Kingstone Companies Stock Forecast - Simple Moving Average

KINS Stock  USD 15.96  0.94  6.26%   
The Simple Moving Average forecasted value of Kingstone Companies on the next trading day is expected to be 15.96 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.03. Kingstone Stock Forecast is based on your current time horizon.
  
At this time, Kingstone Companies' Fixed Asset Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.68 in 2024, whereas Inventory Turnover is likely to drop 2.22 in 2024. . Common Stock Shares Outstanding is likely to drop to about 5.6 M in 2024. Net Loss is likely to gain to about (6.3 M) in 2024.
A two period moving average forecast for Kingstone Companies is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Kingstone Companies Simple Moving Average Price Forecast For the 28th of November

Given 90 days horizon, the Simple Moving Average forecasted value of Kingstone Companies on the next trading day is expected to be 15.96 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.27, and the sum of the absolute errors of 21.03.
Please note that although there have been many attempts to predict Kingstone 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 Kingstone Companies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kingstone Companies Stock Forecast Pattern

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Kingstone Companies Forecasted Value

In the context of forecasting Kingstone Companies' 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. Kingstone Companies' downside and upside margins for the forecasting period are 12.00 and 19.92, respectively. We have considered Kingstone Companies' 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
15.96
15.96
Expected Value
19.92
Upside

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 Kingstone Companies stock data series using in forecasting. Note that when a statistical model is used to represent Kingstone Companies 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 Criteria114.9616
BiasArithmetic mean of the errors -0.1717
MADMean absolute deviation0.3505
MAPEMean absolute percentage error0.0314
SAESum of the absolute errors21.03
The simple moving average model is conceptually a linear regression of the current value of Kingstone Companies price series against current and previous (unobserved) value of Kingstone Companies. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Kingstone Companies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kingstone Companies. 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.
Hype
Prediction
LowEstimatedHigh
13.5117.4721.43
Details
Intrinsic
Valuation
LowRealHigh
3.907.8617.56
Details
1 Analysts
Consensus
LowTargetHigh
1.091.201.33
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.310.310.31
Details

Other Forecasting Options for Kingstone Companies

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

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

Kingstone Companies 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 Kingstone Companies' 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 Kingstone Companies' current price.

Kingstone Companies Market Strength Events

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

Kingstone Companies Risk Indicators

The analysis of Kingstone Companies' 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 Kingstone Companies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kingstone 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Kingstone Stock Analysis

When running Kingstone Companies' price analysis, check to measure Kingstone Companies' 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 Kingstone Companies is operating at the current time. Most of Kingstone Companies' value examination focuses on studying past and present price action to predict the probability of Kingstone Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingstone Companies' price. Additionally, you may evaluate how the addition of Kingstone Companies to your portfolios can decrease your overall portfolio volatility.