K Bro Linen Stock Chance of Future Stock Price Finishing Under 34.12
| KBL Stock | CAD 37.00 0.04 0.11% |
KBL |
K Bro Target Price Odds to finish below 34.12
The tendency of KBL 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 C$ 34.12 or more in 90 days |
| 37.00 | 90 days | 34.12 | about 21.3 |
Based on a normal probability distribution, the odds of K Bro to drop to C$ 34.12 or more in 90 days from now is about 21.3 (This K Bro Linen probability density function shows the probability of KBL Stock to fall within a particular range of prices over 90 days) . Probability of K Bro Linen price to stay between C$ 34.12 and its current price of C$37.0 at the end of the 90-day period is about 75.43 .
Assuming the 90 days trading horizon K Bro has a beta of 0.12. This indicates as returns on the market go up, K Bro average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding K Bro Linen will be expected to be much smaller as well. Additionally K Bro Linen 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. K Bro Price Density |
| Price |
Predictive Modules for K Bro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as K Bro Linen. 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.K Bro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. K Bro is not an exception. The market had few large corrections towards the K Bro'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 K Bro Linen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of K Bro within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0006 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 1.08 | |
Ir | Information ratio | -0.06 |
K Bro 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 K Bro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for K Bro Linen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: K-Bro Linen Inc. Has Fared Decently But Fundamentals Look Uncertain What Lies Ahead For The Stock - Yahoo Finance |
K Bro 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 KBL Stock often depends not only on the future outlook of the current and potential K Bro'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. K Bro's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.7 M | |
| Cash And Short Term Investments | 5.9 M |
K Bro Technical Analysis
K Bro's future price can be derived by breaking down and analyzing its technical indicators over time. KBL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of K Bro Linen. In general, you should focus on analyzing KBL Stock price patterns and their correlations with different microeconomic environments and drivers.
K Bro Predictive Forecast Models
K Bro's time-series forecasting models is one of many K Bro'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 K Bro'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 K Bro Linen
Checking the ongoing alerts about K Bro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for K Bro Linen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: K-Bro Linen Inc. Has Fared Decently But Fundamentals Look Uncertain What Lies Ahead For The Stock - Yahoo Finance |
Other Information on Investing in KBL Stock
K Bro financial ratios help investors to determine whether KBL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KBL with respect to the benefits of owning K Bro security.