Kennedy Wilson Stock Forecast - Triple Exponential Smoothing

KW Stock  USD 11.31  0.11  0.98%   
The Triple Exponential Smoothing forecasted value of Kennedy Wilson Holdings on the next trading day is expected to be 11.31 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.68. Kennedy Stock Forecast is based on your current time horizon.
  
At this time, Kennedy Wilson's Fixed Asset Turnover is fairly stable compared to the past year. Asset Turnover is likely to climb to 0.1 in 2024, despite the fact that Inventory Turnover is likely to grow to (15.54). . Net Income Applicable To Common Shares is likely to climb to about 77.2 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 95.7 M in 2024.
Triple exponential smoothing for Kennedy Wilson - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Kennedy Wilson prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Kennedy Wilson price movement. However, neither of these exponential smoothing models address any seasonality of Kennedy Wilson Holdings.

Kennedy Wilson Triple Exponential Smoothing Price Forecast For the 10th of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Kennedy Wilson Holdings on the next trading day is expected to be 11.31 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.05, and the sum of the absolute errors of 9.68.
Please note that although there have been many attempts to predict Kennedy Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Kennedy Wilson's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kennedy Wilson Stock Forecast Pattern

Backtest Kennedy WilsonKennedy Wilson Price PredictionBuy or Sell Advice 

Kennedy Wilson Forecasted Value

In the context of forecasting Kennedy Wilson's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Kennedy Wilson's downside and upside margins for the forecasting period are 9.39 and 13.24, respectively. We have considered Kennedy Wilson's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
11.31
11.31
Expected Value
13.24
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Kennedy Wilson stock data series using in forecasting. Note that when a statistical model is used to represent Kennedy Wilson stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0345
MADMean absolute deviation0.1641
MAPEMean absolute percentage error0.0148
SAESum of the absolute errors9.6848
As with simple exponential smoothing, in triple exponential smoothing models past Kennedy Wilson observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Kennedy Wilson Holdings observations.

Predictive Modules for Kennedy Wilson

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kennedy Wilson Holdings. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kennedy Wilson's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.4011.3113.22
Details
Intrinsic
Valuation
LowRealHigh
7.529.4311.34
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.6811.2411.79
Details
2 Analysts
Consensus
LowTargetHigh
16.3818.0019.98
Details

Other Forecasting Options for Kennedy Wilson

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

Kennedy Wilson 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 Kennedy Wilson stock to make a market-neutral strategy. Peer analysis of Kennedy Wilson could also be used in its relative valuation, which is a method of valuing Kennedy Wilson by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Kennedy Wilson Holdings 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 Kennedy Wilson'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 Kennedy Wilson's current price.

Kennedy Wilson Market Strength Events

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

Kennedy Wilson Risk Indicators

The analysis of Kennedy Wilson'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 Kennedy Wilson's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kennedy 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.

Additional Tools for Kennedy Stock Analysis

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