Kornit Digital Stock Price on August 11, 2022
| KRNT Stock | USD 16.00 0.13 0.82% |
Below is the normalized historical share price chart for Kornit Digital extending back to April 02, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Kornit Digital stands at 16.00, as last reported on the 24th of April, with the highest price reaching 16.05 and the lowest price hitting 15.73 during the day.
If you're considering investing in Kornit Stock, it is important to understand the factors that can impact its price. We consider Kornit Digital not too volatile. Kornit Digital has Sharpe Ratio of 0.0079, which conveys that the firm had a 0.0079% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kornit Digital, which you can use to evaluate the volatility of the firm. Please verify Kornit Digital's Mean Deviation of 2.19, downside deviation of 2.71, and Risk Adjusted Performance of 0.0106 to check out if the risk estimate we provide is consistent with the expected return of 0.0236%.
At this time, Kornit Digital's Other Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 23.7 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 83.6 K in 2024. . At this time, Kornit Digital's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.87 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (28.52) in 2024. Kornit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of April 2015 | 200 Day MA 19.3824 | 50 Day MA 17.5026 | Beta 1.861 |
Kornit |
Sharpe Ratio = 0.0079
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| Negative Returns | KRNT |
Estimated Market Risk
| 2.99 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kornit Digital is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kornit Digital by adding Kornit Digital to a well-diversified portfolio.
Price Book 0.9551 | Enterprise Value Ebitda (6.19) | Price Sales 3.4533 | Shares Float 43.2 M | Wall Street Target Price 24.2 |
Kornit Digital Valuation on August 11, 2022
It is possible to determine the worth of Kornit Digital on a given historical date. On August 11, 2022 Kornit was worth 36.57 at the beginning of the trading date compared to the closed value of 35.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kornit Digital stock. Still, in general, we apply an absolute valuation method to find Kornit Digital's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Kornit Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kornit Digital's related companies.
| Open | High | Low | Close | Volume | |
| 32.99 | 35.84 | 32.17 | 35.47 | 1,425,900 | |
08/11/2022 | 36.57 | 37.39 | 34.93 | 35.51 | 1,188,200 |
| 35.50 | 36.00 | 34.72 | 35.25 | 1,320,600 |
| Backtest Kornit Digital | | | Kornit Digital History | | | Kornit Digital Valuation | Previous | Next |
Kornit Digital Trading Date Momentum on August 11, 2022
| On August 12 2022 Kornit Digital was traded for 35.25 at the closing time. The top price for the day was 36.00 and the lowest listed price was 34.72 . The trading volume for the day was 1.3 M. The trading history from August 12, 2022 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.73% . The trading delta at closing time against the current closing price is 13.43% . |
Kornit Digital Fundamentals Correlations and Trends
By evaluating Kornit Digital's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kornit Digital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kornit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kornit Digital Stock history
Kornit Digital investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Kornit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kornit Digital will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Kornit Digital stock prices may prove useful in developing a viable investing in Kornit Digital
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 49.2 M | 39.5 M | |
| Net Loss | -71.2 M | -67.6 M |
Kornit Digital Quarterly Net Working Capital |
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Kornit Digital Stock Technical Analysis
Kornit Digital 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.
Price Boundaries
Kornit Digital Period Price Range
Low | August 11, 2022
| High |
36.57 | 35.51 |
Kornit Digital April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Kornit Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kornit Digital shares will generate the highest return on investment. By undertsting and applying Kornit Digital stock market strength indicators, traders can identify Kornit Digital entry and exit signals to maximize returns
| Accumulation Distribution | 78175.23 | |||
| Daily Balance Of Power | (0.43) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 36.16 | |||
| Day Typical Price | 35.94 | |||
| Price Action Indicator | (1.18) | |||
| Period Momentum Indicator | (19.51) |
Kornit Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kornit Digital's price direction in advance. Along with the technical and fundamental analysis of Kornit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kornit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0106 | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0011 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kornit Digital. 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. For more information on how to buy Kornit Stock please use our How to Invest in Kornit Digital guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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When running Kornit Digital's price analysis, check to measure Kornit Digital'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 Kornit Digital is operating at the current time. Most of Kornit Digital's value examination focuses on studying past and present price action to predict the probability of Kornit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kornit Digital's price. Additionally, you may evaluate how the addition of Kornit Digital to your portfolios can decrease your overall portfolio volatility.
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Is Kornit Digital'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 Kornit Digital. If investors know Kornit 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 Kornit Digital 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 (0.84) | Earnings Share (1.31) | Revenue Per Share 4.471 | Quarterly Revenue Growth (0.11) | Return On Assets (0.05) |
The market value of Kornit Digital is measured differently than its book value, which is the value of Kornit that is recorded on the company's balance sheet. Investors also form their own opinion of Kornit Digital's value that differs from its market value or its book value, called intrinsic value, which is Kornit Digital'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 Kornit Digital's market value can be influenced by many factors that don't directly affect Kornit Digital'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 Kornit Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kornit Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kornit Digital'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.