Kenon Holdings Stock Probability of Future Stock Price Finishing Over 31.46
| KEN Stock | USD 29.38 0.12 0.41% |
Kenon |
Kenon Holdings Target Price Odds to finish over 31.46
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 over $ 31.46 or more in 90 days |
| 29.38 | 90 days | 31.46 | near 1 |
Based on a normal probability distribution, the odds of Kenon Holdings to move over $ 31.46 or more in 90 days from now is near 1 (This Kenon Holdings probability density function shows the probability of Kenon Stock to fall within a particular range of prices over 90 days) . Probability of Kenon Holdings price to stay between its current price of $ 29.38 and $ 31.46 at the end of the 90-day period is about 6.92 .
Considering the 90-day investment horizon Kenon Holdings has a beta of 0.68. This indicates as returns on the market go up, Kenon Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kenon Holdings will be expected to be much smaller as well. Additionally Kenon Holdings has an alpha of 0.2055, implying that it can generate a 0.21 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kenon Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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 | 0.21 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 1.61 | |
Ir | Information ratio | 0.09 |
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.| The company reported the last year's revenue of 691.8 M. Reported Net Loss for the year was (235.98 M) with profit before taxes, overhead, and interest of 156.7 M. | |
| About 56.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Red Sea attacks turn green for Zim investor |
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 | 53.4 M | |
| Cash And Short Term Investments | 912.6 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.
| The company reported the last year's revenue of 691.8 M. Reported Net Loss for the year was (235.98 M) with profit before taxes, overhead, and interest of 156.7 M. | |
| About 56.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Red Sea attacks turn green for Zim investor |
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. To learn how to invest in Kenon Stock, please use our How to Invest in Kenon Holdings guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kenon Holdings. If investors know Kenon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kenon Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.348 | Earnings Share (1.44) | Revenue Per Share 13.743 | Quarterly Revenue Growth 0.097 | Return On Assets 0.0088 |
The market value of Kenon Holdings is measured differently than its book value, which is the value of Kenon that is recorded on the company's balance sheet. Investors also form their own opinion of Kenon Holdings' value that differs from its market value or its book value, called intrinsic value, which is Kenon Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kenon Holdings' market value can be influenced by many factors that don't directly affect Kenon Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kenon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kenon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kenon Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.