Kinross Gold Stock Forecast - Total Risk Alpha
| KGC Stock | USD 6.60 0.04 0.61% |
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'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. Kinross |
Open Interest Against 2024-04-26 Kinross Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Kinross Gold'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 Kinross Gold's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Kinross Gold 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 Kinross Gold's open interest, investors have to compare it to Kinross Gold'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 Kinross Gold 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 Kinross. 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 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.
| Check Kinross Gold Volatility | Backtest Kinross Gold | Information Ratio |
Kinross Gold Trading Date Momentum
| On April 24 2024 Kinross Gold was traded for 6.60 at the closing time. Highest Kinross Gold's price during the trading hours was 6.62 and the lowest price during the day was 6.51 . The net volume was 12.3 M. The overall trading history on the 24th of April did not cause price change. The trading delta at closing time to current price is 0.91% . |
| Compare Kinross Gold to competition |
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 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 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.
| Mean Deviation | 1.86 | |||
| Semi Deviation | 1.93 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.42 | |||
| Downside Variance | 4.63 | |||
| Semi Variance | 3.71 | |||
| Expected Short fall | (2.13) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Kinross Gold to cross-verify your projections. For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.Note that the Kinross Gold information on this page should be used as a complementary analysis to other Kinross Gold'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Kinross Stock analysis
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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Is Kinross Gold'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 Kinross Gold. If investors know Kinross 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 Kinross Gold 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 0.809 | Dividend Share 0.12 | Earnings Share 0.34 | Revenue Per Share 3.455 | Quarterly Revenue Growth 0.037 |
The market value of Kinross Gold is measured differently than its book value, which is the value of Kinross that is recorded on the company's balance sheet. Investors also form their own opinion of Kinross Gold's value that differs from its market value or its book value, called intrinsic value, which is Kinross Gold'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 Kinross Gold's market value can be influenced by many factors that don't directly affect Kinross Gold'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 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.