Knight Transportation Stock Alpha and Beta Analysis
| KNX Stock | USD 59.36 0.27 0.46% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Knight Transportation. It also helps investors analyze the systematic and unsystematic risks associated with investing in Knight Transportation over a specified time horizon. Remember, high Knight Transportation's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Knight Transportation's market risk premium analysis include:
Beta 1.29 | Alpha 0.069 | Risk 1.92 | Sharpe Ratio 0.11 | Expected Return 0.22 |
Knight Transportation Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Knight |
Knight Transportation Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Knight Transportation market risk premium is the additional return an investor will receive from holding Knight Transportation long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Knight Transportation. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Knight Transportation's performance over market.| α | 0.07 | β | 1.29 |
Knight Transportation expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Knight Transportation's Buy-and-hold return. Our buy-and-hold chart shows how Knight Transportation performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Knight Transportation Market Price Analysis
Market price analysis 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 understating and applying Knight Transportation stock market price indicators, traders can identify Knight Transportation position entry and exit signals to maximize returns.
Knight Transportation Return and Market Media
The median price of Knight Transportation for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 52.72 with a coefficient of variation of 4.77. The daily time series for the period is distributed with a sample standard deviation of 2.55, arithmetic mean of 53.43, and mean deviation of 2.01. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 1904 shares by Michael Garnreiter of Knight Transportation subject to Rule 16b-3 | 09/10/2024 |
2 | Disposition of 594 shares by Cary Flanagan of Knight Transportation subject to Rule 16b-3 | 09/16/2024 |
| Knight Transportation dividend paid on 23rd of September 2024 | 09/23/2024 |
3 | Disposition of 229 shares by James Fitzsimmons of Knight Transportation at 48.25 subject to Rule 16b-3 | 09/27/2024 |
4 | Can Knight-Swift Transportation Holdings Inc. Performance Keep Up Given Its Mixed Bag Of Fundamentals | 10/22/2024 |
5 | Q3 2024 Knight-Swift Transportation Holdings Inc Earnings Call Transcript | 10/24/2024 |
6 | Knight-Swift Transportation Holdings Inc. Shares Sold by Tectonic Advisors LLC | 10/25/2024 |
7 | Acquisition by Andrew Hess of 314 shares of Knight Transportation subject to Rule 16b-3 | 11/01/2024 |
8 | Lisanti Capital Growth LLC Takes 2.31 Million Position in Knight-Swift Transportation Holdings Inc. | 11/11/2024 |
9 | Knight-Swift Transportation Holdings Shareholders Have More To Worry About Than Only Soft Earnings | 11/12/2024 |
10 | Knight-Swift Transportation Lowered to Sell Rating by Citigroup | 11/13/2024 |
11 | Knight-Swift director David Vander Ploeg sells 28,552 in stock | 11/14/2024 |
12 | Freight shipments, spend see no lift in October, Cass data shows | 11/18/2024 |
13 | Disposition of 900 shares by Andrew Hess of Knight Transportation subject to Rule 16b-3 | 11/22/2024 |
About Knight Transportation Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Knight or other stocks. Alpha measures the amount that position in Knight Transportation has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.006286 | 0.009208 | 0.009809 | 0.0172 | Price To Sales Ratio | 1.69 | 1.14 | 1.3 | 1.24 |
Knight Transportation Upcoming Company Events
As portrayed in its financial statements, the presentation of Knight Transportation's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Knight Transportation's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Knight Transportation's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Knight Transportation. Please utilize our Beneish M Score to check the likelihood of Knight Transportation's management manipulating its earnings.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
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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.