Kinross Gold Stock Forecast - Period Momentum Indicator

K Stock  CAD 10.88  0.21  1.97%   
Kinross Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kinross Gold stock prices and determine the direction of Kinross Gold Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kinross Gold's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Kinross Gold's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Kinross Gold's systematic risk associated with finding meaningful patterns of Kinross Gold fundamentals over time.
Check out Historical Fundamental Analysis of Kinross Gold to cross-verify your projections.
To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.
  
At this time, Kinross Gold's Inventory Turnover is very stable compared to the past year. As of the 19th of May 2024, Payables Turnover is likely to grow to 28.44, while Asset Turnover is likely to drop 0.40. . As of the 19th of May 2024, Common Stock Shares Outstanding is likely to grow to about 1.3 B, while Net Loss is likely to drop (730.8 M).
Kinross Gold Corp has current Period Momentum Indicator of 0.21.
Most investors in Kinross Gold cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Kinross Gold's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Kinross Gold's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
Check Kinross Gold VolatilityBacktest Kinross GoldInformation Ratio  

Kinross Gold Trading Date Momentum

On May 19 2024 Kinross Gold Corp was traded for  10.88  at the closing time. The top price for the day was 10.93  and the lowest listed price was  10.76 . There was no trading activity during the period 0.0. Lack of trading volume on May 19, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.74% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Kinross Gold

For every potential investor in Kinross, whether a beginner or expert, Kinross Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kinross Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kinross. Basic forecasting techniques help filter out the noise by identifying Kinross Gold's price trends.

Kinross Gold Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Kinross Gold stock to make a market-neutral strategy. Peer analysis of Kinross Gold could also be used in its relative valuation, which is a method of valuing Kinross Gold by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Kinross Gold Corp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Kinross Gold's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Kinross Gold's current price.

Kinross Gold Market Strength Events

Market strength indicators help investors to evaluate how Kinross Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kinross Gold shares will generate the highest return on investment. By undertsting and applying Kinross Gold stock market strength indicators, traders can identify Kinross Gold Corp entry and exit signals to maximize returns.

Kinross Gold Risk Indicators

The analysis of Kinross Gold's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Kinross Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kinross stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Check out Historical Fundamental Analysis of Kinross Gold to cross-verify your projections.
To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Kinross Gold's price analysis, check to measure Kinross Gold'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 Kinross Gold is operating at the current time. Most of Kinross Gold's value examination focuses on studying past and present price action to predict the probability of Kinross Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinross Gold's price. Additionally, you may evaluate how the addition of Kinross Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Kinross Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinross Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinross Gold'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.