Keynote Financial (India) Probability of Future Stock Price Finishing Under 248.92
| KEYFINSERV | 243.40 1.15 0.47% |
Keynote |
Keynote Financial Target Price Odds to finish below 248.92
The tendency of Keynote 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 stay under 248.92 after 90 days |
| 243.40 | 90 days | 248.92 | about 20.58 |
Based on a normal probability distribution, the odds of Keynote Financial to stay under 248.92 after 90 days from now is about 20.58 (This Keynote Financial Services probability density function shows the probability of Keynote Stock to fall within a particular range of prices over 90 days) . Probability of Keynote Financial price to stay between its current price of 243.40 and 248.92 at the end of the 90-day period is nearly 4.9 .
Assuming the 90 days trading horizon Keynote Financial has a beta of 0.58. This indicates as returns on the market go up, Keynote Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Keynote Financial Services will be expected to be much smaller as well. Additionally Keynote Financial Services 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. Keynote Financial Price Density |
| Price |
Predictive Modules for Keynote Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Keynote Financial. 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.Keynote Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Keynote Financial is not an exception. The market had few large corrections towards the Keynote Financial'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 Keynote Financial Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Keynote Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 29.69 | |
Ir | Information ratio | -0.06 |
Keynote Financial 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 Keynote Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Keynote Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Keynote Financial generated a negative expected return over the last 90 days | |
| Keynote Financial has high historical volatility and very poor performance | |
| Keynote Financial is unlikely to experience financial distress in the next 2 years | |
| About 79.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Keynote Finance Standalone September 2024 Net Sales at Rs 3.57 crore, up 2.63 percent Y-o-Y - Moneycontrol |
Keynote Financial 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 Keynote Stock often depends not only on the future outlook of the current and potential Keynote Financial'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. Keynote Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.6 M | |
| Cash And Short Term Investments | 928.4 M |
Keynote Financial Technical Analysis
Keynote Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Keynote Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Keynote Financial Services. In general, you should focus on analyzing Keynote Stock price patterns and their correlations with different microeconomic environments and drivers.
Keynote Financial Predictive Forecast Models
Keynote Financial's time-series forecasting models is one of many Keynote Financial'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 Keynote Financial'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 Keynote Financial
Checking the ongoing alerts about Keynote Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Keynote Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Keynote Financial generated a negative expected return over the last 90 days | |
| Keynote Financial has high historical volatility and very poor performance | |
| Keynote Financial is unlikely to experience financial distress in the next 2 years | |
| About 79.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Keynote Finance Standalone September 2024 Net Sales at Rs 3.57 crore, up 2.63 percent Y-o-Y - Moneycontrol |
Additional Tools for Keynote Stock Analysis
When running Keynote Financial's price analysis, check to measure Keynote Financial'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 Keynote Financial is operating at the current time. Most of Keynote Financial's value examination focuses on studying past and present price action to predict the probability of Keynote Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keynote Financial's price. Additionally, you may evaluate how the addition of Keynote Financial to your portfolios can decrease your overall portfolio volatility.