Killam Apartment Stock Forecast - Daily Balance Of Power

KMP-UN Stock  CAD 18.55  0.19  1.03%   
Killam Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Killam Apartment stock prices and determine the direction of Killam Apartment Real's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Killam Apartment's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Killam Apartment's Payables Turnover is projected to drop slightly based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 267.63, whereas Inventory Turnover is forecasted to decline to 25.24. . The current year's Common Stock Shares Outstanding is expected to grow to about 127.7 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 141.9 M.
On November 25, 2024 Killam Apartment Real had Daily Balance Of Power of 0.4848. Balance of Power indicator (or BOP) measures the strength of Killam Apartment Real market sensitivity to bulls and bears. It estimates the ability of Killam Apartment buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Killam Apartment Balance of Power indicator one can determine a trend of the price direction.
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Killam Apartment Trading Date Momentum

On November 26 2024 Killam Apartment Real was traded for  18.03  at the closing time. The highest price during the trading period was 18.60  and the lowest recorded bid was listed for  17.95 . The volume for the day was 423 K. This history from November 26, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.06% . The trading delta at closing time to the current price is 0.81% .
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 Killam Apartment

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

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

Killam Apartment Real 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 Killam Apartment'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 Killam Apartment's current price.

Killam Apartment Market Strength Events

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

Killam Apartment Risk Indicators

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

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 Killam Apartment 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 Killam Apartment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Killam Stock

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Moving against Killam Stock

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  0.66ERC Eros Resources CorpPairCorr
The ability to find closely correlated positions to Killam Apartment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Killam Apartment 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 Killam Apartment - 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 Killam Apartment Real to buy it.
The correlation of Killam Apartment 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 Killam Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Killam Apartment Real 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 Killam Apartment 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Killam Stock

Killam Apartment financial ratios help investors to determine whether Killam Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Killam with respect to the benefits of owning Killam Apartment security.