Knoll Story

<div class='circular--portrait' style='background:#006400;color: #FFE4E1;font-size:3em;'>KNL</div>
KNL -- USA Stock  

USD 15.23  0.85  5.91%

As many millenniums are trying to avoid industrials space, it makes sense to summarize Knoll Inc a little further and try to understand its current market patterns. As we have suggested previously, Knoll is beginning its pull down as stakeholders shift to be more bearish due to the increased sector volatility. The returns on the market and returns on Knoll appear more or less related for the last few months. Sluggish essential indicators of the company may also denote signs of medium-term losses for Knoll stakeholders. Knoll Inc is scheduled to announce its earnings today.
Published over a month ago
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Should you pick up Knoll (NYSE:KNL) based on new technical indicators?
The company's average rating is Hold from 1 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Knoll market sentiment investors' perception of the future value of Knoll. Let us look at a few aspects of Knoll technical analysis. About 91.0% of the company shares are owned by institutional investors. Knoll Inc has price-to-book ratio of 1.6. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. The entity has Price/Earnings To Growth (PEG) ratio of 0.9. The firm last dividend was issued on the 14th of September 2020.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Knoll Inc. In general, we focus on analyzing Knoll stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Knoll's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Knoll's intrinsic value. In addition to deriving basic predictive indicators for Knoll, we also check how macroeconomic factors affect Knoll price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does Knoll Stands against Peers?

Analyzing Knoll competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Knoll across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Knoll Competition Details

How Knoll utilizes its cash?

To perform a cash flow analysis of Knoll, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Knoll is receiving and how much cash it distributes out in a given period. The Knoll cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Knoll Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 123.58 Million

Closer look at Knoll Downside Variance

Knoll Inc has current Downside Variance of 12.89. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.

Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.

Downside Variance 
 = 
SUM(RET DEV)2 
N(ER) 
 = 
12.89
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N(ER) = Number of points with returns less than expected return for the period
Let's now compare Knoll Downside Variance to its closest peers:
KNL
AVY
HNI
MLHR
KNL12.89
AVY3.87
HNI2.83
MLHR9.59

Will Knoll pull down impact its fundamentals?

New value at risk is at -4.8. Knoll Inc shows above-average downside volatility for the selected time horizon. We advise investors to inspect Knoll Inc further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Knoll future alpha.

Our Final Take On Knoll

While some other entities within the business equipment & supplies industry are still a little expensive, even after the recent corrections, Knoll may offer a potential longer-term growth to stakeholders. While some stakeholders may not share our view, we believe that right now is not a good time to increase your holdings in Knoll. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Knoll.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Knoll Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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