KENYA RE (Kenya) Odds of Future Stock Price Finishing Over 1.15
| KENRE Stock | 1.15 0.04 3.60% |
KENYA |
KENYA RE Target Price Odds to finish over 1.15
The tendency of KENYA 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 above the current price in 90 days |
| 1.15 | 90 days | 1.15 | about 55.68 |
Based on a normal probability distribution, the odds of KENYA RE to move above the current price in 90 days from now is about 55.68 (This KENYA RE INSURANCE PORATION probability density function shows the probability of KENYA Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon KENYA RE has a beta of 0.33. This indicates as returns on the market go up, KENYA RE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KENYA RE INSURANCE PORATION will be expected to be much smaller as well. Additionally KENYA RE INSURANCE PORATION 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. KENYA RE Price Density |
| Price |
Predictive Modules for KENYA RE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KENYA RE INSURANCE. 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 KENYA RE's 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.
KENYA RE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KENYA RE is not an exception. The market had few large corrections towards the KENYA RE'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 KENYA RE INSURANCE PORATION, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KENYA RE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.08 |
KENYA RE 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 KENYA RE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KENYA RE INSURANCE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KENYA RE INSURANCE generated a negative expected return over the last 90 days | |
| KENYA RE INSURANCE may become a speculative penny stock |
KENYA RE Technical Analysis
KENYA RE's future price can be derived by breaking down and analyzing its technical indicators over time. KENYA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KENYA RE INSURANCE PORATION. In general, you should focus on analyzing KENYA Stock price patterns and their correlations with different microeconomic environments and drivers.
KENYA RE Predictive Forecast Models
KENYA RE's time-series forecasting models is one of many KENYA RE'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 KENYA RE'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 KENYA RE INSURANCE
Checking the ongoing alerts about KENYA RE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KENYA RE INSURANCE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KENYA RE INSURANCE generated a negative expected return over the last 90 days | |
| KENYA RE INSURANCE may become a speculative penny stock |
Additional Tools for KENYA Stock Analysis
When running KENYA RE's price analysis, check to measure KENYA RE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KENYA RE is operating at the current time. Most of KENYA RE's value examination focuses on studying past and present price action to predict the probability of KENYA RE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KENYA RE's price. Additionally, you may evaluate how the addition of KENYA RE to your portfolios can decrease your overall portfolio volatility.