KB Financial Stock Forecast - Double Exponential Smoothing

KB Stock  USD 51.46  2.34  4.35%   
The Double Exponential Smoothing forecasted value of KB Financial Group on the next trading day is expected to be 51.02 with a mean absolute deviation of  1.08  and the sum of the absolute errors of 64.86. KB Financial Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast KB Financial stock prices and determine the direction of KB Financial Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of KB Financial's historical fundamentals, such as revenue growth or operating cash flow patterns. Although KB Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of KB Financial's systematic risk associated with finding meaningful patterns of KB Financial fundamentals over time.
Check out Historical Fundamental Analysis of KB Financial to cross-verify your projections.
  
At present, KB Financial's Fixed Asset Turnover is projected to increase slightly based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 77.02, whereas Payables Turnover is forecasted to decline to (7.87). . The current year's Net Income Applicable To Common Shares is expected to grow to about 5.3 T, whereas Common Stock Shares Outstanding is forecasted to decline to about 380.7 M.

Open Interest Against 2024-04-19 KB Financial Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast KB Financial'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 KB Financial's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for KB Financial 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 KB Financial's open interest, investors have to compare it to KB Financial'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 KB Financial 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 KB Financial. 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 KB Financial 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 KB Financial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets KB Financial's price structures and extracts relationships that further increase the generated results' accuracy.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for KB Financial works best with periods where there are trends or seasonality.

KB Financial Double Exponential Smoothing Price Forecast For the 29th of March

Given 90 days horizon, the Double Exponential Smoothing forecasted value of KB Financial Group on the next trading day is expected to be 51.02 with a mean absolute deviation of 1.08, mean absolute percentage error of 2.00, and the sum of the absolute errors of 64.86.
Please note that although there have been many attempts to predict KB Financial 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 KB Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

KB Financial Stock Forecast Pattern

Backtest KB FinancialKB Financial Price PredictionBuy or Sell Advice 

KB Financial Forecasted Value

In the context of forecasting KB Financial'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. KB Financial's downside and upside margins for the forecasting period are 48.13 and 53.91, respectively. We have considered KB Financial'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
51.46
51.02
Expected Value
53.91
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of KB Financial stock data series using in forecasting. Note that when a statistical model is used to represent KB Financial 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0354
MADMean absolute deviation1.081
MAPEMean absolute percentage error0.0223
SAESum of the absolute errors64.8592
When KB Financial Group prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any KB Financial Group trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent KB Financial observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for KB Financial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KB Financial Group. 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 KB Financial'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
48.2151.1053.99
Details
Intrinsic
Valuation
LowRealHigh
41.1544.0456.61
Details
Bollinger
Band Projection (param)
LowMiddleHigh
50.6853.2355.78
Details
1 Analysts
Consensus
LowTargetHigh
45.5050.0055.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as KB Financial. Your research has to be compared to or analyzed against KB Financial's peers to derive any actionable benefits. When done correctly, KB Financial'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 KB Financial Group.

Other Forecasting Options for KB Financial

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

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

KB Financial Group 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 KB Financial'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 KB Financial's current price.

KB Financial Market Strength Events

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

KB Financial Risk Indicators

The analysis of KB Financial'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 KB Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kb financial 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.

KB Financial Investors Sentiment

The influence of KB Financial'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 KB Financial. 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 KB Financial's public news can be used to forecast risks associated with an investment in KB Financial. The trend in average sentiment can be used to explain how an investor holding KB Financial can time the market purely based on public headlines and social activities around KB Financial Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
KB Financial'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 KB Financial'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 KB Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on KB Financial.
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 KB Financial 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, KB Financial's short interest history, or implied volatility extrapolated from KB Financial options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether KB Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KB Financial'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 Kb Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kb Financial Group Stock:
Check out Historical Fundamental Analysis of KB Financial to cross-verify your projections.
Note that the KB Financial Group information on this page should be used as a complementary analysis to other KB Financial'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for KB Financial Stock analysis

When running KB Financial's price analysis, check to measure KB Financial'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 KB Financial is operating at the current time. Most of KB Financial's value examination focuses on studying past and present price action to predict the probability of KB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KB Financial's price. Additionally, you may evaluate how the addition of KB Financial to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
CEOs Directory
Screen CEOs from public companies around the world
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Is KB Financial'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 KB Financial. If investors know KB Financial 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 KB Financial 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
1.932
Dividend Share
3.1 K
Earnings Share
8.57
Revenue Per Share
8.5 K
Quarterly Revenue Growth
(0.07)
The market value of KB Financial Group is measured differently than its book value, which is the value of KB Financial that is recorded on the company's balance sheet. Investors also form their own opinion of KB Financial's value that differs from its market value or its book value, called intrinsic value, which is KB Financial'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 KB Financial's market value can be influenced by many factors that don't directly affect KB Financial'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 KB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if KB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KB Financial'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.