World Kinect Stock Forecast - Risk Adjusted Performance
| WKC Stock | 28.72 0.70 2.50% |
World Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast World Kinect stock prices and determine the direction of World Kinect's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of World Kinect's historical fundamentals, such as revenue growth or operating cash flow patterns.
World |
| Check World Kinect Volatility | Backtest World Kinect | Information Ratio |
World Kinect Trading Date Momentum
| On November 22 2024 World Kinect was traded for 28.72 at the closing time. Highest World Kinect's price during the trading hours was 28.86 and the lowest price during the day was 27.93 . The net volume was 426.1 K. The overall trading history on the 22nd of November had no short-term effect on price fluctuation. The trading price change to current price is 2.75% . |
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Other Forecasting Options for World Kinect
For every potential investor in World, whether a beginner or expert, World Kinect's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. World Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in World. Basic forecasting techniques help filter out the noise by identifying World Kinect's price trends.World Kinect 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 World Kinect stock to make a market-neutral strategy. Peer analysis of World Kinect could also be used in its relative valuation, which is a method of valuing World Kinect by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
World Kinect 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 World Kinect'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 World Kinect's current price.| Cycle Indicators | ||
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World Kinect Market Strength Events
Market strength indicators help investors to evaluate how World Kinect stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading World Kinect shares will generate the highest return on investment. By undertsting and applying World Kinect stock market strength indicators, traders can identify World Kinect entry and exit signals to maximize returns.
| Accumulation Distribution | 13729.81 | |||
| Daily Balance Of Power | 0.7527 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 28.4 | |||
| Day Typical Price | 28.5 | |||
| Price Action Indicator | 0.67 | |||
| Period Momentum Indicator | 0.7 |
World Kinect Risk Indicators
The analysis of World Kinect'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 World Kinect's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting world 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 | 1.31 | |||
| Semi Deviation | 3.05 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.13 | |||
| Downside Variance | 10.03 | |||
| Semi Variance | 9.29 | |||
| Expected Short fall | (1.30) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether World Kinect offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of World Kinect's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of World Kinect Stock. Outlined below are crucial reports that will aid in making a well-informed decision on World Kinect Stock:Check out Historical Fundamental Analysis of World Kinect to cross-verify your projections. For information on how to trade World Stock refer to our How to Trade World Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of World Kinect. If investors know World will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about World Kinect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Dividend Share 0.65 | Earnings Share 2.27 | Revenue Per Share 743.272 | Quarterly Revenue Growth (0.14) |
The market value of World Kinect is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Kinect's value that differs from its market value or its book value, called intrinsic value, which is World Kinect's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because World Kinect's market value can be influenced by many factors that don't directly affect World Kinect's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between World Kinect's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Kinect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Kinect's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.