Kirby Stock Technical Analysis

KEX Stock  USD 94.93  0.10  0.11%   
As of the 28th of March, Kirby secures the Downside Deviation of 1.13, risk adjusted performance of 0.1159, and Mean Deviation of 0.9319. Kirby 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 nineteen technical drivers for Kirby, which can be compared to its peers in the industry. Please verify Kirby variance and potential upside to decide if Kirby is priced some-what accurately, providing market reflects its recent price of 94.93 per share. Given that Kirby has jensen alpha of 0.104, we recommend you to check Kirby's last-minute market performance to make sure the company can sustain itself at a future point.

Kirby Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kirby, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Kirby
  
Kirby's 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.

Kirby Analyst Consensus

Target PriceAdvice# of Analysts
98.67Strong Buy4Odds
Kirby current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Kirby 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 Kirby stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Kirby, talking to its executives and customers, or listening to Kirby conference calls.
Kirby Analyst Advice Details
Kirby 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 Kirby technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kirby 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...

Kirby Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Kirby volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Kirby Trend Analysis

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

Kirby Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kirby applied against its price change over selected period. The best fit line has a slop of   0.29  , which may imply that Kirby will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 3265.87, which is the sum of squared deviations for the predicted Kirby price change compared to its average price change.

About Kirby 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 Kirby 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 Kirby based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kirby price pattern first instead of the macroeconomic environment surrounding Kirby. By analyzing Kirby'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 Kirby'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 Kirby specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Price Book Value Ratio1.241.472.11
Operating Cycle157.06137.6780.23

Kirby March 28, 2024 Technical Indicators

Most technical analysis of Kirby 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 Kirby from various momentum indicators to cycle indicators. When you analyze Kirby 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.
When determining whether Kirby offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kirby's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kirby Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kirby Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kirby. 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 more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.
Note that the Kirby information on this page should be used as a complementary analysis to other Kirby's 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Kirby Stock analysis

When running Kirby's price analysis, check to measure Kirby'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 Kirby is operating at the current time. Most of Kirby's value examination focuses on studying past and present price action to predict the probability of Kirby's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kirby's price. Additionally, you may evaluate how the addition of Kirby to your portfolios can decrease your overall portfolio volatility.
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Is Kirby's 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 Kirby. If investors know Kirby 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 Kirby 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
1.021
Earnings Share
3.72
Revenue Per Share
51.933
Quarterly Revenue Growth
0.206
Return On Assets
0.0371
The market value of Kirby is measured differently than its book value, which is the value of Kirby that is recorded on the company's balance sheet. Investors also form their own opinion of Kirby's value that differs from its market value or its book value, called intrinsic value, which is Kirby's 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 Kirby's market value can be influenced by many factors that don't directly affect Kirby's 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 Kirby's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kirby is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kirby's 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.