Knot Offshore Partners Stock Probability of Future Stock Price Finishing Over 6.08
| KNOP Stock | USD 5.96 0.01 0.17% |
KNOT |
KNOT Offshore Target Price Odds to finish over 6.08
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 move over $ 6.08 or more in 90 days |
| 5.96 | 90 days | 6.08 | about 85.41 |
Based on a normal probability distribution, the odds of KNOT Offshore to move over $ 6.08 or more in 90 days from now is about 85.41 (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 its current price of $ 5.96 and $ 6.08 at the end of the 90-day period is about 6.19 .
Given the investment horizon of 90 days KNOT Offshore Partners has a beta of -0.16. This indicates as returns on the benchmark increase, returns on holding KNOT Offshore are expected to decrease at a much lower rate. During a bear market, however, KNOT Offshore Partners is likely to outperform the market. 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 Dow Jones Industrial. 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.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 Dow Jones | -0.19 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | -0.15 |
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.| KNOT Offshore generated a negative expected return over the last 90 days | |
| KNOT Offshore Partners 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. Note, when we think about KNOT Offshore's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 290.72 M. Net Loss for the year was (34.33 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 7th of November 2024 KNOT Offshore paid $ 0.026 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: KNOT Offshore Partners LP Announces 3rd Quarter 2024 Earnings Results Conference Call |
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.
| KNOT Offshore generated a negative expected return over the last 90 days | |
| KNOT Offshore Partners 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. Note, when we think about KNOT Offshore's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 290.72 M. Net Loss for the year was (34.33 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 7th of November 2024 KNOT Offshore paid $ 0.026 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: KNOT Offshore Partners LP Announces 3rd Quarter 2024 Earnings Results Conference Call |
Additional 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.