Kinsale Capital Stock Forecast - Daily Balance Of Power

KNSL Stock  USD 470.95  4.64  1.00%   
Kinsale Stock Forecast is based on your current time horizon. Although Kinsale Capital's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Kinsale Capital's systematic risk associated with finding meaningful patterns of Kinsale Capital fundamentals over time.
  
At this time, Kinsale Capital's Receivables Turnover is quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 20.28 this year, although the value of Asset Turnover will most likely fall to 0.21. . Common Stock Shares Outstanding is expected to rise to about 24.2 M this year. Net Income Applicable To Common Shares is expected to rise to about 192.1 M this year.
On November 28, 2023 Kinsale Capital Group had Daily Balance Of Power of (0.94). Balance of Power indicator (or BOP) measures the strength of Kinsale Capital Group market sensitivity to bulls and bears. It estimates the ability of Kinsale Capital buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Kinsale Capital Balance of Power indicator one can determine a trend of the price direction.
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Kinsale Capital Trading Date Momentum

On November 29 2023 Kinsale Capital Group was traded for  346.20  at the closing time. The top price for the day was 358.55  and the lowest listed price was  345.03 . The trading volume for the day was 283.5 K. The trading history from November 29, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.71% . The trading delta at closing time against the current closing price is 5.19% .
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 Kinsale Capital

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

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

Kinsale Capital Group 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 Kinsale Capital'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 Kinsale Capital's current price.

Kinsale Capital Market Strength Events

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

Kinsale Capital Risk Indicators

The analysis of Kinsale Capital'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 Kinsale Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kinsale 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.

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When determining whether Kinsale Capital Group is a strong investment it is important to analyze Kinsale Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kinsale Capital's future performance. For an informed investment choice regarding Kinsale Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Kinsale Capital to cross-verify your projections.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Property & Casualty Insurance 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 Kinsale Capital. If investors know Kinsale 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 Kinsale Capital 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
0.503
Dividend Share
0.59
Earnings Share
17.53
Revenue Per Share
65.998
Quarterly Revenue Growth
0.33
The market value of Kinsale Capital Group is measured differently than its book value, which is the value of Kinsale that is recorded on the company's balance sheet. Investors also form their own opinion of Kinsale Capital's value that differs from its market value or its book value, called intrinsic value, which is Kinsale Capital'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 Kinsale Capital's market value can be influenced by many factors that don't directly affect Kinsale Capital'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 Kinsale Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinsale Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinsale Capital'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.