Millerknoll Stock Price on March 26, 2024

MLKN Stock  USD 25.25  0.28  1.10%   
Below is the normalized historical share price chart for MillerKnoll extending back to November 05, 1984. 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 MillerKnoll stands at 25.25, as last reported on the 26th of November, with the highest price reaching 25.53 and the lowest price hitting 25.01 during the day.
IPO Date
26th of March 1990
200 Day MA
26.8849
50 Day MA
24.3542
Beta
1.179
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MillerKnoll Stock, it is important to understand the factors that can impact its price. MillerKnoll has Sharpe Ratio of -0.0654, which conveys that the firm had a -0.0654% return per unit of risk over the last 3 months. MillerKnoll exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MillerKnoll's Mean Deviation of 1.71, standard deviation of 2.62, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide.
  
At this time, MillerKnoll's Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 4.2 B, while Common Stock Shares Outstanding is likely to drop about 61.7 M. . At this time, MillerKnoll's Price Cash Flow Ratio is very stable compared to the past year. As of the 26th of November 2024, Price Sales Ratio is likely to grow to 0.98, while Price Earnings Ratio is likely to drop (83.42). MillerKnoll Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0654

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Estimated Market Risk

 2.66
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average MillerKnoll 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 MillerKnoll by adding MillerKnoll to a well-diversified portfolio.
Price Book
1.3252
Enterprise Value Ebitda
11.016
Price Sales
0.4943
Shares Float
68.3 M
Dividend Share
0.75

MillerKnoll Valuation on March 26, 2024

It is possible to determine the worth of MillerKnoll on a given historical date. On March 26, 2024 MillerKnoll was worth 29.61 at the beginning of the trading date compared to the closed value of 29.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MillerKnoll stock. Still, in general, we apply an absolute valuation method to find MillerKnoll'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 MillerKnoll where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MillerKnoll's related companies.
 Open High Low Close Volume
  29.19    29.95    29.19    29.48    1,274,103  
03/26/2024
  29.61    29.81    29.31    29.58    867,024  
  30.04    30.41    29.86    30.13    1,135,453  
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Open Value
29.61
29.58
Closing Value
37.59
Upside

MillerKnoll Trading Date Momentum on March 26, 2024

On March 27 2024 MillerKnoll was traded for  30.13  at the closing time. The top price for the day was 30.41  and the lowest listed price was  29.86 . The trading volume for the day was 1.1 M. The trading history from March 27, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 1.86% . The trading delta at closing time against the current closing price is 10.68% .

MillerKnoll Fundamentals Correlations and Trends

By evaluating MillerKnoll'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 MillerKnoll's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MillerKnoll financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MillerKnoll Stock history

MillerKnoll 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 MillerKnoll is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MillerKnoll 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 MillerKnoll stock prices may prove useful in developing a viable investing in MillerKnoll
Last ReportedProjected for Next Year
Common Stock Shares Outstanding74 M61.7 M
Net Income Applicable To Common Shares37.9 M36 M

MillerKnoll Quarterly Net Working Capital

396.1 Million

MillerKnoll Stock Technical Analysis

MillerKnoll 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 MillerKnoll technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MillerKnoll 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

MillerKnoll Period Price Range

Low
November 26, 2024
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High

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MillerKnoll 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.

MillerKnoll November 26, 2024 Market Strength

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

MillerKnoll Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MillerKnoll's price direction in advance. Along with the technical and fundamental analysis of MillerKnoll Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MillerKnoll 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.
When determining whether MillerKnoll offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MillerKnoll's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millerknoll Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millerknoll Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MillerKnoll. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MillerKnoll. If investors know MillerKnoll will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MillerKnoll listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
55.604
Dividend Share
0.75
Earnings Share
0.87
Revenue Per Share
49.606
Quarterly Revenue Growth
(0.06)
The market value of MillerKnoll is measured differently than its book value, which is the value of MillerKnoll that is recorded on the company's balance sheet. Investors also form their own opinion of MillerKnoll's value that differs from its market value or its book value, called intrinsic value, which is MillerKnoll's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MillerKnoll's market value can be influenced by many factors that don't directly affect MillerKnoll's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MillerKnoll's value and its price as these two are different measures arrived at by different means. Investors typically determine if MillerKnoll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MillerKnoll's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.