Kenon Holdings (Israel) Probability of Future Stock Price Finishing Under 10,721
| KEN Stock | 10,330 500.00 4.62% |
Kenon |
Kenon Holdings Target Price Odds to finish below 10,721
The tendency of Kenon 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 move below current price in 90 days |
| 10,330 | 90 days | 10,330 | about 78.9 |
Based on a normal probability distribution, the odds of Kenon Holdings to move below current price in 90 days from now is about 78.9 (This Kenon Holdings probability density function shows the probability of Kenon Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Kenon Holdings has a beta of -0.4. This indicates as returns on the benchmark increase, returns on holding Kenon Holdings are expected to decrease at a much lower rate. During a bear market, however, Kenon Holdings is likely to outperform the market. Additionally Kenon Holdings has an alpha of 0.1759, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kenon Holdings Price Density |
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Predictive Modules for Kenon Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kenon Holdings. 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.Kenon Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kenon Holdings is not an exception. The market had few large corrections towards the Kenon Holdings' 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 Kenon Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kenon Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 656.71 | |
Ir | Information ratio | 0 |
Kenon Holdings 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 Kenon Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kenon Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kenon Holdings has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Kenon Holdings 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 Kenon Stock often depends not only on the future outlook of the current and potential Kenon Holdings' 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. Kenon Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 53.9 M |
Kenon Holdings Technical Analysis
Kenon Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Kenon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kenon Holdings. In general, you should focus on analyzing Kenon Stock price patterns and their correlations with different microeconomic environments and drivers.
Kenon Holdings Predictive Forecast Models
Kenon Holdings' time-series forecasting models is one of many Kenon Holdings' 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 Kenon Holdings' 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 Kenon Holdings
Checking the ongoing alerts about Kenon Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kenon Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kenon Holdings has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Additional Information and Resources on Investing in Kenon Stock
When determining whether Kenon Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kenon Holdings' 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 Kenon Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kenon Holdings Stock:Check out Kenon Holdings Backtesting, Kenon Holdings Valuation, Kenon Holdings Correlation, Kenon Holdings Hype Analysis, Kenon Holdings Volatility, Kenon Holdings History as well as Kenon Holdings Performance. For information on how to trade Kenon Stock refer to our How to Trade Kenon Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.