Kineta Stock Forecast - Price Action Indicator

KA Stock   0.48  0.04  7.69%   
Kineta Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kineta stock prices and determine the direction of Kineta Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kineta's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Asset Turnover is expected to grow to 0.56, whereas Payables Turnover is forecasted to decline to 0. . The current year's Common Stock Shares Outstanding is expected to grow to about 11.6 M, whereas Net Loss is forecasted to decline to (11.2 M).
Kineta Inc has current Price Action Indicator of (0.04). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Kineta Trading Date Momentum

On November 22 2024 Kineta Inc was traded for  0.48  at the closing time. The highest price during the trading period was 0.52  and the lowest recorded bid was listed for  0.48 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not cause price change. The trading delta at closing time to the current price is 8.33% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Kineta

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

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

Kineta Inc 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 Kineta'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 Kineta's current price.

Kineta Market Strength Events

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

Kineta Risk Indicators

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Historical Fundamental Analysis of Kineta to cross-verify your projections.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Biotechnology space 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 Kineta. If investors know Kineta 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 Kineta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.64)
Quarterly Revenue Growth
(1.00)
Return On Assets
(1.14)
Return On Equity
(3.69)
The market value of Kineta Inc is measured differently than its book value, which is the value of Kineta that is recorded on the company's balance sheet. Investors also form their own opinion of Kineta's value that differs from its market value or its book value, called intrinsic value, which is Kineta'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 Kineta's market value can be influenced by many factors that don't directly affect Kineta'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 Kineta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kineta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kineta'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.