Kelly Services Stock Forecast - Daily Balance Of Power

KELYA Stock  USD 14.73  0.06  0.41%   
Kelly Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kelly Services stock prices and determine the direction of Kelly Services A's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kelly Services' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Kelly Services' Receivables Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 70.91, whereas Inventory Turnover is forecasted to decline to 110.80. . As of November 27, 2024, Common Stock Shares Outstanding is expected to decline to about 30.6 M. The current year's Net Loss is expected to grow to about (68.3 M).
On September 5, 2024 Kelly Services A had Daily Balance Of Power of (0.76). Balance of Power indicator (or BOP) measures the strength of Kelly Services A market sensitivity to bulls and bears. It estimates the ability of Kelly Services buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Kelly Services Balance of Power indicator one can determine a trend of the price direction.
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Kelly Services Trading Date Momentum

On September 06 2024 Kelly Services A was traded for  19.90  at the closing time. The highest daily price throughout the period was 20.58  and the lowest price was  19.85 . The daily volume was 132.7 K. The net trading volume on 09/06/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.59% . The trading delta at closing time to current closing price is 1.81% .
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.
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Other Forecasting Options for Kelly Services

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

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

Kelly Services A 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 Kelly Services' 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 Kelly Services' current price.

Kelly Services Market Strength Events

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

Kelly Services Risk Indicators

The analysis of Kelly Services' 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 Kelly Services' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kelly 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.

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 Kelly Services A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kelly Services' 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 Kelly Services A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kelly Services A Stock:
Check out Historical Fundamental Analysis of Kelly Services to cross-verify your projections.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Human Resource & Employment Services 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 Kelly Services. If investors know Kelly 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 Kelly Services 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
(0.89)
Dividend Share
0.3
Earnings Share
1.16
Revenue Per Share
123.616
Quarterly Revenue Growth
(0.07)
The market value of Kelly Services A is measured differently than its book value, which is the value of Kelly that is recorded on the company's balance sheet. Investors also form their own opinion of Kelly Services' value that differs from its market value or its book value, called intrinsic value, which is Kelly Services' 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 Kelly Services' market value can be influenced by many factors that don't directly affect Kelly Services' 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 Kelly Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kelly Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kelly Services' 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.