KONE Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of KONE Oyj's historical fundamentals, such as revenue growth or operating cash flow patterns.
KONE
On December 12, 2024 KONE Oyj had Day Typical Price of 49.15. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On December 13 2024 KONE Oyj was traded for 48.12 at the closing time. The highest price during the trading period was 49.02 and the lowest recorded bid was listed for 47.98 . The volume for the day was 465 K. This history from December 13, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.02% . The trading delta at closing time to the current price is 0.29% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
For every potential investor in KONE, whether a beginner or expert, KONE Oyj's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. KONE Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in KONE. Basic forecasting techniques help filter out the noise by identifying KONE Oyj's price trends.
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 KONE Oyj stock to make a market-neutral strategy. Peer analysis of KONE Oyj could also be used in its relative valuation, which is a method of valuing KONE Oyj by comparing valuation metrics with similar companies.
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 KONE Oyj'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 KONE Oyj's current price.
Market strength indicators help investors to evaluate how KONE Oyj stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KONE Oyj shares will generate the highest return on investment. By undertsting and applying KONE Oyj stock market strength indicators, traders can identify KONE Oyj entry and exit signals to maximize returns.
The analysis of KONE Oyj'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 KONE Oyj's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kone 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.
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.
KONE Oyj financial ratios help investors to determine whether KONE 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 KONE with respect to the benefits of owning KONE Oyj security.