World Kinect Stock Technical Analysis
| WKC Stock | 28.02 0.22 0.79% |
As of the 22nd of November, World Kinect maintains the Market Risk Adjusted Performance of 0.0498, downside deviation of 3.17, and Mean Deviation of 1.31. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of World Kinect, as well as the relationship between them.
World Kinect Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as World, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WorldWorld |
World Kinect Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 29.33 | Hold | 5 | Odds |
Most World analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand World stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of World Kinect, talking to its executives and customers, or listening to World conference calls.
World Kinect technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
World Kinect Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of World Kinect volatility. High ATR values indicate high volatility, and low values indicate low volatility.
World Kinect Trend Analysis
Use this graph to draw trend lines for World Kinect. You can use it to identify possible trend reversals for World Kinect as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual World Kinect price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.World Kinect Best Fit Change Line
The following chart estimates an ordinary least squares regression model for World Kinect applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in World Kinect will continue to fail. It has 122 observation points and a regression sum of squares at 22.17, which is the sum of squared deviations for the predicted World Kinect price change compared to its average price change.About World Kinect Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of World Kinect on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of World Kinect based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on World Kinect price pattern first instead of the macroeconomic environment surrounding World Kinect. By analyzing World Kinect's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of World Kinect's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to World Kinect specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0172 | 0.0182 | 0.0241 | 0.0253 | Price To Sales Ratio | 0.0531 | 0.0288 | 0.0296 | 0.0281 |
World Kinect November 22, 2024 Technical Indicators
Most technical analysis of World help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for World from various momentum indicators to cycle indicators. When you analyze World charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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 |
| Risk Adjusted Performance | 0.0286 | |||
| Market Risk Adjusted Performance | 0.0498 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 3.05 | |||
| Downside Deviation | 3.17 | |||
| Coefficient Of Variation | 3481.04 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.13 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0398 | |||
| Maximum Drawdown | 19.47 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 2.67 | |||
| Downside Variance | 10.03 | |||
| Semi Variance | 9.29 | |||
| Expected Short fall | (1.30) | |||
| Skewness | (3.71) | |||
| Kurtosis | 26.36 |
Complementary Tools for World Stock analysis
When running World Kinect's price analysis, check to measure World Kinect'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 World Kinect is operating at the current time. Most of World Kinect's value examination focuses on studying past and present price action to predict the probability of World Kinect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Kinect's price. Additionally, you may evaluate how the addition of World Kinect to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |