Koninklijke KPN Stock Forecast - Period Momentum Indicator
| KPN Stock | EUR 3.46 0.03 0.86% |
Koninklijke Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Koninklijke KPN stock prices and determine the direction of Koninklijke KPN NV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Koninklijke KPN's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Koninklijke KPN to cross-verify your projections. Koninklijke |
Most investors in Koninklijke KPN 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 Koninklijke KPN's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Koninklijke KPN's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Check Koninklijke KPN Volatility | Backtest Koninklijke KPN | Trend Details |
Koninklijke KPN Trading Date Momentum
| On April 30 2024 Koninklijke KPN NV was traded for 3.41 at the closing time. The maximum traded price for the trading interval was 3.44 and the lowest daily price was 3.40 . The daily volume was recorded at 12.5 M. The volume of trading on 30th of April 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.87% . The trading delta at closing time to the closing price today is 2.62% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Koninklijke KPN to competition |
Other Forecasting Options for Koninklijke KPN
For every potential investor in Koninklijke, whether a beginner or expert, Koninklijke KPN's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Koninklijke Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Koninklijke. Basic forecasting techniques help filter out the noise by identifying Koninklijke KPN's price trends.Koninklijke KPN 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 Koninklijke KPN stock to make a market-neutral strategy. Peer analysis of Koninklijke KPN could also be used in its relative valuation, which is a method of valuing Koninklijke KPN by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Koninklijke KPN NV 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 Koninklijke KPN'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 Koninklijke KPN's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Koninklijke KPN Market Strength Events
Market strength indicators help investors to evaluate how Koninklijke KPN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Koninklijke KPN shares will generate the highest return on investment. By undertsting and applying Koninklijke KPN stock market strength indicators, traders can identify Koninklijke KPN NV entry and exit signals to maximize returns.
| Accumulation Distribution | 69614.87 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 3.48 | |||
| Day Typical Price | 3.47 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.03) |
Koninklijke KPN Risk Indicators
The analysis of Koninklijke KPN'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 Koninklijke KPN's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting koninklijke 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 | 0.5864 | |||
| Semi Deviation | 0.5398 | |||
| Standard Deviation | 0.7459 | |||
| Variance | 0.5564 | |||
| Downside Variance | 0.6498 | |||
| Semi Variance | 0.2914 | |||
| Expected Short fall | (0.71) |
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 Koninklijke KPN
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 Koninklijke KPN 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 Koninklijke KPN will appreciate offsetting losses from the drop in the long position's value.Moving together with Koninklijke Stock
| 0.67 | SHELL | Shell PLC Earnings Call Today | PairCorr |
| 0.8 | AD | Koninklijke Ahold | PairCorr |
| 0.78 | INGA | ING Groep NV | PairCorr |
The ability to find closely correlated positions to Koninklijke KPN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Koninklijke KPN 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 Koninklijke KPN - 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 Koninklijke KPN NV to buy it.
The correlation of Koninklijke KPN 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 Koninklijke KPN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Koninklijke KPN NV 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 Koninklijke KPN 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.Check out Historical Fundamental Analysis of Koninklijke KPN to cross-verify your projections. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Koninklijke Stock analysis
When running Koninklijke KPN's price analysis, check to measure Koninklijke KPN'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 Koninklijke KPN is operating at the current time. Most of Koninklijke KPN's value examination focuses on studying past and present price action to predict the probability of Koninklijke KPN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke KPN's price. Additionally, you may evaluate how the addition of Koninklijke KPN to your portfolios can decrease your overall portfolio volatility.
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