Kaman Stock Forecast - Accumulation Distribution
| KAMNDelisted Stock | USD 24.02 0.21 0.88% |
Kaman Stock Forecast is based on your current time horizon.
Kaman |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1111.77 | 8906.47 |
| Check Kaman Volatility | Backtest Kaman | Trend Details |
Kaman Trading Date Momentum
| On June 01 2023 Kaman was traded for 21.18 at the closing time. The top price for the day was 21.66 and the lowest listed price was 20.66 . The trading volume for the day was 108.6 K. The trading history from June 1, 2023 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 2.87% . The trading delta at closing time against the current closing price is 8.21% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Kaman to competition
Kaman 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 Kaman stock to make a market-neutral strategy. Peer analysis of Kaman could also be used in its relative valuation, which is a method of valuing Kaman by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kaman Market Strength Events
Market strength indicators help investors to evaluate how Kaman stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kaman shares will generate the highest return on investment. By undertsting and applying Kaman stock market strength indicators, traders can identify Kaman entry and exit signals to maximize returns.
Kaman Risk Indicators
The analysis of Kaman'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 Kaman's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kaman 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 | 1.85 | |||
| Semi Deviation | 2.21 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.51 | |||
| Downside Variance | 5.87 | |||
| Semi Variance | 4.87 | |||
| Expected Short fall | (1.87) |
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 Kaman
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 Kaman 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 Kaman will appreciate offsetting losses from the drop in the long position's value.Moving together with Kaman Stock
Moving against Kaman Stock
| 0.83 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.66 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.62 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.5 | PG | Procter Gamble | PairCorr |
| 0.42 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Kaman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kaman 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 Kaman - 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 Kaman to buy it.
The correlation of Kaman 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 Kaman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kaman 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 Kaman 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Kaman Stock
If you are still planning to invest in Kaman check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kaman's history and understand the potential risks before investing.
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