Millerknoll Stock Alpha and Beta Analysis
| MLKN Stock | USD 25.45 0.20 0.79% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MillerKnoll. It also helps investors analyze the systematic and unsystematic risks associated with investing in MillerKnoll over a specified time horizon. Remember, high MillerKnoll'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 MillerKnoll's market risk premium analysis include:
Beta 1.52 | Alpha (0.37) | Risk 2.66 | Sharpe Ratio (0.07) | Expected Return (0.19) |
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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.
MillerKnoll |
MillerKnoll Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MillerKnoll market risk premium is the additional return an investor will receive from holding MillerKnoll 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 MillerKnoll. 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 MillerKnoll's performance over market.| α | -0.37 | β | 1.52 |
MillerKnoll 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 MillerKnoll's Buy-and-hold return. Our buy-and-hold chart shows how MillerKnoll performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MillerKnoll Market Price Analysis
Market price analysis indicators help investors to evaluate how MillerKnoll stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MillerKnoll shares will generate the highest return on investment. By understating and applying MillerKnoll stock market price indicators, traders can identify MillerKnoll position entry and exit signals to maximize returns.
MillerKnoll Return and Market Media
The median price of MillerKnoll for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 24.56 with a coefficient of variation of 7.01. The daily time series for the period is distributed with a sample standard deviation of 1.76, arithmetic mean of 25.07, and mean deviation of 1.4. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | MillerKnoll declines as quarterly results miss estimates | 09/19/2024 |
2 | MillerKnoll First Quarter 2025 Earnings Misses Expectations | 09/24/2024 |
3 | Do MillerKnolls Earnings Warrant Your Attention | 09/30/2024 |
| MillerKnoll dividend paid on 15th of October 2024 | 10/15/2024 |
4 | Acquisition by Bruce Watson of 261 shares of MillerKnoll subject to Rule 16b-3 | 10/18/2024 |
5 | MillerKnoll Inc Shares Gap Down to 24.5 on Oct 21 | 10/21/2024 |
6 | MillerKnoll sheds US135m, company earnings and investor returns have been trending downwards for past five years | 10/25/2024 |
7 | Is Now The Time To Look At Buying MillerKnoll, Inc. | 11/07/2024 |
8 | Versor Investments LP Acquires New Stake in MillerKnoll, Inc. | 11/13/2024 |
9 | Landscape Capital Management L.L.C. Sells 3,276 Shares of MillerKnoll, Inc. | 11/21/2024 |
10 | Is MillerKnoll, Inc.s Stock On A Downtrend As A Result Of Its Poor Financials | 11/25/2024 |
About MillerKnoll 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 MillerKnoll or other stocks. Alpha measures the amount that position in MillerKnoll 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.
| 2011 | 2013 | 2019 | 2024 (projected) | Dividend Yield | 0.0116 | 0.0218 | 0.0275 | 0.0164 | Price To Sales Ratio | 0.93 | 0.82 | 0.56 | 0.98 |
MillerKnoll Upcoming Company Events
As portrayed in its financial statements, the presentation of MillerKnoll's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MillerKnoll's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of MillerKnoll's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of MillerKnoll. Please utilize our Beneish M Score to check the likelihood of MillerKnoll's management manipulating its earnings.
| 27th of March 2024 Upcoming Quarterly Report | View | |
| 10th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 10th of July 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of May 2023 Last Financial Announcement | View |
Build Portfolio with MillerKnoll
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out MillerKnoll Backtesting, MillerKnoll Valuation, MillerKnoll Correlation, MillerKnoll Hype Analysis, MillerKnoll Volatility, MillerKnoll History and analyze MillerKnoll Performance. To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.