Kingsmen Resources Stock Forecast - Daily Balance Of Power

KNG Stock  CAD 0.67  0.01  1.52%   
Kingsmen Stock Forecast is based on your current time horizon.
  
At this time, Kingsmen Resources' Net Tangible Assets are fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 21.5 M in 2024, whereas Total Assets are likely to drop slightly above 1 M in 2024.
On December 20, 2024 Kingsmen Resources had Daily Balance Of Power of 1.0. Balance of Power indicator (or BOP) measures the strength of Kingsmen Resources market sensitivity to bulls and bears. It estimates the ability of Kingsmen Resources buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Kingsmen Resources Balance of Power indicator one can determine a trend of the price direction.
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Kingsmen Resources Trading Date Momentum

On December 24 2024 Kingsmen Resources was traded for  0.67  at the closing time. The highest daily price throughout the period was 0.67  and the lowest price was  0.66 . There was no trading activity during the period 0.0. Lack of trading volume on 12/24/2024 did not cause price change. The trading delta at closing time to current closing price is 1.49% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Kingsmen Resources

For every potential investor in Kingsmen, whether a beginner or expert, Kingsmen Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kingsmen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kingsmen. Basic forecasting techniques help filter out the noise by identifying Kingsmen Resources' price trends.

Kingsmen Resources 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 Kingsmen Resources stock to make a market-neutral strategy. Peer analysis of Kingsmen Resources could also be used in its relative valuation, which is a method of valuing Kingsmen Resources by comparing valuation metrics with similar companies.
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Kingsmen Resources 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 Kingsmen Resources' 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 Kingsmen Resources' current price.

Kingsmen Resources Market Strength Events

Market strength indicators help investors to evaluate how Kingsmen Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kingsmen Resources shares will generate the highest return on investment. By undertsting and applying Kingsmen Resources stock market strength indicators, traders can identify Kingsmen Resources entry and exit signals to maximize returns.

Kingsmen Resources Risk Indicators

The analysis of Kingsmen Resources' 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 Kingsmen Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kingsmen 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.

Thematic Opportunities

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Additional Tools for Kingsmen Stock Analysis

When running Kingsmen Resources' price analysis, check to measure Kingsmen Resources' 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 Kingsmen Resources is operating at the current time. Most of Kingsmen Resources' value examination focuses on studying past and present price action to predict the probability of Kingsmen Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingsmen Resources' price. Additionally, you may evaluate how the addition of Kingsmen Resources to your portfolios can decrease your overall portfolio volatility.