Knight-Swift Transportation (Germany) Market Value
| KSX Stock | EUR 48.60 0.40 0.83% |
| Symbol | Knight-Swift |
Knight-Swift Transportation '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 Knight-Swift Transportation's 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 Knight-Swift Transportation.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in Knight-Swift Transportation on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding Knight Swift Transportation Holdings or generate 0.0% return on investment in Knight-Swift Transportation over 360 days. Knight-Swift Transportation is related to or competes with ArcBest, Seino Holdings, Heartland Express, and Fukuyama Transporting. Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in... More
Knight-Swift Transportation 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 Knight-Swift Transportation's 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 Knight Swift Transportation Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.32 | |||
| Information Ratio | 0.1486 | |||
| Maximum Drawdown | 13.14 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 4.73 |
Knight-Swift Transportation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Knight-Swift Transportation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Knight-Swift Transportation's standard deviation. In reality, there are many statistical measures that can use Knight-Swift Transportation historical prices to predict the future Knight-Swift Transportation's volatility.| Risk Adjusted Performance | 0.1412 | |||
| Jensen Alpha | 0.4483 | |||
| Total Risk Alpha | 0.1118 | |||
| Sortino Ratio | 0.1573 | |||
| Treynor Ratio | 2.98 |
Knight-Swift Transportation Backtested Returns
Knight-Swift Transportation appears to be very steady, given 3 months investment horizon. Knight-Swift Transportation has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Knight-Swift Transportation, which you can use to evaluate the volatility of the firm. Please exercise Knight-Swift Transportation's Risk Adjusted Performance of 0.1412, downside deviation of 2.32, and Mean Deviation of 1.87 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Knight-Swift Transportation holds a performance score of 12. The company secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Knight-Swift Transportation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Knight-Swift Transportation is expected to be smaller as well. Please check Knight-Swift Transportation's treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether Knight-Swift Transportation's current price movements will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Knight Swift Transportation Holdings has weak reverse predictability. Overlapping area represents the amount of predictability between Knight-Swift Transportation time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Knight-Swift Transportation price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Knight-Swift Transportation price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 15.07 |
Knight-Swift Transportation lagged returns against current returns
Autocorrelation, which is Knight-Swift Transportation 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 Knight-Swift Transportation's stock expected returns. We can calculate the autocorrelation of Knight-Swift Transportation returns to help us make a trade decision. For example, suppose you find that Knight-Swift Transportation 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 |
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Knight-Swift Transportation 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 Knight-Swift Transportation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Knight-Swift Transportation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Knight-Swift Transportation stock over time.
Current vs Lagged Prices |
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Knight-Swift Transportation Lagged Returns
When evaluating Knight-Swift Transportation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Knight-Swift Transportation stock have on its future price. Knight-Swift Transportation 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, Knight-Swift Transportation autocorrelation shows the relationship between Knight-Swift Transportation stock current value and its past values and can show if there is a momentum factor associated with investing in Knight Swift Transportation Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Knight-Swift Stock
Knight-Swift Transportation financial ratios help investors to determine whether Knight-Swift Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Knight-Swift with respect to the benefits of owning Knight-Swift Transportation security.