Crown Electrokinetics Stock Forecast - Kurtosis
| CRKN Stock | USD 0.05 0 9.02% |
Crown Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Crown Electrokinetics stock prices and determine the direction of Crown Electrokinetics Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Crown Electrokinetics' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Crown Electrokinetics' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Crown Electrokinetics' systematic risk associated with finding meaningful patterns of Crown Electrokinetics fundamentals over time.
Check out Historical Fundamental Analysis of Crown Electrokinetics to cross-verify your projections. Crown |
Most investors in Crown Electrokinetics 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 Crown Electrokinetics' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Crown Electrokinetics' price structures and extracts relationships that further increase the generated results' accuracy.
| Previous Kurtosis | Kurtosis | Trend |
| 0 | 0 |
| Check Crown Electrokinetics Volatility | Backtest Crown Electrokinetics | Information Ratio |
Crown Electrokinetics Trading Date Momentum
| On April 16 2024 Crown Electrokinetics Corp was traded for 0.05 at the closing time. The top price for the day was 0.06 and the lowest listed price was 0.05 . There was no trading activity during the period 0.0. Lack of trading volume on April 16, 2024 did not affect price variability. The overall trading delta against the current closing price is 11.34% . |
| Compare Crown Electrokinetics to competition |
Other Forecasting Options for Crown Electrokinetics
For every potential investor in Crown, whether a beginner or expert, Crown Electrokinetics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Crown Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Crown. Basic forecasting techniques help filter out the noise by identifying Crown Electrokinetics' price trends.Crown Electrokinetics 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 Crown Electrokinetics stock to make a market-neutral strategy. Peer analysis of Crown Electrokinetics could also be used in its relative valuation, which is a method of valuing Crown Electrokinetics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Crown Electrokinetics 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 Crown Electrokinetics' 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 Crown Electrokinetics' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
Crown Electrokinetics Market Strength Events
Market strength indicators help investors to evaluate how Crown Electrokinetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Crown Electrokinetics shares will generate the highest return on investment. By undertsting and applying Crown Electrokinetics stock market strength indicators, traders can identify Crown Electrokinetics Corp entry and exit signals to maximize returns.
Crown Electrokinetics Risk Indicators
The analysis of Crown Electrokinetics' 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 Crown Electrokinetics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting crown 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.
| Mean Deviation | 4.31 | |||
| Standard Deviation | 6.59 | |||
| Variance | 43.47 |
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.
Pair Trading with Crown Electrokinetics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crown Electrokinetics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crown Electrokinetics will appreciate offsetting losses from the drop in the long position's value.Moving against Crown Stock
| 0.93 | CBT | Cabot Financial Report 13th of May 2024 | PairCorr |
| 0.92 | ESI | Element Solutions Financial Report 24th of April 2024 | PairCorr |
| 0.91 | LYB | LyondellBasell Industries Financial Report 26th of April 2024 | PairCorr |
| 0.9 | WTTR | Select Energy Services Financial Report 7th of May 2024 | PairCorr |
| 0.89 | LIN | Linde plc Ordinary Financial Report 25th of April 2024 | PairCorr |
The ability to find closely correlated positions to Crown Electrokinetics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crown Electrokinetics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crown Electrokinetics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crown Electrokinetics Corp to buy it.
The correlation of Crown Electrokinetics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crown Electrokinetics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crown Electrokinetics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crown Electrokinetics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Crown Electrokinetics to cross-verify your projections. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Crown Stock analysis
When running Crown Electrokinetics' price analysis, check to measure Crown Electrokinetics' 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 Crown Electrokinetics is operating at the current time. Most of Crown Electrokinetics' value examination focuses on studying past and present price action to predict the probability of Crown Electrokinetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crown Electrokinetics' price. Additionally, you may evaluate how the addition of Crown Electrokinetics to your portfolios can decrease your overall portfolio volatility.
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Is Crown Electrokinetics' 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 Crown Electrokinetics. If investors know Crown 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 Crown Electrokinetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.46) | Revenue Per Share 0.028 | Quarterly Revenue Growth (1.00) | Return On Assets (1.45) | Return On Equity (11.13) |
The market value of Crown Electrokinetics is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown Electrokinetics' value that differs from its market value or its book value, called intrinsic value, which is Crown Electrokinetics' 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 Crown Electrokinetics' market value can be influenced by many factors that don't directly affect Crown Electrokinetics' 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 Crown Electrokinetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown Electrokinetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Electrokinetics' 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.