Kingstone Companies Stock Probability of Future Stock Price Finishing Over 14.5
| KINS Stock | USD 15.96 0.94 6.26% |
Kingstone |
Kingstone Companies Target Price Odds to finish over 14.5
The tendency of Kingstone 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 above $ 14.50 in 90 days |
| 15.96 | 90 days | 14.50 | near 1 |
Based on a normal probability distribution, the odds of Kingstone Companies to stay above $ 14.50 in 90 days from now is near 1 (This Kingstone Companies probability density function shows the probability of Kingstone Stock to fall within a particular range of prices over 90 days) . Probability of Kingstone Companies price to stay between $ 14.50 and its current price of $15.96 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Kingstone Companies has a beta of 0.35. This indicates as returns on the market go up, Kingstone Companies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kingstone Companies will be expected to be much smaller as well. Additionally Kingstone Companies has an alpha of 0.8003, implying that it can generate a 0.8 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kingstone Companies Price Density |
| Price |
Predictive Modules for Kingstone Companies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kingstone Companies. 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.Kingstone Companies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kingstone Companies is not an exception. The market had few large corrections towards the Kingstone Companies' 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 Kingstone Companies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kingstone Companies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.80 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 1.69 | |
Ir | Information ratio | 0.18 |
Kingstone Companies 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 Kingstone Companies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kingstone Companies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kingstone Companies appears to be risky and price may revert if volatility continues | |
| Kingstone Companies currently holds 25.29 M in liabilities with Debt to Equity (D/E) ratio of 0.64, which is about average as compared to similar companies. Kingstone Companies has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Kingstone Companies' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 123.14 M. Net Loss for the year was (6.17 M) with profit before overhead, payroll, taxes, and interest of 138.38 K. | |
| Kingstone Companies currently holds about 13.2 M in cash with (11.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.24. | |
| Kingstone Companies has a frail financial position based on the latest SEC disclosures | |
| Roughly 26.0% of Kingstone Companies outstanding shares are owned by corporate insiders | |
| Latest headline from zacks.com: What Makes Kingstone Companies, Inc a Strong Momentum Stock Buy Now |
Kingstone Companies 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 Kingstone Stock often depends not only on the future outlook of the current and potential Kingstone Companies' 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. Kingstone Companies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.8 M | |
| Cash And Short Term Investments | 9 M |
Kingstone Companies Technical Analysis
Kingstone Companies' future price can be derived by breaking down and analyzing its technical indicators over time. Kingstone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kingstone Companies. In general, you should focus on analyzing Kingstone Stock price patterns and their correlations with different microeconomic environments and drivers.
Kingstone Companies Predictive Forecast Models
Kingstone Companies' time-series forecasting models is one of many Kingstone Companies' 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 Kingstone Companies' 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 Kingstone Companies
Checking the ongoing alerts about Kingstone Companies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kingstone Companies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kingstone Companies appears to be risky and price may revert if volatility continues | |
| Kingstone Companies currently holds 25.29 M in liabilities with Debt to Equity (D/E) ratio of 0.64, which is about average as compared to similar companies. Kingstone Companies has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Kingstone Companies' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 123.14 M. Net Loss for the year was (6.17 M) with profit before overhead, payroll, taxes, and interest of 138.38 K. | |
| Kingstone Companies currently holds about 13.2 M in cash with (11.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.24. | |
| Kingstone Companies has a frail financial position based on the latest SEC disclosures | |
| Roughly 26.0% of Kingstone Companies outstanding shares are owned by corporate insiders | |
| Latest headline from zacks.com: What Makes Kingstone Companies, Inc a Strong Momentum Stock Buy Now |
Additional Tools for Kingstone Stock Analysis
When running Kingstone Companies' price analysis, check to measure Kingstone Companies' 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 Kingstone Companies is operating at the current time. Most of Kingstone Companies' value examination focuses on studying past and present price action to predict the probability of Kingstone Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingstone Companies' price. Additionally, you may evaluate how the addition of Kingstone Companies to your portfolios can decrease your overall portfolio volatility.