King Global Ventures Stock Probability of Future OTC Stock Price Finishing Over 0.42
| KGLDF Stock | USD 0.42 0.03 7.69% |
King |
King Global Target Price Odds to finish over 0.42
The tendency of King OTC 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 |
| 0.42 | 90 days | 0.42 | about 73.18 |
Based on a normal probability distribution, the odds of King Global to move above the current price in 90 days from now is about 73.18 (This King Global Ventures probability density function shows the probability of King OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon King Global Ventures has a beta of -0.36. This indicates as returns on the benchmark increase, returns on holding King Global are expected to decrease at a much lower rate. During a bear market, however, King Global Ventures is likely to outperform the market. Additionally King Global Ventures 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. King Global Price Density |
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Predictive Modules for King Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as King Global Ventures. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 King Global'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.
King Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. King Global is not an exception. The market had few large corrections towards the King Global'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 King Global Ventures, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of King Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.09 |
King Global 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 King Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for King Global Ventures can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| King Global Ventures generated a negative expected return over the last 90 days | |
| King Global Ventures has some characteristics of a very speculative penny stock | |
| King Global Ventures has high historical volatility and very poor performance | |
| King Global Ventures has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (637.3 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| King Global Ventures has accumulated about 927.99 K in cash with (836.32 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
King Global 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 King OTC Stock often depends not only on the future outlook of the current and potential King Global'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. King Global's indicators that are reflective of the short sentiment are summarized in the table below.
King Global Technical Analysis
King Global's future price can be derived by breaking down and analyzing its technical indicators over time. King OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of King Global Ventures. In general, you should focus on analyzing King OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
King Global Predictive Forecast Models
King Global's time-series forecasting models is one of many King Global's otc 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 King Global'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 otc stock market movement and maximize returns from investment trading.
Things to note about King Global Ventures
Checking the ongoing alerts about King Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for King Global Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| King Global Ventures generated a negative expected return over the last 90 days | |
| King Global Ventures has some characteristics of a very speculative penny stock | |
| King Global Ventures has high historical volatility and very poor performance | |
| King Global Ventures has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (637.3 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| King Global Ventures has accumulated about 927.99 K in cash with (836.32 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Other Information on Investing in King OTC Stock
King Global financial ratios help investors to determine whether King OTC Stock 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 King with respect to the benefits of owning King Global security.