Kirby Stock Forecast - Jensen Alpha

KEX Stock  USD 126.36  3.43  2.64%   
Kirby Stock Forecast is based on your current time horizon.
  
At this time, Kirby's Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to rise to 6.20 in 2024, whereas Inventory Turnover is likely to drop 5.00 in 2024. . Common Stock Shares Outstanding is likely to drop to about 58.3 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 80.3 M in 2024.
On November 26, 2024 Kirby had Jensen Alpha of 0.
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Kirby Trading Date Momentum

On November 27 2024 Kirby was traded for  126.36  at the closing time. Highest Kirby's price during the trading hours was 129.81  and the lowest price during the day was  125.94 . The net volume was 422.5 K. The overall trading history on the 27th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.64% . The trading delta at closing time to current price is 0.23% .
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Other Forecasting Options for Kirby

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

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

Kirby 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 Kirby'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 Kirby's current price.

Kirby Market Strength Events

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

Kirby Risk Indicators

The analysis of Kirby'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 Kirby's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kirby 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.

Additional Tools for Kirby Stock Analysis

When running Kirby's price analysis, check to measure Kirby'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 Kirby is operating at the current time. Most of Kirby's value examination focuses on studying past and present price action to predict the probability of Kirby's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kirby's price. Additionally, you may evaluate how the addition of Kirby to your portfolios can decrease your overall portfolio volatility.