Kinder Morgan Stock Forecast - Naive Prediction
| KMI Stock | USD 18.81 0.05 0.27% |
The Naive Prediction forecasted value of Kinder Morgan on the next trading day is expected to be 18.98 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.51. Kinder Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kinder Morgan stock prices and determine the direction of Kinder Morgan's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kinder Morgan's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Kinder Morgan's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Kinder Morgan's systematic risk associated with finding meaningful patterns of Kinder Morgan fundamentals over time.
Check out Historical Fundamental Analysis of Kinder Morgan to cross-verify your projections. Kinder |
Open Interest Against 2024-04-26 Kinder Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Kinder Morgan'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 Kinder Morgan's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Kinder Morgan 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 Kinder Morgan's open interest, investors have to compare it to Kinder Morgan'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 Kinder Morgan 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 Kinder. 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 Kinder Morgan 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 Kinder Morgan's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Kinder Morgan's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Kinder Morgan is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Kinder Morgan value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period. Kinder Morgan Naive Prediction Price Forecast For the 26th of April
Given 90 days horizon, the Naive Prediction forecasted value of Kinder Morgan on the next trading day is expected to be 18.98 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.51.Please note that although there have been many attempts to predict Kinder 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 Kinder Morgan's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Kinder Morgan Stock Forecast Pattern
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Kinder Morgan Forecasted Value
In the context of forecasting Kinder Morgan'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. Kinder Morgan's downside and upside margins for the forecasting period are 17.97 and 19.99, respectively. We have considered Kinder Morgan'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Kinder Morgan stock data series using in forecasting. Note that when a statistical model is used to represent Kinder Morgan 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.| AIC | Akaike Information Criteria | 116.8761 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1696 |
| MAPE | Mean absolute percentage error | 0.0096 |
| SAE | Sum of the absolute errors | 10.5128 |
Predictive Modules for Kinder Morgan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kinder Morgan. 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 Kinder Morgan'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.
Other Forecasting Options for Kinder Morgan
For every potential investor in Kinder, whether a beginner or expert, Kinder Morgan's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kinder Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kinder. Basic forecasting techniques help filter out the noise by identifying Kinder Morgan's price trends.Kinder Morgan 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 Kinder Morgan stock to make a market-neutral strategy. Peer analysis of Kinder Morgan could also be used in its relative valuation, which is a method of valuing Kinder Morgan by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kinder Morgan 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 Kinder Morgan'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 Kinder Morgan's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Kinder Morgan Market Strength Events
Market strength indicators help investors to evaluate how Kinder Morgan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kinder Morgan shares will generate the highest return on investment. By undertsting and applying Kinder Morgan stock market strength indicators, traders can identify Kinder Morgan entry and exit signals to maximize returns.
Kinder Morgan Risk Indicators
The analysis of Kinder Morgan'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 Kinder Morgan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kinder 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 | 0.7669 | |||
| Semi Deviation | 0.6799 | |||
| Standard Deviation | 1.04 | |||
| Variance | 1.08 | |||
| Downside Variance | 0.7121 | |||
| Semi Variance | 0.4623 | |||
| Expected Short fall | (0.92) |
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.
Kinder Morgan Investors Sentiment
The influence of Kinder Morgan'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 Kinder. 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 Kinder Morgan's public news can be used to forecast risks associated with an investment in Kinder. The trend in average sentiment can be used to explain how an investor holding Kinder can time the market purely based on public headlines and social activities around Kinder Morgan. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Kinder Morgan'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 Kinder Morgan'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 Kinder Morgan's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Kinder Morgan.
Kinder Morgan Implied Volatility | 27.92 |
Kinder Morgan's implied volatility exposes the market's sentiment of Kinder Morgan stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Kinder Morgan's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Kinder Morgan stock will not fluctuate a lot when Kinder Morgan's options are near their expiration.
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 Kinder Morgan 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, Kinder Morgan's short interest history, or implied volatility extrapolated from Kinder Morgan options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Kinder Morgan to cross-verify your projections. For more detail on how to invest in Kinder Stock please use our How to Invest in Kinder Morgan guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Kinder Stock analysis
When running Kinder Morgan's price analysis, check to measure Kinder Morgan'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 Kinder Morgan is operating at the current time. Most of Kinder Morgan's value examination focuses on studying past and present price action to predict the probability of Kinder Morgan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinder Morgan's price. Additionally, you may evaluate how the addition of Kinder Morgan to your portfolios can decrease your overall portfolio volatility.
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Is Kinder Morgan'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 Kinder Morgan. If investors know Kinder 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 Kinder Morgan 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 0.113 | Dividend Share 1.135 | Earnings Share 1.09 | Revenue Per Share 6.864 | Quarterly Revenue Growth (0.01) |
The market value of Kinder Morgan is measured differently than its book value, which is the value of Kinder that is recorded on the company's balance sheet. Investors also form their own opinion of Kinder Morgan's value that differs from its market value or its book value, called intrinsic value, which is Kinder Morgan'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 Kinder Morgan's market value can be influenced by many factors that don't directly affect Kinder Morgan'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 Kinder Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinder Morgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinder Morgan'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.