Kronos Worldwide (Germany) Probability of Future Stock Price Finishing Under 10.05
| K1W Stock | EUR 9.74 0.04 0.41% |
Kronos |
Kronos Worldwide Target Price Odds to finish below 10.05
The tendency of Kronos 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 stay under € 10.05 after 90 days |
| 9.74 | 90 days | 10.05 | about 15.28 |
Based on a normal probability distribution, the odds of Kronos Worldwide to stay under € 10.05 after 90 days from now is about 15.28 (This Kronos Worldwide probability density function shows the probability of Kronos Stock to fall within a particular range of prices over 90 days) . Probability of Kronos Worldwide price to stay between its current price of € 9.74 and € 10.05 at the end of the 90-day period is about 9.86 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.1 . This indicates Kronos Worldwide market returns are reactive to returns on the market. As the market goes up or down, Kronos Worldwide is expected to follow. Additionally Kronos Worldwide 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. Kronos Worldwide Price Density |
| Price |
Predictive Modules for Kronos Worldwide
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kronos Worldwide. 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.Kronos Worldwide Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kronos Worldwide is not an exception. The market had few large corrections towards the Kronos Worldwide'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 Kronos Worldwide, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kronos Worldwide within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 1.10 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | -0.03 |
Kronos Worldwide 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 Kronos Worldwide for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kronos Worldwide 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 81.0% of the company outstanding shares are owned by corporate insiders |
Kronos Worldwide Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Kronos Stock often depends not only on the future outlook of the current and potential Kronos Worldwide's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Kronos Worldwide's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 115.5 M |
Kronos Worldwide Technical Analysis
Kronos Worldwide's future price can be derived by breaking down and analyzing its technical indicators over time. Kronos Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kronos Worldwide. In general, you should focus on analyzing Kronos Stock price patterns and their correlations with different microeconomic environments and drivers.
Kronos Worldwide Predictive Forecast Models
Kronos Worldwide's time-series forecasting models is one of many Kronos Worldwide'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 Kronos Worldwide'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 Kronos Worldwide
Checking the ongoing alerts about Kronos Worldwide for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kronos Worldwide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 81.0% of the company outstanding shares are owned by corporate insiders |
Additional Information and Resources on Investing in Kronos Stock
When determining whether Kronos Worldwide offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kronos Worldwide's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kronos Worldwide Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kronos Worldwide Stock:Check out Kronos Worldwide Backtesting, Kronos Worldwide Valuation, Kronos Worldwide Correlation, Kronos Worldwide Hype Analysis, Kronos Worldwide Volatility, Kronos Worldwide History as well as Kronos Worldwide Performance. For more detail on how to invest in Kronos Stock please use our How to Invest in Kronos Worldwide guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.