KIMBALL ELECTRONICS (Germany) Probability of Future Stock Price Finishing Under 16.8
| 3C3 Stock | EUR 18.50 0.10 0.54% |
KIMBALL |
KIMBALL ELECTRONICS Target Price Odds to finish below 16.8
The tendency of KIMBALL 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 € 16.80 or more in 90 days |
| 18.50 | 90 days | 16.80 | about 57.02 |
Based on a normal probability distribution, the odds of KIMBALL ELECTRONICS to drop to € 16.80 or more in 90 days from now is about 57.02 (This KIMBALL ELECTRONICS probability density function shows the probability of KIMBALL Stock to fall within a particular range of prices over 90 days) . Probability of KIMBALL ELECTRONICS price to stay between € 16.80 and its current price of €18.5 at the end of the 90-day period is about 38.58 .
Assuming the 90 days horizon KIMBALL ELECTRONICS has a beta of 0.22. This suggests as returns on the market go up, KIMBALL ELECTRONICS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KIMBALL ELECTRONICS will be expected to be much smaller as well. Additionally KIMBALL ELECTRONICS has an alpha of 0.2428, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). KIMBALL ELECTRONICS Price Density |
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Predictive Modules for KIMBALL ELECTRONICS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KIMBALL ELECTRONICS. 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.KIMBALL ELECTRONICS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KIMBALL ELECTRONICS is not an exception. The market had few large corrections towards the KIMBALL ELECTRONICS'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 KIMBALL ELECTRONICS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KIMBALL ELECTRONICS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 1.10 | |
Ir | Information ratio | 0.05 |
KIMBALL ELECTRONICS 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 KIMBALL ELECTRONICS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KIMBALL ELECTRONICS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 69.0% of the company shares are owned by institutions such as pension funds |
KIMBALL ELECTRONICS Technical Analysis
KIMBALL ELECTRONICS's future price can be derived by breaking down and analyzing its technical indicators over time. KIMBALL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KIMBALL ELECTRONICS. In general, you should focus on analyzing KIMBALL Stock price patterns and their correlations with different microeconomic environments and drivers.
KIMBALL ELECTRONICS Predictive Forecast Models
KIMBALL ELECTRONICS's time-series forecasting models is one of many KIMBALL ELECTRONICS'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 KIMBALL ELECTRONICS'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 KIMBALL ELECTRONICS
Checking the ongoing alerts about KIMBALL ELECTRONICS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KIMBALL ELECTRONICS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 69.0% of the company shares are owned by institutions such as pension funds |
Additional Information and Resources on Investing in KIMBALL Stock
When determining whether KIMBALL ELECTRONICS is a strong investment it is important to analyze KIMBALL ELECTRONICS'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 KIMBALL ELECTRONICS's future performance. For an informed investment choice regarding KIMBALL Stock, refer to the following important reports:Check out KIMBALL ELECTRONICS Backtesting, KIMBALL ELECTRONICS Valuation, KIMBALL ELECTRONICS Correlation, KIMBALL ELECTRONICS Hype Analysis, KIMBALL ELECTRONICS Volatility, KIMBALL ELECTRONICS History as well as KIMBALL ELECTRONICS Performance. For more detail on how to invest in KIMBALL Stock please use our How to Invest in KIMBALL ELECTRONICS guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.