Krones AG (UK) Probability of Future Stock Price Finishing Under 116.68
| 0LQ4 Stock | 118.20 0.06 0.05% |
Krones |
Krones AG Target Price Odds to finish below 116.68
The tendency of Krones Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 116.68 or more in 90 days |
| 118.20 | 90 days | 116.68 | about 12.39 |
Based on a normal probability distribution, the odds of Krones AG to drop to 116.68 or more in 90 days from now is about 12.39 (This Krones AG ON probability density function shows the probability of Krones Stock to fall within a particular range of prices over 90 days) . Probability of Krones AG ON price to stay between 116.68 and its current price of 118.2 at the end of the 90-day period is about 7.54 .
Assuming the 90 days trading horizon Krones AG has a beta of 0.37. This suggests as returns on the market go up, Krones AG average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Krones AG ON will be expected to be much smaller as well. Additionally Krones AG ON has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Krones AG Price Density |
| Price |
Predictive Modules for Krones AG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Krones AG ON. 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.Krones AG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Krones AG is not an exception. The market had few large corrections towards the Krones AG's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Krones AG ON, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Krones AG within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 4.91 | |
Ir | Information ratio | -0.18 |
Krones AG Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Krones AG for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Krones AG ON can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Krones AG ON generated a negative expected return over the last 90 days | |
| About 58.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Krones AG Q3 2024 Earnings Call Highlights Strong Order - GuruFocus.com |
Krones AG Technical Analysis
Krones AG's future price can be derived by breaking down and analyzing its technical indicators over time. Krones Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Krones AG ON. In general, you should focus on analyzing Krones Stock price patterns and their correlations with different microeconomic environments and drivers.
Krones AG Predictive Forecast Models
Krones AG's time-series forecasting models is one of many Krones AG's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Krones AG's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Krones AG ON
Checking the ongoing alerts about Krones AG for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Krones AG ON help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Krones AG ON generated a negative expected return over the last 90 days | |
| About 58.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Krones AG Q3 2024 Earnings Call Highlights Strong Order - GuruFocus.com |
Additional Tools for Krones Stock Analysis
When running Krones AG's price analysis, check to measure Krones AG'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 Krones AG is operating at the current time. Most of Krones AG's value examination focuses on studying past and present price action to predict the probability of Krones AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Krones AG's price. Additionally, you may evaluate how the addition of Krones AG to your portfolios can decrease your overall portfolio volatility.