Kimball Electronics Stock Forecast - Price Action Indicator

KE
 Stock
  

USD 23.40  0.47  2.05%   

Kimball Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kimball Electronics historical stock prices and determine the direction of Kimball Electronics's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Kimball Electronics historical fundamentals such as revenue growth or operating cash flow patterns. Although Kimball Electronics naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Kimball Electronics systematic risk associated with finding meaningful patterns of Kimball Electronics fundamentals over time.
Please see Historical Fundamental Analysis of Kimball Electronics to cross-verify your projections.
  
Kimball Electronics Accounts Payable Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Accounts Payable Turnover was at 5.14. The current year Accrued Expenses Turnover is expected to grow to 33.84, whereas PPandE Turnover is forecasted to decline to 7.12. . Kimball Electronics Weighted Average Shares Diluted is projected to decrease significantly based on the last few years of reporting. The past year's Weighted Average Shares Diluted was at 25.22 Million.

Open Interest Agains t 2022-12-16 Kimball Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Kimball Electronics' 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 Kimball Electronics' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Kimball Electronics stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Kimball Electronics' open interest, investors have to compare it to Kimball Electronics' 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 Kimball Electronics 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 Kimball. 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.
Kimball Electronics has current Price Action Indicator of 0.42.
Most investors in Kimball Electronics 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 Kimball Electronics' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Kimball Electronics' price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
  Previous Price Action IndicatorPrice Action IndicatorTrend
00.42
Check Kimball Electronics VolatilityBacktest Kimball ElectronicsInformation Ratio  

Kimball Electronics Trading Date Momentum

On December 04 2022 Kimball Electronics was traded for  23.40  at the closing time. The highest price during the trading period was 23.61  and the lowest recorded bid was listed for  22.82 . The volume for the day was 94.1 K. This history from December 4, 2022 did not cause price change. The trading delta at closing time to the current price is 2.44% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Kimball Electronics

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

Kimball Electronics 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 Kimball Electronics stock to make a market-neutral strategy. Peer analysis of Kimball Electronics could also be used in its relative valuation, which is a method of valuing Kimball Electronics by comparing valuation metrics with similar companies.
AstroNovaApple IncADTRAN IncApplied OptAudioCodesAvid TechnologyAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USABetaPro Canadian Gold
 Risk & Return  Correlation

Kimball Electronics 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 Kimball Electronics' 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 Kimball Electronics' current price.

Kimball Electronics Market Strength Events

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

Kimball Electronics Risk Indicators

The analysis of Kimball Electronics' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Kimball Electronics' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Kimball Electronics stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Kimball Electronics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see Historical Fundamental Analysis of Kimball Electronics to cross-verify your projections. Note that the Kimball Electronics information on this page should be used as a complementary analysis to other Kimball Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Kimball Electronics price analysis, check to measure Kimball Electronics' 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 Kimball Electronics is operating at the current time. Most of Kimball Electronics' value examination focuses on studying past and present price action to predict the probability of Kimball Electronics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kimball Electronics' price. Additionally, you may evaluate how the addition of Kimball Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Kimball Electronics' industry 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 Kimball Electronics. If investors know Kimball 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 Kimball Electronics 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 YOY
2.8
Market Capitalization
578.2 M
Quarterly Revenue Growth YOY
0.39
Return On Assets
0.043
Return On Equity
0.0853
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' 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 Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' 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 Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine Kimball Electronics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' 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.