KULR Technology Stock Forecast - 20 Period Moving Average

KULR Stock  USD 0.38  0.03  7.32%   
The 20 Period Moving Average forecasted value of KULR Technology Group on the next trading day is expected to be 0.22 with a mean absolute deviation of  0.04  and the sum of the absolute errors of 1.89. KULR Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast KULR Technology stock prices and determine the direction of KULR Technology Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of KULR Technology's historical fundamentals, such as revenue growth or operating cash flow patterns. Although KULR Technology's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of KULR Technology's systematic risk associated with finding meaningful patterns of KULR Technology fundamentals over time.
Check out Historical Fundamental Analysis of KULR Technology to cross-verify your projections.
  
As of 03/29/2024, Payables Turnover is likely to grow to 2.10, while Inventory Turnover is likely to drop 0.91. . As of 03/29/2024, Common Stock Shares Outstanding is likely to drop to about 82 M. In addition to that, Net Loss is likely to grow to about (16.6 M).

Open Interest Against 2024-04-19 KULR Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast KULR Technology'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 KULR Technology's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for KULR Technology 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 KULR Technology's open interest, investors have to compare it to KULR Technology'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 KULR Technology 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 KULR. 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 KULR Technology 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 KULR Technology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets KULR Technology's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for KULR Technology Group is based on a synthetically constructed KULR Technologydaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

KULR Technology 20 Period Moving Average Price Forecast For the 30th of March

Given 90 days horizon, the 20 Period Moving Average forecasted value of KULR Technology Group on the next trading day is expected to be 0.22 with a mean absolute deviation of 0.04, mean absolute percentage error of 0.01, and the sum of the absolute errors of 1.89.
Please note that although there have been many attempts to predict KULR 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 KULR Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

KULR Technology Stock Forecast Pattern

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KULR Technology Forecasted Value

In the context of forecasting KULR Technology'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. KULR Technology's downside and upside margins for the forecasting period are 0 and 11.96, respectively. We have considered KULR Technology'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
0.38
0.22
Expected Value
11.96
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of KULR Technology stock data series using in forecasting. Note that when a statistical model is used to represent KULR Technology 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 Criteria78.0639
BiasArithmetic mean of the errors -0.0185
MADMean absolute deviation0.0449
MAPEMean absolute percentage error0.2018
SAESum of the absolute errors1.886
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. KULR Technology Group 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for KULR Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KULR Technology 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 KULR Technology'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
0.020.3812.07
Details
Intrinsic
Valuation
LowRealHigh
0.051.0812.77
Details
4 Analysts
Consensus
LowTargetHigh
2.983.283.64
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as KULR Technology. Your research has to be compared to or analyzed against KULR Technology's peers to derive any actionable benefits. When done correctly, KULR Technology'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 KULR Technology Group.

Other Forecasting Options for KULR Technology

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

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

KULR Technology 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 KULR Technology'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 KULR Technology's current price.

KULR Technology Market Strength Events

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

KULR Technology Risk Indicators

The analysis of KULR Technology'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 KULR Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kulr 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.

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When determining whether KULR Technology Group is a strong investment it is important to analyze KULR Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KULR Technology's future performance. For an informed investment choice regarding KULR Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of KULR Technology 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.

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Is KULR Technology'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 KULR Technology. If investors know KULR 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 KULR Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.20)
Revenue Per Share
0.082
Quarterly Revenue Growth
1.183
Return On Assets
(0.69)
Return On Equity
(5.03)
The market value of KULR Technology Group is measured differently than its book value, which is the value of KULR that is recorded on the company's balance sheet. Investors also form their own opinion of KULR Technology's value that differs from its market value or its book value, called intrinsic value, which is KULR Technology'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 KULR Technology's market value can be influenced by many factors that don't directly affect KULR Technology'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 KULR Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if KULR Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KULR Technology'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.