The serial correlation of 0.13 indicates that less than 13.0% of current MillerKnoll price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
MillerKnoll lagged returns against current returns
Autocorrelation, which is MillerKnoll stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting MillerKnoll's stock expected returns. We can calculate the autocorrelation of MillerKnoll returns to help us make a trade decision. For example, suppose you find that MillerKnoll has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
MillerKnoll regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If MillerKnoll stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MillerKnoll stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MillerKnoll stock over time.
Current vs Lagged Prices |
| Timeline |
MillerKnoll Lagged Returns
When evaluating MillerKnoll's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MillerKnoll stock have on its future price. MillerKnoll autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, MillerKnoll autocorrelation shows the relationship between MillerKnoll stock current value and its past values and can show if there is a momentum factor associated with investing in MillerKnoll.
Regressed Prices |
| Timeline |
When determining whether MillerKnoll offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MillerKnoll'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 Millerknoll Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millerknoll Stock:
Check out MillerKnoll Correlation, MillerKnoll Volatility and MillerKnoll Alpha and Beta module to complement your research on MillerKnoll. To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
MillerKnoll 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.