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KNOP
Stock ticker: NYSE
AS OF
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Price
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Capitalization
192.16M

KNOP Knot Offshore Partners LP Forecast, Technical & Fundamental Analysis

a company, which engages in the business of owning, operating and acquiring shuttle tankers under long-term charters

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for KNOP with price predictions
07:00 PM EST Dec 04, 2023

KNOP's Indicator enters downward trend

The Aroon Indicator for KNOP entered a downward trend on December 05, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 145 similar instances where the Aroon Indicator formed such a pattern. In of the 145 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on KNOP as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for KNOP turned negative on November 21, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

The 10-day moving average for KNOP crossed bearishly below the 50-day moving average on October 27, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where KNOP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where KNOP's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KNOP advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .

KNOP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.317) is normal, around the industry mean (1.000). P/E Ratio (7.740) is within average values for comparable stocks, (8.671). KNOP's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.374). Dividend Yield (0.019) settles around the average of (0.154) among similar stocks. P/S Ratio (0.726) is also within normal values, averaging (1.476).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. KNOP’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. KNOP’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 66, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nordic American Tanker (NYSE:NAT).

Industry description

The marine shipping industry provides passenger transportation or cargo shipping services via waterways. This industry includes freight towage, ferry services and warehousing on deep-sea and inland waterways. The aviation sector may have reduced the popularity of sea travel for several passengers, but it is still in demand for short trips and pleasure cruises. Teekay Offshore Partners L.P. Cum Red Perp Pfd., Kirby Corporation and Seaspan Corporation are some of the well-known names in the business.

Market Cap

The average market capitalization across the Marine Shipping Industry is 4.41B. The market cap for tickers in the group ranges from 1.87K to 40.18B. HPGLY holds the highest valuation in this group at 40.18B. The lowest valued company is PRGNF at 1.87K.

High and low price notable news

The average weekly price growth across all stocks in the Marine Shipping Industry was 1%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was 11%. GLBS experienced the highest price growth at 39%, while GTMAY experienced the biggest fall at -23%.

Volume

The average weekly volume growth across all stocks in the Marine Shipping Industry was -49%. For the same stocks of the Industry, the average monthly volume growth was -49% and the average quarterly volume growth was -40%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 28
P/E Growth Rating: 55
Price Growth Rating: 52
SMR Rating: 55
Profit Risk Rating: 65
Seasonality Score: 21 (-100 ... +100)
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A.I. Advisor
published Earnings

KNOP is expected to report earnings to fall 7.14% to -6 cents per share on March 13

Knot Offshore Partners LP KNOP Stock Earnings Reports
Q4'23
Est.
$-0.06
Q3'23
Est.
$-0.07
Q2'23
Missed
by $1.15
Q1'23
Missed
by $0.09
Q4'22
Beat
by $0.99
The last earnings report on November 28 showed earnings per share of -7 cents, meeting the estimate of -7 cents. With 106.14K shares outstanding, the current market capitalization sits at 192.16M.
A.I.Advisor
published Dividends

KNOP paid dividends on November 09, 2023

Knot Offshore Partners LP KNOP Stock Dividends
А dividend of $0.03 per share was paid with a record date of November 09, 2023, and an ex-dividend date of October 25, 2023. Read more...
A.I. Advisor
published General Information

General Information

a company, which engages in the business of owning, operating and acquiring shuttle tankers under long-term charters

Industry MarineShipping

Profile
Fundamentals
Details
Industry
Oilfield Services Or Equipment
Address
2 Queens Cross
Phone
+44 1224618420
Employees
694
Web
https://www.knotoffshorepartners.com
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KNOP and

Correlation & Price change

A.I.dvisor tells us that KNOP and KEX have been poorly correlated (+32% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that KNOP and KEX's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To KNOP
1D Price
Change %
KNOP100%
N/A
KEX - KNOP
32%
Poorly correlated
-3.46%
GASS - KNOP
28%
Poorly correlated
-4.15%
ESEA - KNOP
27%
Poorly correlated
-0.03%
SHIP - KNOP
26%
Poorly correlated
-1.59%
NM - KNOP
26%
Poorly correlated
N/A
More

Groups containing KNOP

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To KNOP
1D Price
Change %
KNOP100%
N/A
oil field service
(undefined stocks)
16%
Poorly correlated
-1.63%
oil field equipment
(undefined stocks)
16%
Poorly correlated
-1.59%
Transportation
(undefined stocks)
13%
Poorly correlated
-0.71%
Marine Shipping
(undefined stocks)
8%
Poorly correlated
-1.02%
europe
(undefined stocks)
3%
Poorly correlated
-0.65%