Kornit Digital Stock Technical Analysis
| KRNT Stock | USD 31.32 0.18 0.58% |
As of the 22nd of November, Kornit Digital secures the Downside Deviation of 2.36, risk adjusted performance of 0.154, and Mean Deviation of 2.49. Kornit Digital technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.
Kornit Digital Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kornit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KornitKornit |
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.
Kornit Digital Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Kornit Digital volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Kornit Digital Trend Analysis
Use this graph to draw trend lines for Kornit Digital. You can use it to identify possible trend reversals for Kornit Digital as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Kornit Digital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Kornit Digital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Kornit Digital applied against its price change over selected period. The best fit line has a slop of 0.18 , which means Kornit Digital will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1167.31, which is the sum of squared deviations for the predicted Kornit Digital price change compared to its average price change.About Kornit Digital Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Kornit Digital on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Kornit Digital based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kornit Digital price pattern first instead of the macroeconomic environment surrounding Kornit Digital. By analyzing Kornit Digital's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Kornit Digital's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Kornit Digital specific price patterns or momentum indicators. Please read more on our technical analysis page.
Kornit Digital November 22, 2024 Technical Indicators
Most technical analysis of Kornit help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Kornit from various momentum indicators to cycle indicators. When you analyze Kornit charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.154 | |||
| Market Risk Adjusted Performance | 0.693 | |||
| Mean Deviation | 2.49 | |||
| Semi Deviation | 1.74 | |||
| Downside Deviation | 2.36 | |||
| Coefficient Of Variation | 523.3 | |||
| Standard Deviation | 4.33 | |||
| Variance | 18.78 | |||
| Information Ratio | 0.1658 | |||
| Jensen Alpha | 0.6989 | |||
| Total Risk Alpha | 0.2529 | |||
| Sortino Ratio | 0.3048 | |||
| Treynor Ratio | 0.683 | |||
| Maximum Drawdown | 24.76 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 5.44 | |||
| Downside Variance | 5.56 | |||
| Semi Variance | 3.03 | |||
| Expected Short fall | (3.14) | |||
| Skewness | 3.04 | |||
| Kurtosis | 12.83 |
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.