Kronos Worldwide Stock Forecast - Daily Balance Of Power
| KRO Stock | USD 10.46 0.07 0.67% |
Kronos Stock Forecast is based on your current time horizon. Although Kronos Worldwide's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Kronos Worldwide's systematic risk associated with finding meaningful patterns of Kronos Worldwide fundamentals over time.
Kronos |
Open Interest Against 2024-12-20 Kronos Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Kronos Worldwide'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 Kronos Worldwide's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Kronos Worldwide 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 Kronos Worldwide's open interest, investors have to compare it to Kronos Worldwide'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 Kronos Worldwide 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 Kronos. 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.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.22) | (0.03) |
| Check Kronos Worldwide Volatility | Backtest Kronos Worldwide | Trend Details |
Kronos Worldwide Trading Date Momentum
| On September 23 2024 Kronos Worldwide was traded for 11.40 at the closing time. Highest Kronos Worldwide's price during the trading hours was 11.46 and the lowest price during the day was 11.18 . The net volume was 147.2 K. The overall trading history on the 23rd of September contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 1.06% . The trading delta at closing time to current price is 7.00% . |
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.
| Compare Kronos Worldwide to competition |
Other Forecasting Options for Kronos Worldwide
For every potential investor in Kronos, whether a beginner or expert, Kronos Worldwide's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kronos Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kronos. Basic forecasting techniques help filter out the noise by identifying Kronos Worldwide's price trends.Kronos Worldwide 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 Kronos Worldwide stock to make a market-neutral strategy. Peer analysis of Kronos Worldwide could also be used in its relative valuation, which is a method of valuing Kronos Worldwide by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kronos Worldwide 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 Kronos Worldwide'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 Kronos Worldwide's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Kronos Worldwide Market Strength Events
Market strength indicators help investors to evaluate how Kronos Worldwide stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kronos Worldwide shares will generate the highest return on investment. By undertsting and applying Kronos Worldwide stock market strength indicators, traders can identify Kronos Worldwide entry and exit signals to maximize returns.
| Accumulation Distribution | 10089.3 | |||
| Daily Balance Of Power | 0.1892 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 10.32 | |||
| Day Typical Price | 10.36 | |||
| Price Action Indicator | 0.18 | |||
| Period Momentum Indicator | 0.07 |
Kronos Worldwide Risk Indicators
The analysis of Kronos Worldwide'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 Kronos Worldwide's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kronos 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 | 1.47 | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.89 |
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 Kronos Worldwide
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 Kronos Worldwide 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 Kronos Worldwide will appreciate offsetting losses from the drop in the long position's value.Moving together with Kronos Stock
| 0.73 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.61 | DNMR | Danimer Scientific | PairCorr |
Moving against Kronos Stock
The ability to find closely correlated positions to Kronos Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kronos Worldwide 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 Kronos Worldwide - 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 Kronos Worldwide to buy it.
The correlation of Kronos Worldwide 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 Kronos Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kronos Worldwide 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 Kronos Worldwide 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 Kronos Worldwide to cross-verify your projections. To learn how to invest in Kronos Stock, please use our How to Invest in Kronos Worldwide guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Commodity Chemicals 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 Kronos Worldwide. If investors know Kronos 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 Kronos Worldwide 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 (0.42) | Dividend Share 0.62 | Earnings Share 0.81 | Revenue Per Share 16.206 | Quarterly Revenue Growth 0.221 |
The market value of Kronos Worldwide is measured differently than its book value, which is the value of Kronos that is recorded on the company's balance sheet. Investors also form their own opinion of Kronos Worldwide's value that differs from its market value or its book value, called intrinsic value, which is Kronos Worldwide'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 Kronos Worldwide's market value can be influenced by many factors that don't directly affect Kronos Worldwide'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 Kronos Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kronos Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kronos Worldwide'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.