Kornit Digital Stock Alpha and Beta Analysis
| KRNT Stock | USD 31.36 0.70 2.18% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Kornit Digital. It also helps investors analyze the systematic and unsystematic risks associated with investing in Kornit Digital over a specified time horizon. Remember, high Kornit Digital's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Kornit Digital's market risk premium analysis include:
Beta 2.9 | Alpha 0.44 | Risk 4.24 | Sharpe Ratio 0.23 | Expected Return 0.98 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Kornit |
Kornit Digital Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Kornit Digital market risk premium is the additional return an investor will receive from holding Kornit Digital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Kornit Digital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Kornit Digital's performance over market.| α | 0.44 | β | 2.90 |
Kornit Digital expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Kornit Digital's Buy-and-hold return. Our buy-and-hold chart shows how Kornit Digital performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Kornit Digital Market Price Analysis
Market price analysis 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 understating and applying Kornit Digital stock market price indicators, traders can identify Kornit Digital position entry and exit signals to maximize returns.
Kornit Digital Return and Market Media
The median price of Kornit Digital for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 24.48 with a coefficient of variation of 16.29. The daily time series for the period is distributed with a sample standard deviation of 4.1, arithmetic mean of 25.14, and mean deviation of 3.1. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Oracle, JP Morgan and Ally Financial Lead Afternoon Market Cap Stock Movers Tuesday | 09/10/2024 |
2 | Kornit Digital Ltd Shares Up 5.7 percent on Oct 28 | 10/28/2024 |
3 | Kornit Digital Non-GAAP EPS of 0.11 beats by 0.04, revenue of 50.73M beats by 0.29M | 11/06/2024 |
4 | Kornit Digital Ltd. Q3 2024 Earnings Call Transcript | 11/07/2024 |
5 | Kornit Digital Posts Earnings Results, Beats Expectations By 0.03 EPS | 11/08/2024 |
6 | Kornit Digital Turnaround Story Reflected In Valuation - Hold - Seeking Alpha | 11/11/2024 |
7 | Is Graham Stock Outpacing Its Industrial Products Peers This Year | 11/13/2024 |
8 | Kornit Digital is a Great Momentum Stock Should You Buy | 11/15/2024 |
About Kornit Digital Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Kornit or other stocks. Alpha measures the amount that position in Kornit Digital has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 56.45 | 90.55 | 155.5 | 163.27 | PTB Ratio | 7.79 | 1.32 | 1.18 | 1.12 |
Kornit Digital Upcoming Company Events
As portrayed in its financial statements, the presentation of Kornit Digital's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kornit Digital's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Kornit Digital's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Kornit Digital. Please utilize our Beneish M Score to check the likelihood of Kornit Digital's management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Kornit Stock Analysis
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.