Knowles Cor Correlations

KN Stock  USD 15.89  0.15  0.94%   
The correlation of Knowles Cor is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Knowles Cor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Knowles Cor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Knowles Cor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Knowles Stock, please use our How to Invest in Knowles Cor guide.
The ability to find closely correlated positions to Knowles Cor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Knowles Cor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Knowles Cor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Knowles Cor to buy it.

Moving together with Knowles Stock

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Moving against Knowles Stock

-0.45EXTRExtreme Networks Fiscal Quarter End 31st of December 2023 PairCorr
-0.43CSCOCisco Systems Fiscal Quarter End 31st of January 2024 PairCorr
-0.67EGIOEdgio Inc Fiscal Quarter End 31st of December 2023 PairCorr
-0.48EVCMEverCommerce Fiscal Quarter End 31st of December 2023 PairCorr

Related Correlations Analysis

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
High negative correlations   

Risk-Adjusted Indicators

There is a big difference between Knowles Stock performing well and Knowles Cor company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Knowles Cor's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationInformation RatioExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
UI 2.33 (0.65) 0.00 (0.44) 0.00 (0.20) 0.00  4.47 (4.30) 19.16 
VIAV 1.56 (0.33) 0.00 (0.20) 0.00 (0.16) 0.00  3.71 (3.39) 9.39 
VISL 3.35 (0.06) 0.00 (0.05) 0.00 (0.0143) 0.00  6.91 (7.28) 20.88 
DZSI 4.76 (0.60) 0.00 (0.25) 0.00 (0.08) 0.00  7.32 (9.72) 54.60 
VSAT 3.59 (0.27) 0.00 (0.09) 0.00 (0.06) 0.00  8.20 (7.73) 17.28 
ERIC 1.39  0.14  0.09  0.19  1.37  0.08 (1.73) 2.77 (2.40) 7.20 
FEIM 1.78  0.74  0.37  1.89  1.23  0.29 (2.02) 6.18 (2.91) 12.67 
MOB 4.54  0.12  0.02  0.06  4.83  0.0163 (5.67) 10.23 (8.44) 51.38 
HLIT 2.04 (0.02) 0.00 (0.02) 0.00 (0.0056) 0.00  5.09 (3.49) 14.38 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Knowles Cor without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Knowles Cor Corporate Directors

Knowles Cor corporate directors refer to members of a Knowles Cor board of directors. The board of directors generally takes responsibility for the Knowles Cor's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Knowles Cor's board members must vote for the resolution. The Knowles Cor board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert CreminIndependent DirectorProfile
Ye LiIndependent DirectorProfile
Ronald JankovIndependent DirectorProfile
Steven MayerIndependent DirectorProfile

Already Invested in Knowles Cor?

The danger of trading Knowles Cor is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Knowles Cor is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Knowles Cor. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Knowles Cor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Knowles Cor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Knowles Cor'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 Knowles Cor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Knowles Cor Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Knowles Cor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Knowles Stock, please use our How to Invest in Knowles Cor guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Knowles Stock analysis

When running Knowles Cor's price analysis, check to measure Knowles Cor'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 Knowles Cor is operating at the current time. Most of Knowles Cor's value examination focuses on studying past and present price action to predict the probability of Knowles Cor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Knowles Cor's price. Additionally, you may evaluate how the addition of Knowles Cor to your portfolios can decrease your overall portfolio volatility.
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Is Knowles Cor's industry 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 Knowles Cor. If investors know Knowles 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 Knowles Cor 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
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
Return On Assets
The market value of Knowles Cor is measured differently than its book value, which is the value of Knowles that is recorded on the company's balance sheet. Investors also form their own opinion of Knowles Cor's value that differs from its market value or its book value, called intrinsic value, which is Knowles Cor'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 Knowles Cor's market value can be influenced by many factors that don't directly affect Knowles Cor'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 Knowles Cor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knowles Cor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knowles Cor'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.