Knorr Bremse Aktiengesellschaft Stock Price on February 8, 2024
KNRRY Stock | USD 19.03 0.23 1.22% |
If you're considering investing in Knorr Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Knorr Bremse stands at 19.03, as last reported on the 11th of December 2024, with the highest price reaching 19.04 and the lowest price hitting 18.96 during the day. Knorr Bremse Aktieng has Sharpe Ratio of -0.0613, which conveys that the firm had a -0.0613% return per unit of risk over the last 3 months. Knorr Bremse exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Knorr Bremse's Risk Adjusted Performance of (0.04), standard deviation of 1.54, and Mean Deviation of 1.17 to check out the risk estimate we provide.
Knorr Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Knorr |
Sharpe Ratio = -0.0613
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Estimated Market Risk
1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Knorr Bremse 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 Knorr Bremse by adding Knorr Bremse to a well-diversified portfolio.
Knorr Bremse Valuation on February 8, 2024
It is possible to determine the worth of Knorr Bremse on a given historical date. On February 8, 2024 Knorr was worth 14.94 at the beginning of the trading date compared to the closed value of 14.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Knorr Bremse pink sheet. Still, in general, we apply an absolute valuation method to find Knorr Bremse'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 Knorr Bremse where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Knorr Bremse's related companies.
Open | High | Low | Close | Volume | |
15.17 | 15.17 | 15.03 | 15.06 | 136,700 | |
02/08/2024 | 14.94 | 14.99 | 14.84 | 14.88 | 389,900 |
14.87 | 14.87 | 14.67 | 14.82 | 28,200 |
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Knorr Bremse Trading Date Momentum on February 8, 2024
On February 09 2024 Knorr Bremse Aktiengesellschaft was traded for 14.82 at the closing time. The highest daily price throughout the period was 14.87 and the lowest price was 14.67 . The daily volume was 28.2 K. The net trading volume on 02/09/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.40% . The trading delta at closing time to current closing price is 1.88% . |
Knorr Bremse Aktieng Fundamentals Correlations and Trends
By evaluating Knorr Bremse'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 Knorr Bremse's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Knorr financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Knorr Bremse Pink Sheet history
Knorr Bremse 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 Knorr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Knorr Bremse Aktieng 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 Knorr Bremse stock prices may prove useful in developing a viable investing in Knorr Bremse
Knorr-Bremse Aktiengesellschaft develops, produces, markets, and services braking and other systems for rail and commercial vehicles worldwide. Knorr-Bremse Aktiengesellschaft is a subsidiary of KB Holding GmbH. Knorr-Bremse operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 30655 people.
Knorr Bremse Pink Sheet Technical Analysis
Knorr Bremse technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Knorr Bremse Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
Knorr Bremse Aktiengesellschaft cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Knorr Bremse December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Knorr Bremse pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Knorr Bremse shares will generate the highest return on investment. By undertsting and applying Knorr Bremse pink sheet market strength indicators, traders can identify Knorr Bremse Aktiengesellschaft entry and exit signals to maximize returns
Knorr Bremse Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Knorr Bremse's price direction in advance. Along with the technical and fundamental analysis of Knorr Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Knorr 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 | (0.04) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.34) |
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Additional Tools for Knorr Pink Sheet Analysis
When running Knorr Bremse's price analysis, check to measure Knorr Bremse'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 Knorr Bremse is operating at the current time. Most of Knorr Bremse's value examination focuses on studying past and present price action to predict the probability of Knorr Bremse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Knorr Bremse's price. Additionally, you may evaluate how the addition of Knorr Bremse to your portfolios can decrease your overall portfolio volatility.