KERN Old Stock Forecast - Relative Strength Index
| KERNDelisted Stock | USD 0.61 0.01 1.67% |
KERN Stock Forecast is based on your current time horizon.
KERN |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 32.94 | 32.94 |
| Check KERN Old Volatility | Backtest KERN Old | Information Ratio |
KERN Old Trading Date Momentum
| On November 30 2024 KERN Old was traded for 0.61 at the closing time. The top price for the day was 0.61 and the lowest listed price was 0.58 . There was no trading activity during the period 0.0. Lack of trading volume on November 30, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.64% . |
View KERN Old Related Equities
| Risk & Return | Correlation |
KERN Old Market Strength Events
Market strength indicators help investors to evaluate how KERN Old stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KERN Old shares will generate the highest return on investment. By undertsting and applying KERN Old stock market strength indicators, traders can identify KERN Old entry and exit signals to maximize returns.
KERN Old Risk Indicators
The analysis of KERN Old'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 KERN Old's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kern 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 | 2.63 | |||
| Standard Deviation | 3.57 | |||
| Variance | 12.78 |
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.
Pair Trading with KERN Old
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KERN Old position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KERN Old will appreciate offsetting losses from the drop in the long position's value.Moving together with KERN Stock
| 0.74 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.81 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.84 | PPERY | Bank Mandiri Persero | PairCorr |
Moving against KERN Stock
| 0.9 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.89 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.87 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.81 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.8 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
The ability to find closely correlated positions to KERN Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KERN Old when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KERN Old - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KERN Old to buy it.
The correlation of KERN Old is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KERN Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KERN Old moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KERN Old can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in KERN Stock
If you are still planning to invest in KERN Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the KERN Old's history and understand the potential risks before investing.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |