Know Labs Stock Market Value
| KNW Stock | USD 0.24 0.01 4.35% |
| Symbol | Know |
Know Labs Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Know Labs. If investors know Know 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 Know Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.20) | Return On Assets (2.50) | Return On Equity (18.67) |
The market value of Know Labs is measured differently than its book value, which is the value of Know that is recorded on the company's balance sheet. Investors also form their own opinion of Know Labs' value that differs from its market value or its book value, called intrinsic value, which is Know Labs' 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 Know Labs' market value can be influenced by many factors that don't directly affect Know Labs' 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 Know Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Know Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Know Labs' 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.
Know Labs '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 Know Labs' 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 Know Labs.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Know Labs on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Know Labs or generate 0.0% return on investment in Know Labs over 30 days. Know Labs is related to or competes with Wearable Devices, Yoshiharu Global, BioAffinity Technologies,, and Jianzhi Education. Know Labs, Inc. focuses on the development and commercialization of proprietary technologies in the United States More
Know Labs 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 Know Labs' 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 Know Labs upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 22.62 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 7.41 |
Know Labs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Know Labs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Know Labs' standard deviation. In reality, there are many statistical measures that can use Know Labs historical prices to predict the future Know Labs' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | (0.32) |
Know Labs Backtested Returns
Know Labs has Sharpe Ratio of -0.0601, which conveys that the firm had a -0.0601% return per unit of risk over the last 3 months. Know Labs exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Know Labs' Standard Deviation of 4.95, risk adjusted performance of (0.03), and Mean Deviation of 3.72 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.91, which conveys possible diversification benefits within a given portfolio. Know Labs returns are very sensitive to returns on the market. As the market goes up or down, Know Labs is expected to follow. At this point, Know Labs has a negative expected return of -0.29%. Please make sure to verify Know Labs' total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Know Labs performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Know Labs has good reverse predictability. Overlapping area represents the amount of predictability between Know Labs time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Know Labs price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Know Labs price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Know Labs lagged returns against current returns
Autocorrelation, which is Know Labs 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 Know Labs' stock expected returns. We can calculate the autocorrelation of Know Labs returns to help us make a trade decision. For example, suppose you find that Know Labs 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 |
Know Labs 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 Know Labs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Know Labs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Know Labs stock over time.
Current vs Lagged Prices |
| Timeline |
Know Labs Lagged Returns
When evaluating Know Labs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Know Labs stock have on its future price. Know Labs 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, Know Labs autocorrelation shows the relationship between Know Labs stock current value and its past values and can show if there is a momentum factor associated with investing in Know Labs.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Know Stock Analysis
When running Know Labs' price analysis, check to measure Know Labs' 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 Know Labs is operating at the current time. Most of Know Labs' value examination focuses on studying past and present price action to predict the probability of Know Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Know Labs' price. Additionally, you may evaluate how the addition of Know Labs to your portfolios can decrease your overall portfolio volatility.