Kornit Digital Stock Price on March 28, 2024

KRNT Stock  USD 31.32  0.18  0.58%   
Below is the normalized historical share price chart for Kornit Digital extending back to April 02, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Kornit Digital stands at 31.32, as last reported on the 22nd of November, with the highest price reaching 31.85 and the lowest price hitting 31.19 during the day.
IPO Date
2nd of April 2015
200 Day MA
18.8737
50 Day MA
25.8225
Beta
1.926
 
Yuan Drop
 
Covid
If you're considering investing in Kornit Stock, it is important to understand the factors that can impact its price. Kornit Digital appears to be not too volatile, given 3 months investment horizon. Kornit Digital has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% 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 0.83% is justified by implied risk. Please exercise Kornit Digital's Mean Deviation of 2.53, risk adjusted performance of 0.1369, and Downside Deviation of 2.45 to check out if our risk estimates are consistent with your expectations.
  
At this time, Kornit Digital's Other Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 23.7 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 83.6 K in 2024. . At this time, Kornit Digital's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.87 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (28.52) in 2024. Kornit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1911

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Estimated Market Risk

 4.33
  actual daily
38
62% of assets are more volatile

Expected Return

 0.83
  actual daily
16
84% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average Kornit Digital is performing at about 15% 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.
Price Book
1.8769
Enterprise Value Ebitda
(7.52)
Price Sales
7.4573
Shares Float
43.1 M
Wall Street Target Price
29.6

Related Headline

Enpro Industries Headline on 28th of March 2024

Filed transaction by Enpro Industries Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Kornit Digital Valuation on March 28, 2024

It is possible to determine the worth of Kornit Digital on a given historical date. On March 28, 2024 Kornit was worth 17.47 at the beginning of the trading date compared to the closed value of 18.12. 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
  17.46    17.46    17.11    17.43    514,828  
03/28/2024
  17.47    18.14    17.45    18.12    777,621  
  18.29    18.29    17.44    17.87    453,864  
Backtest Kornit Digital  |  Kornit Digital History  |  Kornit Digital Valuation   PreviousNext  
Open Value
17.47
18.12
Closing Value
30.47
Upside

Kornit Digital Trading Date Momentum on March 28, 2024

On April 01 2024 Kornit Digital was traded for  17.87  at the closing time. The top price for the day was 18.29  and the lowest listed price was  17.44 . The trading volume for the day was 453.9 K. The trading history from April 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.38% . The trading delta at closing time against the current closing price is 6.18% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding49.2 M39.5 M
Net Loss-71.2 M-67.6 M

Kornit Digital Quarterly Net Working Capital

628.63 Million

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.
A focus of Kornit Digital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kornit Digital trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Kornit Digital Period Price Range

Low
November 22, 2024
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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 November 22, 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.

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.