Kits Eyecare Stock Forecast - Day Median Price

KITS Stock  CAD 8.85  0.15  1.67%   
Kits Stock Forecast is based on your current time horizon. Although Kits Eyecare's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Kits Eyecare's systematic risk associated with finding meaningful patterns of Kits Eyecare fundamentals over time.
  
At this time, Kits Eyecare's Inventory Turnover is very stable compared to the past year. As of the 29th of November 2024, Fixed Asset Turnover is likely to grow to 24.63, while Payables Turnover is likely to drop 4.61. . As of the 29th of November 2024, Common Stock Shares Outstanding is likely to drop to about 26.5 M. In addition to that, Net Loss is likely to drop to about (4.3 M).
Kits Eyecare has current Day Median Price of 8.93. Median Price is the statistical median of an asset price for a given trading period.
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Kits Eyecare Trading Date Momentum

On November 28 2024 Kits Eyecare was traded for  8.85  at the closing time. The highest price during the trading period was 9.03  and the lowest recorded bid was listed for  8.83 . The volume for the day was 36.5 K. This history from November 28, 2024 did not cause price change. The trading delta at closing time to the current price is 2.03% .
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Kits Eyecare

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

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

Kits Eyecare 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 Kits Eyecare'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 Kits Eyecare's current price.

Kits Eyecare Market Strength Events

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

Kits Eyecare Risk Indicators

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

Other Information on Investing in Kits Stock

Kits Eyecare financial ratios help investors to determine whether Kits 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 Kits with respect to the benefits of owning Kits Eyecare security.