KEC International (India) Probability of Future Stock Price Finishing Under 920.75
| KEC Stock | 1,023 0.95 0.09% |
KEC |
KEC International Target Price Odds to finish below 920.75
The tendency of KEC 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 920.75 or more in 90 days |
| 1,023 | 90 days | 920.75 | about 9.62 |
Based on a normal probability distribution, the odds of KEC International to drop to 920.75 or more in 90 days from now is about 9.62 (This KEC International Limited probability density function shows the probability of KEC Stock to fall within a particular range of prices over 90 days) . Probability of KEC International price to stay between 920.75 and its current price of 1023.05 at the end of the 90-day period is about 73.44 .
Assuming the 90 days trading horizon KEC International Limited has a beta of -0.0257. This indicates as returns on the benchmark increase, returns on holding KEC International are expected to decrease at a much lower rate. During a bear market, however, KEC International Limited is likely to outperform the market. Additionally KEC International Limited has an alpha of 0.3001, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). KEC International Price Density |
| Price |
Predictive Modules for KEC International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KEC International. 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.KEC International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KEC International is not an exception. The market had few large corrections towards the KEC International'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 KEC International Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KEC International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 45.30 | |
Ir | Information ratio | 0.07 |
KEC International 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 KEC International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KEC International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KEC International is unlikely to experience financial distress in the next 2 years | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Can Mixed Fundamentals Have A Negative Impact on KEC International Limited Current Share Price Momentum - Simply Wall St |
KEC International 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 KEC Stock often depends not only on the future outlook of the current and potential KEC International'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. KEC International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 257.1 M | |
| Cash And Short Term Investments | 2.1 B |
KEC International Technical Analysis
KEC International's future price can be derived by breaking down and analyzing its technical indicators over time. KEC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KEC International Limited. In general, you should focus on analyzing KEC Stock price patterns and their correlations with different microeconomic environments and drivers.
KEC International Predictive Forecast Models
KEC International's time-series forecasting models is one of many KEC International'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 KEC International'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 KEC International
Checking the ongoing alerts about KEC International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KEC International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KEC International is unlikely to experience financial distress in the next 2 years | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Can Mixed Fundamentals Have A Negative Impact on KEC International Limited Current Share Price Momentum - Simply Wall St |
Other Information on Investing in KEC Stock
KEC International financial ratios help investors to determine whether KEC 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 KEC with respect to the benefits of owning KEC International security.