KBR Stock Forecast is based on your current time horizon. Although KBR's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of KBR's systematic risk associated with finding meaningful patterns of KBR fundamentals over time.
On April 26, 2024 KBR Inc had Daily Balance Of Power of 0.3293. Balance of Power indicator (or BOP) measures the strength of KBR Inc market sensitivity to bulls and bears. It estimates the ability of KBR buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring KBR Balance of Power indicator one can determine a trend of the price direction.
On April 29 2024 KBR Inc was traded for 65.68 at the closing time. Highest KBR's price during the trading hours was 65.88 and the lowest price during the day was 65.01 . The net volume was 2 M. The overall trading history on the 29th of April contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 1.06% . The trading delta at closing time to current price is 0.32% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
For every potential investor in KBR, whether a beginner or expert, KBR's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. KBR Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in KBR. Basic forecasting techniques help filter out the noise by identifying KBR's price trends.
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 KBR'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 KBR's current price.
Market strength indicators help investors to evaluate how KBR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KBR shares will generate the highest return on investment. By undertsting and applying KBR stock market strength indicators, traders can identify KBR Inc entry and exit signals to maximize returns.
The analysis of KBR'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 KBR's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kbr 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.
Pair Trading with KBR
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 KBR 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 KBR will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to KBR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KBR 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 KBR - 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 KBR Inc to buy it.
The correlation of KBR 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 KBR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KBR Inc 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 KBR 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.
When running KBR's price analysis, check to measure KBR'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 KBR is operating at the current time. Most of KBR's value examination focuses on studying past and present price action to predict the probability of KBR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KBR's price. Additionally, you may evaluate how the addition of KBR to your portfolios can decrease your overall portfolio volatility.