Kirklands Stock Market Value

KIRK
 Stock
  

USD 4.02  0.29  7.77%   

Kirklands' market value is the price at which a share of Kirklands stock trades on a public exchange. It measures the collective expectations of Kirklands investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Kirklands and determine expected loss or profit from investing in Kirklands over a given investment horizon. Please see Kirklands Correlation, Kirklands Volatility and Kirklands Alpha and Beta module to complement your research on Kirklands.
Symbol


Is Kirklands' 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 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 YOY
(0.34) 
Market Capitalization
47.6 M
Quarterly Revenue Growth YOY
(0.11) 
Return On Assets
(0.0162) 
Return On Equity
(0.22) 
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 Kirklands value 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.
0.00
09/30/2022
No Change 0.00  0.0 
In 2 months and 1 day
11/29/2022
0.00
If you would invest  0.00  in Kirklands on September 30, 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 60 days. Kirklands is related to or competes with OReilly Automotive, Autozone, Genuine Parts, Tractor Supply, Ulta Beauty, Best Buy, and C E. 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Kirklands' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Kirklands in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.193.728.57
Details
Intrinsic
Valuation
LowReal ValueHigh
3.368.8913.74
Details
Naive
Forecast
LowNext ValueHigh
0.083.868.70
Details
1 Analysts
Consensus
LowTarget PriceHigh
25.0025.0025.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kirklands. Your research has to be compared to or analyzed against Kirklands' peers to derive any actionable benefits. When done correctly, Kirklands' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Kirklands.

Kirklands Backtested Returns

Kirklands has Sharpe Ratio of -0.0074, which conveys that the firm had -0.0074% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Kirklands exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Kirklands risk adjusted performance of (0.06), and Mean Deviation of 3.94 to check out the risk estimate we provide.
The company secures a Beta (Market Risk) of 1.7469, which conveys a somewhat significant risk relative to the market. Let's try to break down what Kirklands's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kirklands will likely underperform. Even though it is essential to pay attention to Kirklands price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Kirklands exposes twenty-one different technical indicators, which can help you to evaluate its performance. Kirklands has an expected return of -0.0351%. Please be advised to verify Kirklands variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Kirklands performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.48  

Average predictability

Kirklands has average predictability. Overlapping area represents the amount of predictability between Kirklands time series from 30th of September 2022 to 30th of October 2022 and 30th of October 2022 to 29th of November 2022. 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 0.48 indicates that about 48.0% of current Kirklands price fluctuation can be explain by its past prices.
Correlation Coefficient0.48
Spearman Rank Test0.31
Residual Average0.0
Price Variance0.05

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 stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       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   
Share
       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   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Kirklands without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see Kirklands Correlation, Kirklands Volatility and Kirklands Alpha and Beta module to complement your research on Kirklands. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Kirklands price analysis, check to measure Kirklands' 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 Kirklands is operating at the current time. Most of Kirklands' value examination focuses on studying past and present price action to predict the probability of Kirklands' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kirklands' price. Additionally, you may evaluate how the addition of Kirklands to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of Kirklands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kirklands 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...