Kornit Digital Stock Price on January 5, 2024
| KRNT Stock | USD 32.16 0.57 1.80% |
If you're considering investing in Kornit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kornit Digital stands at 32.16, as last reported on the 11th of December 2024, with the highest price reaching 32.57 and the lowest price hitting 31.55 during the day. Kornit Digital appears to be very steady, given 3 months investment horizon. Kornit Digital has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. By analyzing Kornit Digital's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please exercise Kornit Digital's Mean Deviation of 2.0, downside deviation of 1.9, and Risk Adjusted Performance of 0.1313 to check out if our risk estimates are consistent with your expectations.
Kornit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kornit |
Sharpe Ratio = 0.1709
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Estimated Market Risk
| 3.43 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Kornit Digital is performing at about 13% of its full potential. 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 Kornit Digital by adding it to a well-diversified portfolio.
Kornit Digital Valuation on January 5, 2024
It is possible to determine the worth of Kornit Digital on a given historical date. On January 5, 2024 Kornit was worth 17.27 at the beginning of the trading date compared to the closed value of 16.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kornit Digital stock. Still, in general, we apply an absolute valuation method to find Kornit Digital'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 Kornit Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kornit Digital's related companies.
| Open | High | Low | Close | Volume | |
| 17.41 | 17.69 | 17.08 | 17.43 | 645,914 | |
01/05/2024 | 17.27 | 17.50 | 16.65 | 16.68 | 489,620 |
| 16.96 | 17.27 | 16.44 | 17.16 | 649,242 |
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Kornit Digital Trading Date Momentum on January 5, 2024
| On January 08 2024 Kornit Digital was traded for 17.16 at the closing time. The top price for the day was 17.27 and the lowest listed price was 16.44 . The trading volume for the day was 649.2 K. The trading history from January 8, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 2.88% . The trading delta at closing time against the current closing price is 3.54% . |
Kornit Digital Fundamentals Correlations and Trends
By evaluating Kornit Digital'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 Kornit Digital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kornit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kornit Digital Stock history
Kornit Digital 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 Kornit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kornit Digital 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 Kornit Digital stock prices may prove useful in developing a viable investing in Kornit Digital
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh HaAyin, Israel. Kornit Digital operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 882 people.
Kornit Digital Stock Technical Analysis
Kornit Digital 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
Kornit Digital Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Kornit Digital cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Kornit Digital December 11, 2024 Market Strength
Market strength 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 undertsting and applying Kornit Digital stock market strength indicators, traders can identify Kornit Digital entry and exit signals to maximize returns
Kornit Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kornit Digital's price direction in advance. Along with the technical and fundamental analysis of Kornit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kornit 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 | 0.1313 | |||
| Jensen Alpha | 0.2242 | |||
| Total Risk Alpha | 0.0325 | |||
| Sortino Ratio | 0.2428 | |||
| Treynor Ratio | 0.1874 |
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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.