Kirklands Stock Market Value
| KIRK Stock | USD 1.59 0.01 0.63% |
| Symbol | Kirklands |
Kirklands Price To Book Ratio
Is Homefurnishing Retail 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 Kirklands. If investors know Kirklands 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 Kirklands 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 (0.34) | Earnings Share (1.49) | Revenue Per Share 35.488 | Quarterly Revenue Growth (0.04) | Return On Assets (0.04) |
The market value of Kirklands is measured differently than its book value, which is the value of Kirklands that is recorded on the company's balance sheet. Investors also form their own opinion of Kirklands' value that differs from its market value or its book value, called intrinsic value, which is Kirklands' 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 Kirklands' market value can be influenced by many factors that don't directly affect Kirklands' 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 Kirklands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kirklands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kirklands' 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.
Kirklands 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Kirklands' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Kirklands.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Kirklands on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Kirklands or generate 0.0% return on investment in Kirklands over 720 days. Kirklands is related to or competes with Small Cap, Freedom Holding, Gfl Environmental, Growth Fund, Spring Valley, Gold Fields, and Knife River. Kirklands, Inc. operates as a specialty retailer of home furnishings dcor in the United States More
Kirklands Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Kirklands' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Kirklands upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.58 | |||
| Information Ratio | 0.0285 | |||
| Maximum Drawdown | 22.39 | |||
| Value At Risk | (6.17) | |||
| Potential Upside | 6.86 |
Kirklands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kirklands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kirklands' standard deviation. In reality, there are many statistical measures that can use Kirklands historical prices to predict the future Kirklands' volatility.| Risk Adjusted Performance | 0.0462 | |||
| Jensen Alpha | 0.1386 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0347 | |||
| Treynor Ratio | 0.2518 |
Kirklands Backtested Returns
As of now, Kirklands Stock is very risky. Kirklands has Sharpe Ratio of 0.0251, which conveys that the firm had a 0.0251% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kirklands, which you can use to evaluate the volatility of the firm. Please verify Kirklands' Downside Deviation of 3.58, risk adjusted performance of 0.0462, and Mean Deviation of 3.17 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. Kirklands has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.83, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kirklands' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kirklands is expected to be smaller as well. Kirklands right now secures a risk of 4.32%. Please verify Kirklands value at risk, as well as the relationship between the skewness and day median price , to decide if Kirklands will be following its current price movements.
Auto-correlation | 0.58 |
Modest predictability
Kirklands has modest predictability. Overlapping area represents the amount of predictability between Kirklands time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kirklands price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Kirklands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Kirklands lagged returns against current returns
Autocorrelation, which is Kirklands stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Kirklands' stock expected returns. We can calculate the autocorrelation of Kirklands returns to help us make a trade decision. For example, suppose you find that Kirklands has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Kirklands regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Kirklands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kirklands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kirklands stock over time.
Current vs Lagged Prices |
| Timeline |
Kirklands Lagged Returns
When evaluating Kirklands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kirklands stock have on its future price. Kirklands autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Kirklands autocorrelation shows the relationship between Kirklands stock current value and its past values and can show if there is a momentum factor associated with investing in Kirklands.
Regressed Prices |
| Timeline |
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Kirklands 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.