Millerknoll Stock Price on May 23, 2024
| MLKN Stock | USD 18.96 0.44 2.38% |
Below is the normalized historical share price chart for MillerKnoll extending back to November 05, 1984. 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 MillerKnoll stands at 18.96, as last reported on the 16th of June 2024, with the highest price reaching 19.00 and the lowest price hitting 18.40 during the day.
If you're considering investing in MillerKnoll Stock, it is important to understand the factors that can impact its price. We have found thirty technical indicators for MillerKnoll, which you can use to evaluate the volatility of the firm. Please verify MillerKnoll's Downside Deviation of 2.66, mean deviation of 2.36, and Risk Adjusted Performance of 0.0462 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
At this time, MillerKnoll's Total Stockholder Equity is very stable compared to the past year. As of the 16th of June 2024, Liabilities And Stockholders Equity is likely to grow to about 5.2 B, while Common Stock Shares Outstanding is likely to drop about 61.8 M. . At this time, MillerKnoll's Price Fair Value is very stable compared to the past year. MillerKnoll Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 25.8786 | 50 Day MA 26.3982 | Beta 1.267 |
MillerKnoll |
Sharpe Ratio = 0.0
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Based on monthly moving average MillerKnoll 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 MillerKnoll by adding MillerKnoll to a well-diversified portfolio.
Price Book 1.3376 | Enterprise Value Ebitda 10.759 | Price Sales 0.5035 | Shares Float 70.8 M | Dividend Share 0.75 |
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MillerKnoll Valuation on May 23, 2024
It is possible to determine the worth of MillerKnoll on a given historical date. On May 23, 2024 MillerKnoll was worth 18.52 at the beginning of the trading date compared to the closed value of 18.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MillerKnoll stock. Still, in general, we apply an absolute valuation method to find MillerKnoll'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 MillerKnoll where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MillerKnoll's related companies.
| Open | High | Low | Close | Volume | |
06/16/2024 | 18.52 | 19.00 | 18.40 | 18.96 | 0.00 |
| Backtest MillerKnoll | | | MillerKnoll History | | | MillerKnoll Valuation |
MillerKnoll Trading Date Momentum on May 23, 2024
MillerKnoll Fundamentals Correlations and Trends
By evaluating MillerKnoll'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 MillerKnoll's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MillerKnoll financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MillerKnoll Stock history
MillerKnoll 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 MillerKnoll is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MillerKnoll 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 MillerKnoll stock prices may prove useful in developing a viable investing in MillerKnoll
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 68.4 M | 61.8 M | |
| Net Income Applicable To Common Shares | 37.9 M | 36 M |
MillerKnoll Quarterly Net Working Capital |
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MillerKnoll Stock Technical Analysis
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.
Price Boundaries
MillerKnoll Period Price Range
Low | June 16, 2024
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18.52 | 18.96 |
MillerKnoll June 16, 2024 Market Strength
Market strength 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 undertsting and applying MillerKnoll stock market strength indicators, traders can identify MillerKnoll entry and exit signals to maximize returns
MillerKnoll Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MillerKnoll's price direction in advance. Along with the technical and fundamental analysis of MillerKnoll Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MillerKnoll 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 | 0.0462 | |||
| Jensen Alpha | 0.1455 | |||
| Total Risk Alpha | 0.0267 | |||
| Sortino Ratio | 0.0453 | |||
| Treynor Ratio | 0.8824 |
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Additional Information and Resources on Investing in MillerKnoll Stock
When determining whether MillerKnoll offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MillerKnoll'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 Millerknoll Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millerknoll Stock:Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Commercial Services & Supplies space 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 MillerKnoll. If investors know MillerKnoll 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 MillerKnoll 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 55.604 | Dividend Share 0.75 | Earnings Share 0.96 | Revenue Per Share 49.707 | Quarterly Revenue Growth (0.11) |
The market value of MillerKnoll is measured differently than its book value, which is the value of MillerKnoll that is recorded on the company's balance sheet. Investors also form their own opinion of MillerKnoll's value that differs from its market value or its book value, called intrinsic value, which is MillerKnoll'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 MillerKnoll's market value can be influenced by many factors that don't directly affect MillerKnoll'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 MillerKnoll's value and its price as these two are different measures arrived at by different means. Investors typically determine if MillerKnoll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MillerKnoll'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.