Knowles Cor Stock Forecast - Polynomial Regression

KN Stock  USD 15.98  0.38  2.44%   
The Polynomial Regression forecasted value of Knowles Cor on the next trading day is expected to be 15.70 with a mean absolute deviation of  0.34  and the sum of the absolute errors of 20.83. Knowles Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Knowles Cor stock prices and determine the direction of Knowles Cor's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Knowles Cor's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Knowles Cor's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Knowles Cor's systematic risk associated with finding meaningful patterns of Knowles Cor fundamentals over time.
Check out Historical Fundamental Analysis of Knowles Cor to cross-verify your projections.
To learn how to invest in Knowles Stock, please use our How to Invest in Knowles Cor guide.
  
As of the 23rd of April 2024, Asset Turnover is likely to grow to 0.59, while Inventory Turnover is likely to drop 2.17. . As of the 23rd of April 2024, Common Stock Shares Outstanding is likely to grow to about 98 M, though Net Loss is likely to grow to (367.7 M).

Open Interest Against 2024-05-17 Knowles Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Knowles Cor's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Knowles Cor's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Knowles Cor stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Knowles Cor's open interest, investors have to compare it to Knowles Cor's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Knowles Cor is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Knowles. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Knowles Cor 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 Knowles Cor's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Knowles Cor's price structures and extracts relationships that further increase the generated results' accuracy.
Knowles Cor polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Knowles Cor as well as the accuracy indicators are determined from the period prices.

Knowles Cor Polynomial Regression Price Forecast For the 24th of April

Given 90 days horizon, the Polynomial Regression forecasted value of Knowles Cor on the next trading day is expected to be 15.70 with a mean absolute deviation of 0.34, mean absolute percentage error of 0.17, and the sum of the absolute errors of 20.83.
Please note that although there have been many attempts to predict Knowles Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Knowles Cor's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Knowles Cor Stock Forecast Pattern

Backtest Knowles CorKnowles Cor Price PredictionBuy or Sell Advice 

Knowles Cor Forecasted Value

In the context of forecasting Knowles Cor's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Knowles Cor's downside and upside margins for the forecasting period are 13.97 and 17.43, respectively. We have considered Knowles Cor's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
15.98
15.70
Expected Value
17.43
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Knowles Cor stock data series using in forecasting. Note that when a statistical model is used to represent Knowles Cor stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria116.323
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3414
MAPEMean absolute percentage error0.0214
SAESum of the absolute errors20.8267
A single variable polynomial regression model attempts to put a curve through the Knowles Cor historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Knowles Cor

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Knowles Cor. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Knowles Cor's 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.
Hype
Prediction
LowEstimatedHigh
13.8415.5817.32
Details
Intrinsic
Valuation
LowRealHigh
14.0417.6019.34
Details
4 Analysts
Consensus
LowTargetHigh
17.5919.3321.46
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.180.180.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Knowles Cor. Your research has to be compared to or analyzed against Knowles Cor's peers to derive any actionable benefits. When done correctly, Knowles Cor's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Knowles Cor.

Other Forecasting Options for Knowles Cor

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

Knowles Cor 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 Knowles Cor stock to make a market-neutral strategy. Peer analysis of Knowles Cor could also be used in its relative valuation, which is a method of valuing Knowles Cor by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Knowles Cor 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 Knowles Cor'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 Knowles Cor's current price.

Knowles Cor Market Strength Events

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

Knowles Cor Risk Indicators

The analysis of Knowles Cor'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 Knowles Cor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting knowles 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.

Knowles Cor Investors Sentiment

The influence of Knowles Cor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Knowles. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Knowles Cor's public news can be used to forecast risks associated with an investment in Knowles. The trend in average sentiment can be used to explain how an investor holding Knowles can time the market purely based on public headlines and social activities around Knowles Cor. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Knowles Cor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Knowles Cor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Knowles Cor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Knowles Cor.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Knowles Cor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Knowles Cor's short interest history, or implied volatility extrapolated from Knowles Cor options trading.

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When determining whether Knowles Cor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Knowles Cor'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 Knowles Cor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Knowles Cor Stock:
Check out Historical Fundamental Analysis of Knowles Cor to cross-verify your projections.
To learn how to invest in Knowles Stock, please use our How to Invest in Knowles Cor guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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Is Knowles Cor'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 Knowles Cor. If investors know Knowles 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 Knowles Cor 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
5.093
Earnings Share
0.79
Revenue Per Share
7.784
Quarterly Revenue Growth
0.092
Return On Assets
0.0245
The market value of Knowles Cor is measured differently than its book value, which is the value of Knowles that is recorded on the company's balance sheet. Investors also form their own opinion of Knowles Cor's value that differs from its market value or its book value, called intrinsic value, which is Knowles Cor'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 Knowles Cor's market value can be influenced by many factors that don't directly affect Knowles Cor'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 Knowles Cor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knowles Cor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knowles Cor'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.