Knot Offshore Partners Stock Probability of Future Stock Price Finishing Over 5.41
| KNOP Stock | USD 5.45 0.09 1.68% |
Closest to current price KNOT long CALL Option Payoff at Expiration
KNOT |
KNOT Offshore Target Price Odds to finish over 5.41
The tendency of KNOT Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 5.41 in 90 days |
| 5.45 | 90 days | 5.41 | about 26.38 |
Based on a normal probability distribution, the odds of KNOT Offshore to stay above $ 5.41 in 90 days from now is about 26.38 (This KNOT Offshore Partners probability density function shows the probability of KNOT Stock to fall within a particular range of prices over 90 days) . Probability of KNOT Offshore Partners price to stay between $ 5.41 and its current price of $5.45 at the end of the 90-day period is about 6.4 .
Given the investment horizon of 90 days KNOT Offshore has a beta of 0.46. This indicates as returns on the market go up, KNOT Offshore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KNOT Offshore Partners will be expected to be much smaller as well. Additionally KNOT Offshore Partners has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. KNOT Offshore Price Density |
| Price |
Predictive Modules for KNOT Offshore
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KNOT Offshore Partners. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KNOT Offshore's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
KNOT Offshore Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KNOT Offshore is not an exception. The market had few large corrections towards the KNOT Offshore's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold KNOT Offshore Partners, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KNOT Offshore within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.07 | |
β | Beta against NYSE Composite | 0.46 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.06 |
KNOT Offshore Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of KNOT Offshore for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KNOT Offshore Partners can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company currently holds 958.91 M in liabilities with Debt to Equity (D/E) ratio of 1.47, which is about average as compared to similar companies. KNOT Offshore Partners has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist KNOT Offshore until it has trouble settling it off, either with new capital or with free cash flow. So, KNOT Offshore's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like KNOT Offshore Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for KNOT to invest in growth at high rates of return. When we think about KNOT Offshore's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 290.72 M. Net Loss for the year was (33.57 M) with profit before overhead, payroll, taxes, and interest of 178.98 M. | |
| About 29.0% of KNOT Offshore outstanding shares are owned by corporate insiders | |
| On 9th of May 2024 KNOT Offshore paid $ 0.026 per share dividend to its current shareholders | |
| Latest headline from news.google.com: KNOT Offshore Partners Scheduled to Post Quarterly Earnings on Thursday - MarketBeat |
KNOT Offshore Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of KNOT Stock often depends not only on the future outlook of the current and potential KNOT Offshore's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. KNOT Offshore's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.3 M | |
| Cash And Short Term Investments | 63.9 M |
KNOT Offshore Technical Analysis
KNOT Offshore's future price can be derived by breaking down and analyzing its technical indicators over time. KNOT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KNOT Offshore Partners. In general, you should focus on analyzing KNOT Stock price patterns and their correlations with different microeconomic environments and drivers.
KNOT Offshore Predictive Forecast Models
KNOT Offshore's time-series forecasting models is one of many KNOT Offshore's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary KNOT Offshore's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about KNOT Offshore Partners
Checking the ongoing alerts about KNOT Offshore for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KNOT Offshore Partners help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company currently holds 958.91 M in liabilities with Debt to Equity (D/E) ratio of 1.47, which is about average as compared to similar companies. KNOT Offshore Partners has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist KNOT Offshore until it has trouble settling it off, either with new capital or with free cash flow. So, KNOT Offshore's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like KNOT Offshore Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for KNOT to invest in growth at high rates of return. When we think about KNOT Offshore's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 290.72 M. Net Loss for the year was (33.57 M) with profit before overhead, payroll, taxes, and interest of 178.98 M. | |
| About 29.0% of KNOT Offshore outstanding shares are owned by corporate insiders | |
| On 9th of May 2024 KNOT Offshore paid $ 0.026 per share dividend to its current shareholders | |
| Latest headline from news.google.com: KNOT Offshore Partners Scheduled to Post Quarterly Earnings on Thursday - MarketBeat |
Check out KNOT Offshore Backtesting, KNOT Offshore Valuation, KNOT Offshore Correlation, KNOT Offshore Hype Analysis, KNOT Offshore Volatility, KNOT Offshore History as well as KNOT Offshore Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for KNOT Stock analysis
When running KNOT Offshore's price analysis, check to measure KNOT Offshore'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 KNOT Offshore is operating at the current time. Most of KNOT Offshore's value examination focuses on studying past and present price action to predict the probability of KNOT Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KNOT Offshore's price. Additionally, you may evaluate how the addition of KNOT Offshore to your portfolios can decrease your overall portfolio volatility.
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Is KNOT Offshore'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 KNOT Offshore. If investors know KNOT 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 KNOT Offshore 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 (0.21) | Dividend Share 0.104 | Earnings Share (1.19) | Revenue Per Share 8.24 | Quarterly Revenue Growth 0.024 |
The market value of KNOT Offshore Partners is measured differently than its book value, which is the value of KNOT that is recorded on the company's balance sheet. Investors also form their own opinion of KNOT Offshore's value that differs from its market value or its book value, called intrinsic value, which is KNOT Offshore'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 KNOT Offshore's market value can be influenced by many factors that don't directly affect KNOT Offshore'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 KNOT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if KNOT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KNOT Offshore'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.