K Bro Linen Stock Price on May 23, 2023
KBL Stock | CAD 33.88 0.17 0.50% |
If you're considering investing in K-Bro Stock, it is important to understand the factors that can impact its price. As of today, the current price of K-Bro Linen stands at 33.88, as last reported on the 28th of February, with the highest price reaching 34.43 and the lowest price hitting 33.29 during the day. K Bro Linen retains Efficiency (Sharpe Ratio) of -0.16, which conveys that the company had a -0.16 % return per unit of return volatility over the last 3 months. K-Bro Linen exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify K-Bro Linen's Standard Deviation of 1.29, market risk adjusted performance of (1.15), and Mean Deviation of 0.9596 to check out the risk estimate we provide.
K-Bro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
K-Bro |
Sharpe Ratio = -0.1638
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Estimated Market Risk
1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average K-Bro Linen 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 K-Bro Linen by adding K-Bro Linen to a well-diversified portfolio.
K-Bro Linen Valuation on May 23, 2023
It is possible to determine the worth of K-Bro Linen on a given historical date. On May 23, 2023 K-Bro was worth 29.67 at the beginning of the trading date compared to the closed value of 29.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of K-Bro Linen stock. Still, in general, we apply an absolute valuation method to find K-Bro Linen'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 K-Bro Linen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against K-Bro Linen's related companies.
Open | High | Low | Close | Volume | |
29.60 | 29.66 | 29.39 | 29.66 | 4,100 | |
05/23/2023 | 29.67 | 29.75 | 29.43 | 29.67 | 3,800 |
29.67 | 29.67 | 29.43 | 29.49 | 2,400 |
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K-Bro Linen Trading Date Momentum on May 23, 2023
On May 24 2023 K Bro Linen was traded for 29.49 at the closing time. The maximum traded price for the trading interval was 29.67 and the lowest daily price was 29.43 . The daily volume was recorded at 2.4 K. The volume of trading on 24th of May 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.61% . The trading delta at closing time to the closing price today is 1.79% . |
K Bro Linen Fundamentals Correlations and Trends
By evaluating K-Bro Linen'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 K-Bro Linen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. K-Bro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About K-Bro Linen Stock history
K-Bro Linen 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 K-Bro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in K Bro Linen 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 K-Bro Linen stock prices may prove useful in developing a viable investing in K-Bro Linen
K-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. K-Bro Linen Inc. was founded in 1954 and is headquartered in Edmonton, Canada. KBRO LINEN operates under Specialty Business Services classification in Canada and is traded on Toronto Stock Exchange. It employs 2700 people.
K-Bro Linen Stock Technical Analysis
K-Bro Linen 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
K-Bro Linen Period Price Range
Low | February 28, 2025
| High |
0.00 | 0.00 |
K Bro Linen cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
K-Bro Linen February 28, 2025 Market Strength
Market strength indicators help investors to evaluate how K-Bro Linen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading K-Bro Linen shares will generate the highest return on investment. By undertsting and applying K-Bro Linen stock market strength indicators, traders can identify K Bro Linen entry and exit signals to maximize returns
K-Bro Linen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for K-Bro Linen's price direction in advance. Along with the technical and fundamental analysis of K-Bro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of K-Bro 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 | (0.12) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | (1.16) |
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Other Information on Investing in K-Bro Stock
K-Bro Linen financial ratios help investors to determine whether K-Bro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in K-Bro with respect to the benefits of owning K-Bro Linen security.