Kforce Stock Forecast - Accumulation Distribution
| KFRC Stock | USD 62.19 0.30 0.48% |
Kforce Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kforce stock prices and determine the direction of Kforce Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kforce's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Kforce's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Kforce's systematic risk associated with finding meaningful patterns of Kforce fundamentals over time.
Check out Historical Fundamental Analysis of Kforce to cross-verify your projections. Kforce |
Open Interest Against 2024-06-21 Kforce Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Kforce's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Kforce's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Kforce stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Kforce's open interest, investors have to compare it to Kforce's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Kforce is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Kforce. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Kforce cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Kforce's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Kforce's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Kforce is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Kforce Inc to determine if accumulation or reduction is taking place in the market. This value is adjusted by Kforce trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1536.71 | 2154.09 |
| Check Kforce Volatility | Backtest Kforce | Information Ratio |
Kforce Trading Date Momentum
| On June 04 2024 Kforce Inc was traded for 62.19 at the closing time. The top price for the day was 63.00 and the lowest listed price was 61.43 . The trading volume for the day was 86.4 K. The trading history from June 4, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.22% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Kforce to competition |
Other Forecasting Options for Kforce
For every potential investor in Kforce, whether a beginner or expert, Kforce's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kforce Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kforce. Basic forecasting techniques help filter out the noise by identifying Kforce's price trends.Kforce 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 Kforce stock to make a market-neutral strategy. Peer analysis of Kforce could also be used in its relative valuation, which is a method of valuing Kforce by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kforce Inc 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 Kforce'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 Kforce's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Kforce Market Strength Events
Market strength indicators help investors to evaluate how Kforce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kforce shares will generate the highest return on investment. By undertsting and applying Kforce stock market strength indicators, traders can identify Kforce Inc entry and exit signals to maximize returns.
| Accumulation Distribution | 2154.09 | |||
| Daily Balance Of Power | (0.19) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 62.22 | |||
| Day Typical Price | 62.21 | |||
| Price Action Indicator | (0.18) | |||
| Period Momentum Indicator | (0.30) |
Kforce Risk Indicators
The analysis of Kforce'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 Kforce's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kforce 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.
| Mean Deviation | 1.04 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.18 |
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.| MSFT | Microsoft | |
| CRM | Salesforce | |
| GOOG | Alphabet Inc Class C |
Additional Information and Resources on Investing in Kforce Stock
When determining whether Kforce Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kforce's 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 Kforce Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kforce Inc Stock:Check out Historical Fundamental Analysis of Kforce to cross-verify your projections. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 Kforce. If investors know Kforce 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 Kforce 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 (0.29) | Dividend Share 1.46 | Earnings Share 2.89 | Revenue Per Share 77.747 | Quarterly Revenue Growth (0.13) |
The market value of Kforce Inc is measured differently than its book value, which is the value of Kforce that is recorded on the company's balance sheet. Investors also form their own opinion of Kforce's value that differs from its market value or its book value, called intrinsic value, which is Kforce's 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 Kforce's market value can be influenced by many factors that don't directly affect Kforce's 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 Kforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kforce's 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.