Kimball Electronics Stock Technical Analysis

KE Stock  USD 21.65  0.85  4.09%   
As of the 28th of March, Kimball Electronics secures the Risk Adjusted Performance of (0.05), mean deviation of 1.78, and Standard Deviation of 2.73. Kimball Electronics 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. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Kimball Electronics, which can be compared to its peers in the industry. Please verify Kimball Electronics variance and value at risk to decide if Kimball Electronics is priced some-what accurately, providing market reflects its recent price of 21.65 per share. Given that Kimball Electronics has information ratio of (0.16), we recommend you to check Kimball Electronics's last-minute market performance to make sure the company can sustain itself at a future point.

Kimball Electronics Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kimball, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Kimball
  
Kimball Electronics' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Kimball Electronics Analyst Consensus

Target PriceAdvice# of Analysts
37.67Strong Buy5Odds
Kimball Electronics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Kimball analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Kimball stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Kimball Electronics, talking to its executives and customers, or listening to Kimball conference calls.
Kimball Analyst Advice Details
Kimball Electronics 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 Kimball Electronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kimball Electronics 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...

Kimball Electronics Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Kimball Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Kimball Electronics Trend Analysis

Use this graph to draw trend lines for Kimball Electronics. You can use it to identify possible trend reversals for Kimball Electronics 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 Kimball Electronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Kimball Electronics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kimball Electronics applied against its price change over selected period. The best fit line has a slop of   0.09  , which may indicate that the price for Kimball Electronics will continue to decline. It has 122 observation points and a regression sum of squares at 282.9, which is the sum of squared deviations for the predicted Kimball Electronics price change compared to its average price change.

About Kimball Electronics 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 Kimball Electronics 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 Kimball Electronics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kimball Electronics price pattern first instead of the macroeconomic environment surrounding Kimball Electronics. By analyzing Kimball Electronics'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 Kimball Electronics'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 Kimball Electronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2022 (projected)
Price To Sales Ratio0.420.38
Price Earnings Ratio9.612.32

Kimball Electronics March 28, 2024 Technical Indicators

Most technical analysis of Kimball 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 Kimball from various momentum indicators to cycle indicators. When you analyze Kimball 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.

Kimball Electronics March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Kimball stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Kimball Electronics is a strong investment it is important to analyze Kimball Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kimball Electronics' future performance. For an informed investment choice regarding Kimball Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimball Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.
Note that the Kimball Electronics information on this page should be used as a complementary analysis to other Kimball Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Kimball Stock analysis

When running Kimball Electronics' price analysis, check to measure Kimball Electronics' 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 Kimball Electronics is operating at the current time. Most of Kimball Electronics' value examination focuses on studying past and present price action to predict the probability of Kimball Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kimball Electronics' price. Additionally, you may evaluate how the addition of Kimball Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Kimball Electronics' industry 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 Kimball Electronics. If investors know Kimball 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 Kimball Electronics 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
0.906
Earnings Share
2.16
Revenue Per Share
73.575
Quarterly Revenue Growth
0.15
Return On Assets
0.049
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' 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 Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' 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 Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimball Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' 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.