KULR Technology Stock Forecast - Coefficient Of Variation
| KULR Stock | USD 0.42 0.03 7.69% |
KULR Stock Forecast is based on your current time horizon. Although KULR Technology's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of KULR Technology's systematic risk associated with finding meaningful patterns of KULR Technology fundamentals over time.
KULR |
| Check KULR Technology Volatility | Backtest KULR Technology | Information Ratio |
KULR Technology Trading Date Momentum
| On November 21 2024 KULR Technology Group was traded for 0.42 at the closing time. The top price for the day was 0.43 and the lowest listed price was 0.39 . The trading volume for the day was 16.6 M. The trading history from November 21, 2024 did not cause price change. The trading delta at closing time against the current closing price is 4.76% . |
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Other Forecasting Options for KULR Technology
For every potential investor in KULR, whether a beginner or expert, KULR Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. KULR Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in KULR. Basic forecasting techniques help filter out the noise by identifying KULR Technology's price trends.KULR Technology 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 KULR Technology stock to make a market-neutral strategy. Peer analysis of KULR Technology could also be used in its relative valuation, which is a method of valuing KULR Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
KULR Technology Group 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 KULR Technology'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 KULR Technology's current price.| Cycle Indicators | ||
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KULR Technology Market Strength Events
Market strength indicators help investors to evaluate how KULR Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KULR Technology shares will generate the highest return on investment. By undertsting and applying KULR Technology stock market strength indicators, traders can identify KULR Technology Group entry and exit signals to maximize returns.
KULR Technology Risk Indicators
The analysis of KULR Technology'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 KULR Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kulr 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 | 4.94 | |||
| Semi Deviation | 4.54 | |||
| Standard Deviation | 7.58 | |||
| Variance | 57.44 | |||
| Downside Variance | 51.64 | |||
| Semi Variance | 20.64 | |||
| Expected Short fall | (9.29) |
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 KULR Technology
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 KULR Technology 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 KULR Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with KULR Stock
Moving against KULR Stock
| 0.75 | ENPH | Enphase Energy | PairCorr |
| 0.64 | VRRM | Verra Mobility Corp | PairCorr |
| 0.52 | NTIP | Network 1 Technologies | PairCorr |
The ability to find closely correlated positions to KULR Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KULR Technology 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 KULR Technology - 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 KULR Technology Group to buy it.
The correlation of KULR Technology 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 KULR Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KULR Technology Group 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 KULR Technology 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.Additional Tools for KULR Stock Analysis
When running KULR Technology's price analysis, check to measure KULR Technology'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 KULR Technology is operating at the current time. Most of KULR Technology's value examination focuses on studying past and present price action to predict the probability of KULR Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KULR Technology's price. Additionally, you may evaluate how the addition of KULR Technology to your portfolios can decrease your overall portfolio volatility.