Kinross Gold Stock Forecast - Triple Exponential Smoothing

K Stock  CAD 50.92  0.45  0.89%   
Kinross Stock outlook is based on your current time horizon. 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.
The relative strength momentum indicator of Kinross Gold's share price is above 70 as of today. This indicates that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Kinross, making its price go up or down.

Momentum 74

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Kinross Gold's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Kinross Gold Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Kinross Gold's stock price prediction:
Quarterly Earnings Growth
0.66
EPS Estimate Next Quarter
0.4376
EPS Estimate Current Year
1.7296
EPS Estimate Next Year
2.6188
Wall Street Target Price
44.2648
Using Kinross Gold hype-based prediction, you can estimate the value of Kinross Gold Corp from the perspective of Kinross Gold response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Kinross Gold Corp on the next trading day is expected to be 51.51 with a mean absolute deviation of 0.83 and the sum of the absolute errors of 48.95.

Kinross Gold after-hype prediction price

    
  CAD 48.2  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Kinross Gold to cross-verify your projections.
To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.

Kinross Gold Additional Predictive Modules

Most predictive techniques to examine Kinross price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Kinross using various technical indicators. When you analyze Kinross charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Triple exponential smoothing for Kinross Gold - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Kinross Gold 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 trend in Kinross Gold price movement. However, neither of these exponential smoothing models address any seasonality of Kinross Gold Corp.

Kinross Gold Triple Exponential Smoothing Price Forecast For the 27th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Kinross Gold Corp on the next trading day is expected to be 51.51 with a mean absolute deviation of 0.83, mean absolute percentage error of 1.13, and the sum of the absolute errors of 48.95.
Please note that although there have been many attempts to predict Kinross 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 Kinross Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kinross Gold Stock Forecast Pattern

Backtest Kinross Gold  Kinross Gold Price Prediction  Buy or Sell Advice  

Kinross Gold Forecasted Value

In the context of forecasting Kinross Gold'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. Kinross Gold's downside and upside margins for the forecasting period are 48.95 and 54.07, respectively. We have considered Kinross Gold'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
50.92
51.51
Expected Value
54.07
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Kinross Gold stock data series using in forecasting. Note that when a statistical model is used to represent Kinross Gold 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 0.1016
MADMean absolute deviation0.8297
MAPEMean absolute percentage error0.0215
SAESum of the absolute errors48.9529
As with simple exponential smoothing, in triple exponential smoothing models past Kinross Gold observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Kinross Gold Corp observations.

Predictive Modules for Kinross Gold

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kinross Gold Corp. 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 Kinross Gold'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
45.6448.2056.01
Details
Intrinsic
Valuation
LowRealHigh
45.8357.0359.59
Details
Bollinger
Band Projection (param)
LowMiddleHigh
35.4844.0652.65
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.390.590.46
Details

Kinross Gold After-Hype Price Density Analysis

As far as predicting the price of Kinross Gold at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Kinross Gold or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Kinross Gold, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Kinross Gold Estimiated After-Hype Price Volatility

In the context of predicting Kinross Gold's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Kinross Gold's historical news coverage. Kinross Gold's after-hype downside and upside margins for the prediction period are 45.64 and 56.01, respectively. We have considered Kinross Gold's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
50.92
48.20
After-hype Price
56.01
Upside
Kinross Gold is very steady at this time. Analysis and calculation of next after-hype price of Kinross Gold Corp is based on 3 months time horizon.

Kinross Gold Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Kinross Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kinross Gold backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Kinross Gold, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.78 
2.56
  2.72 
  0.59 
1 Events / Month
2 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
50.92
48.20
5.34 
73.35  
Notes

Kinross Gold Hype Timeline

Kinross Gold Corp is now traded for 50.92on Toronto Exchange of Canada. The entity has historical hype elasticity of -2.72, and average elasticity to hype of competition of -0.59. Kinross is anticipated to decline in value after the next headline, with the price expected to drop to 48.2. The average volatility of media hype impact on the company price is about 73.35%. The price decrease on the next news is expected to be -5.34%, whereas the daily expected return is now at 0.78%. The volatility of related hype on Kinross Gold is about 335.96%, with the expected price after the next announcement by competition of 50.33. About 68.0% of the company shares are owned by institutional investors. The company last dividend was issued on the 26th of November 2025. Kinross Gold Corp had 1:3 split on the 3rd of February 2003. Given the investment horizon of 90 days the next anticipated press release will be very soon.
Check out Historical Fundamental Analysis of Kinross Gold to cross-verify your projections.
To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.

Kinross Gold Related Hype Analysis

Having access to credible news sources related to Kinross Gold's direct competition is more important than ever and may enhance your ability to predict Kinross Gold's future price movements. Getting to know how Kinross Gold's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Kinross Gold may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
NTRNutrien(3.49)5 per month 1.44  0.14  3.40 (2.39) 9.99 
FNVFranco Nevada(3.66)9 per month 1.11  0.20  2.95 (2.00) 8.33 
LUGLundin Gold 1.93 9 per month 2.32  0.11  5.95 (3.64) 15.29 
AGIAlamos Gold(0.01)9 per month 2.04  0.16  4.79 (3.29) 11.97 
TECK-BTeck Resources Limited 0.72 8 per month 2.02  0.10  4.29 (3.71) 9.22 
TECK-ATeck Resources Limited(2.86)8 per month 1.88  0.11  3.43 (4.00) 9.69 
WPMWheaton Precious Metals 0.10 7 per month 1.47  0.27  3.72 (2.83) 7.46 
ELDEldorado Gold Corp(0.24)5 per month 1.19  0.34  4.82 (2.84) 11.64 
NGDNew Gold(0.30)10 per month 2.09  0.27  7.68 (3.10) 20.09 
OGCOceanaGold 0.19 1 per month 1.85  0.29  4.57 (3.88) 11.33 

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 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 Corp 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.
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.

Story Coverage note for Kinross Gold

The number of cover stories for Kinross Gold depends on current market conditions and Kinross Gold's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Kinross Gold is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Kinross Gold's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Kinross Gold Short Properties

Kinross Gold's future price predictability will typically decrease when Kinross Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Kinross Gold Corp often depends not only on the future outlook of the potential Kinross Gold's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Kinross Gold's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.2 B
Cash And Short Term Investments621.3 M

Other Information on Investing in Kinross Stock

Kinross Gold financial ratios help investors to determine whether Kinross Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kinross with respect to the benefits of owning Kinross Gold security.