Kion Group Pink Sheet Forecast - Simple Moving Average
| KIGRY Stock | USD 19.21 0.05 0.26% |
The Simple Moving Average forecasted value of Kion Group AG on the next trading day is expected to be 19.18 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 19.84. Kion Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Kion Group's share price is below 20 . This indicates that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Kion Group hype-based prediction, you can estimate the value of Kion Group AG from the perspective of Kion Group response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Kion Group AG on the next trading day is expected to be 19.18 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 19.84. Kion Group after-hype prediction price | USD 19.18 |
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Kion |
Kion Group Additional Predictive Modules
Most predictive techniques to examine Kion price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Kion using various technical indicators. When you analyze Kion 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.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Kion Group Simple Moving Average Price Forecast For the 24th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Kion Group AG on the next trading day is expected to be 19.18 with a mean absolute deviation of 0.34, mean absolute percentage error of 0.18, and the sum of the absolute errors of 19.84.Please note that although there have been many attempts to predict Kion Pink Sheet 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 Kion Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Kion Group Pink Sheet Forecast Pattern
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Kion Group Forecasted Value
In the context of forecasting Kion Group's Pink Sheet 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. Kion Group's downside and upside margins for the forecasting period are 17.21 and 21.16, respectively. We have considered Kion Group'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Kion Group pink sheet data series using in forecasting. Note that when a statistical model is used to represent Kion Group pink sheet, 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 | 112.7403 |
| Bias | Arithmetic mean of the errors | -0.0671 |
| MAD | Mean absolute deviation | 0.3363 |
| MAPE | Mean absolute percentage error | 0.0181 |
| SAE | Sum of the absolute errors | 19.84 |
Predictive Modules for Kion Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kion Group AG. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Kion Group After-Hype Price Prediction Density Analysis
As far as predicting the price of Kion Group 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 Kion Group 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 Pink Sheet prices, such as prices of Kion Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Kion Group Estimiated After-Hype Price Volatility
In the context of predicting Kion Group's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Kion Group's historical news coverage. Kion Group's after-hype downside and upside margins for the prediction period are 17.19 and 21.17, respectively. We have considered Kion Group'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
Kion Group is very steady at this time. Analysis and calculation of next after-hype price of Kion Group AG is based on 3 months time horizon.
Kion Group Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Kion Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kion Group 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 Pink Sheet 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 Kion Group, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.27 | 1.97 | 0.00 | 3.22 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
19.21 | 19.18 | 0.00 |
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Kion Group Hype Timeline
Kion Group AG is now traded for 19.21. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -3.22. Kion is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is now at 0.27%. %. The volatility of related hype on Kion Group is about 16.5%, with the expected price after the next announcement by competition of 15.99. The company has price-to-book ratio of 0.64. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Kion Group AG has Price/Earnings To Growth (PEG) ratio of 0.36. The entity last dividend was issued on the 12th of May 2022. The firm had 1006:1000 split on the 21st of December 2020. Assuming the 90 days horizon the next projected press release will be uncertain. Check out Historical Fundamental Analysis of Kion Group to cross-verify your projections.Kion Group Related Hype Analysis
Having access to credible news sources related to Kion Group's direct competition is more important than ever and may enhance your ability to predict Kion Group's future price movements. Getting to know how Kion Group'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 Kion Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ZLIOY | ZoomLion | 0.00 | 0 per month | 0.00 | 0.02 | 5.47 | (4.04) | 28.94 | |
| SHKLY | Sinotruk Hong Kong | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| JPSWY | Japan Steel Works | 0.00 | 0 per month | 0.00 | (0.04) | 5.79 | (7.17) | 25.05 | |
| WEIGF | The Weir Group | 0.00 | 0 per month | 1.12 | (0.07) | 2.84 | (2.42) | 8.29 | |
| SMGKF | Smiths Group plc | 0.00 | 0 per month | 0.00 | (0.04) | 0.00 | 0.00 | 3.50 | |
| TMTNF | Toromont Industries | (119.40) | 7 per month | 0.68 | 0.06 | 3.61 | (1.23) | 9.16 | |
| TBABF | Trelleborg AB | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MLSPF | Melrose Industries PLC | 0.00 | 0 per month | 3.64 | 0.01 | 6.98 | (6.66) | 16.86 | |
| WEGRY | Weir Group PLC | 0.00 | 0 per month | 1.83 | 0.05 | 2.81 | (2.27) | 8.99 | |
| DNGFF | Dongfang Electric | 0.00 | 0 per month | 0.00 | 0.16 | 6.67 | 0.00 | 21.94 |
Other Forecasting Options for Kion Group
For every potential investor in Kion, whether a beginner or expert, Kion Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kion Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kion. Basic forecasting techniques help filter out the noise by identifying Kion Group's price trends.Kion Group 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 Kion Group pink sheet to make a market-neutral strategy. Peer analysis of Kion Group could also be used in its relative valuation, which is a method of valuing Kion Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kion Group Market Strength Events
Market strength indicators help investors to evaluate how Kion Group pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kion Group shares will generate the highest return on investment. By undertsting and applying Kion Group pink sheet market strength indicators, traders can identify Kion Group AG entry and exit signals to maximize returns.
Kion Group Risk Indicators
The analysis of Kion Group'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 Kion Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kion pink sheet 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 | 1.45 | |||
| Semi Deviation | 1.54 | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.79 | |||
| Downside Variance | 3.63 | |||
| Semi Variance | 2.39 | |||
| Expected Short fall | (1.52) |
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 Kion Group
The number of cover stories for Kion Group depends on current market conditions and Kion Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Kion Group 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 Kion Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Kion Group Short Properties
Kion Group's future price predictability will typically decrease when Kion Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Kion Group AG often depends not only on the future outlook of the potential Kion Group'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. Kion Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 524.4 M | |
| Cash And Short Term Investments | 517.6 M |
Additional Tools for Kion Pink Sheet Analysis
When running Kion Group's price analysis, check to measure Kion Group'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 Kion Group is operating at the current time. Most of Kion Group's value examination focuses on studying past and present price action to predict the probability of Kion Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kion Group's price. Additionally, you may evaluate how the addition of Kion Group to your portfolios can decrease your overall portfolio volatility.