Keweenaw Land Association Stock Probability of Future Pink Sheet Price Finishing Under 34.05
| KEWL Stock | USD 37.52 0.48 1.26% |
Keweenaw |
Keweenaw Land Target Price Odds to finish below 34.05
The tendency of Keweenaw Pink Sheet 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 $ 34.05 or more in 90 days |
| 37.52 | 90 days | 34.05 | about 22.16 |
Based on a normal probability distribution, the odds of Keweenaw Land to drop to $ 34.05 or more in 90 days from now is about 22.16 (This Keweenaw Land Association probability density function shows the probability of Keweenaw Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Keweenaw Land Association price to stay between $ 34.05 and its current price of $37.52 at the end of the 90-day period is about 35.79 .
Given the investment horizon of 90 days Keweenaw Land Association has a beta of -0.71. This indicates as returns on the benchmark increase, returns on holding Keweenaw Land are expected to decrease at a much lower rate. During a bear market, however, Keweenaw Land Association is likely to outperform the market. Additionally Keweenaw Land Association 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. Keweenaw Land Price Density |
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Predictive Modules for Keweenaw Land
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Keweenaw Land Association. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Keweenaw Land'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.
Keweenaw Land Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Keweenaw Land is not an exception. The market had few large corrections towards the Keweenaw Land'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 Keweenaw Land Association, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Keweenaw Land within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.71 | |
σ | Overall volatility | 3.59 | |
Ir | Information ratio | -0.08 |
Keweenaw Land 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 Keweenaw Land for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Keweenaw Land Association can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Keweenaw Land generated a negative expected return over the last 90 days | |
| Keweenaw Land has high historical volatility and very poor performance |
Keweenaw Land Technical Analysis
Keweenaw Land's future price can be derived by breaking down and analyzing its technical indicators over time. Keweenaw Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Keweenaw Land Association. In general, you should focus on analyzing Keweenaw Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Keweenaw Land Predictive Forecast Models
Keweenaw Land's time-series forecasting models is one of many Keweenaw Land's pink sheet 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 Keweenaw Land'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Keweenaw Land Association
Checking the ongoing alerts about Keweenaw Land for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Keweenaw Land Association help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Keweenaw Land generated a negative expected return over the last 90 days | |
| Keweenaw Land has high historical volatility and very poor performance |
Other Information on Investing in Keweenaw Pink Sheet
Keweenaw Land financial ratios help investors to determine whether Keweenaw Pink Sheet 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 Keweenaw with respect to the benefits of owning Keweenaw Land security.