Kitron ASA (Norway) Price Prediction
| KIT Stock | NOK 82.20 0.05 0.06% |
Momentum 68
Buy Stretched
Oversold | Overbought |
Using Kitron ASA hype-based prediction, you can estimate the value of Kitron ASA from the perspective of Kitron ASA response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Kitron ASA to buy its stock at a price that has no basis in reality. In that case, they are not buying Kitron because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Kitron ASA after-hype prediction price | NOK 82.2 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Kitron |
Kitron ASA After-Hype Price Prediction Density Analysis
As far as predicting the price of Kitron ASA at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Kitron ASA or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Kitron ASA, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Kitron ASA Estimiated After-Hype Price Volatility
In the context of predicting Kitron ASA's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Kitron ASA's historical news coverage. Kitron ASA's after-hype downside and upside margins for the prediction period are 80.19 and 84.21, respectively. We have considered Kitron ASA's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Kitron ASA is very steady at this time. Analysis and calculation of next after-hype price of Kitron ASA is based on 3 months time horizon.
Kitron ASA Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Kitron ASA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kitron ASA backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Kitron ASA, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.24 | 2.01 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
82.20 | 82.20 | 0.00 |
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Kitron ASA Hype Timeline
Kitron ASA is now traded for 82.20on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Kitron is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is now at 0.24%. %. The volatility of related hype on Kitron ASA is about 0.0%, with the expected price after the next announcement by competition of 82.20. About 15.0% of the company outstanding shares are owned by corporate insiders. The book value of Kitron ASA was now reported as 7.39. The company last dividend was issued on the 28th of April 2022. Kitron ASA had 914:903 split on the 31st of March 2005. Assuming the 90 days trading horizon the next anticipated press release will be uncertain. Check out Kitron ASA Basic Forecasting Models to cross-verify your projections.Kitron ASA Related Hype Analysis
Having access to credible news sources related to Kitron ASA's direct competition is more important than ever and may enhance your ability to predict Kitron ASA's future price movements. Getting to know how Kitron ASA's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Kitron ASA may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NORBT | Norbit ASA | 0.00 | 0 per month | 2.37 | (0.04) | 3.70 | (4.03) | 9.72 | |
| ATEA | Atea ASA | 0.00 | 0 per month | 0.87 | 0.08 | 2.12 | (1.67) | 5.95 | |
| PEXIP | Pexip Holding ASA | 0.00 | 0 per month | 1.64 | 0.10 | 3.19 | (2.37) | 19.78 | |
| PLT | Polight ASA | 0.00 | 0 per month | 3.87 | 0.08 | 7.14 | (4.28) | 29.85 | |
| NEXT | Next Biometrics Group | 0.00 | 0 per month | 0.00 | (0.13) | 7.38 | (8.66) | 84.41 | |
| ENSU | Ensurge Micropower ASA | 0.00 | 0 per month | 0.00 | (0.22) | 3.70 | (4.82) | 12.32 | |
| BOUV | Bouvet | 0.00 | 0 per month | 0.00 | (0.16) | 2.00 | (2.34) | 10.20 | |
| SMCRT | SmartCraft ASA | 0.00 | 0 per month | 0.00 | (0.08) | 3.77 | (3.70) | 8.32 | |
| NAPA | Napatech AS | 0.00 | 0 per month | 3.50 | 0.04 | 6.55 | (5.17) | 24.43 | |
| SMOP | Smartoptics Group AS | 0.00 | 0 per month | 2.41 | 0.11 | 5.21 | (4.36) | 31.93 |
Kitron ASA Additional Predictive Modules
Most predictive techniques to examine Kitron price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Kitron using various technical indicators. When you analyze Kitron charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Kitron ASA Predictive Indicators
The successful prediction of Kitron ASA stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Kitron ASA, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Kitron ASA based on analysis of Kitron ASA hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Kitron ASA's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Kitron ASA's related companies.
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Try AI Portfolio ProphetOther Information on Investing in Kitron Stock
Kitron ASA financial ratios help investors to determine whether Kitron 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 Kitron with respect to the benefits of owning Kitron ASA security.