Knight Transportation Stock Forecast - Day Median Price

KNX Stock  USD 59.09  0.50  0.84%   
Knight Stock Forecast is based on your current time horizon.
  
At this time, Knight Transportation's Payables Turnover is fairly stable compared to the past year. Fixed Asset Turnover is likely to rise to 1.71 in 2024, whereas Inventory Turnover is likely to drop 18.08 in 2024. . Net Income Applicable To Common Shares is likely to rise to about 931.4 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 92.4 M in 2024.
Knight Transportation has current Day Median Price of 59.61. Median Price is the statistical median of an asset price for a given trading period.
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Knight Transportation Trading Date Momentum

On November 28 2024 Knight Transportation was traded for  59.09  at the closing time. Highest Knight Transportation's price during the trading hours was 60.23  and the lowest price during the day was  59.00 . There was no trading activity during the period 0.0. Lack of trading volume on the 28th of November did not cause price change. The trading delta at closing time to current price is 1.08% .
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Knight Transportation

For every potential investor in Knight, whether a beginner or expert, Knight Transportation's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Knight Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Knight. Basic forecasting techniques help filter out the noise by identifying Knight Transportation's price trends.

Knight Transportation Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Knight Transportation stock to make a market-neutral strategy. Peer analysis of Knight Transportation could also be used in its relative valuation, which is a method of valuing Knight Transportation by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Knight Transportation Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Knight Transportation's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Knight Transportation's current price.

Knight Transportation Market Strength Events

Market strength indicators help investors to evaluate how Knight Transportation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Knight Transportation shares will generate the highest return on investment. By undertsting and applying Knight Transportation stock market strength indicators, traders can identify Knight Transportation entry and exit signals to maximize returns.

Knight Transportation Risk Indicators

The analysis of Knight Transportation's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Knight Transportation's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting knight stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Knight Stock Analysis

When running Knight Transportation's price analysis, check to measure Knight Transportation'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 Knight Transportation is operating at the current time. Most of Knight Transportation's value examination focuses on studying past and present price action to predict the probability of Knight Transportation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Knight Transportation's price. Additionally, you may evaluate how the addition of Knight Transportation to your portfolios can decrease your overall portfolio volatility.