Kesko Oyj Adr Stock Probability of Future Pink Sheet Price Finishing Over 8.45
| KKOYY Stock | USD 9.89 0.02 0.20% |
Kesko |
Kesko Oyj Target Price Odds to finish over 8.45
The tendency of Kesko 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 stay above $ 8.45 in 90 days |
| 9.89 | 90 days | 8.45 | close to 99 |
Based on a normal probability distribution, the odds of Kesko Oyj to stay above $ 8.45 in 90 days from now is close to 99 (This Kesko Oyj ADR probability density function shows the probability of Kesko Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Kesko Oyj ADR price to stay between $ 8.45 and its current price of $9.89 at the end of the 90-day period is about 19.42 .
Assuming the 90 days horizon Kesko Oyj ADR has a beta of -0.0489. This indicates as returns on the benchmark increase, returns on holding Kesko Oyj are expected to decrease at a much lower rate. During a bear market, however, Kesko Oyj ADR is likely to outperform the market. Additionally Kesko Oyj ADR has an alpha of 0.0105, implying that it can generate a 0.0105 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kesko Oyj Price Density |
| Price |
Predictive Modules for Kesko Oyj
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kesko Oyj ADR. 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 Kesko Oyj'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.
Kesko Oyj Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kesko Oyj is not an exception. The market had few large corrections towards the Kesko Oyj'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 Kesko Oyj ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kesko Oyj within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.06 |
Kesko Oyj 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 Kesko Oyj for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kesko Oyj ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kesko Oyj ADR generated a negative expected return over the last 90 days | |
| Kesko Oyj ADR has accumulated 206.4 M in total debt with debt to equity ratio (D/E) of 1.05, which is about average as compared to similar companies. Kesko Oyj ADR has a current ratio of 0.9, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kesko Oyj until it has trouble settling it off, either with new capital or with free cash flow. So, Kesko Oyj's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kesko Oyj ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kesko to invest in growth at high rates of return. When we think about Kesko Oyj's use of debt, we should always consider it together with cash and equity. |
Kesko Oyj 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 Kesko Pink Sheet often depends not only on the future outlook of the current and potential Kesko Oyj'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. Kesko Oyj's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 793.3 M | |
| Cash And Short Term Investments | 387.7 M |
Kesko Oyj Technical Analysis
Kesko Oyj's future price can be derived by breaking down and analyzing its technical indicators over time. Kesko Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kesko Oyj ADR. In general, you should focus on analyzing Kesko Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Kesko Oyj Predictive Forecast Models
Kesko Oyj's time-series forecasting models is one of many Kesko Oyj'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 Kesko Oyj'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 Kesko Oyj ADR
Checking the ongoing alerts about Kesko Oyj for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kesko Oyj ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kesko Oyj ADR generated a negative expected return over the last 90 days | |
| Kesko Oyj ADR has accumulated 206.4 M in total debt with debt to equity ratio (D/E) of 1.05, which is about average as compared to similar companies. Kesko Oyj ADR has a current ratio of 0.9, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kesko Oyj until it has trouble settling it off, either with new capital or with free cash flow. So, Kesko Oyj's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kesko Oyj ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kesko to invest in growth at high rates of return. When we think about Kesko Oyj's use of debt, we should always consider it together with cash and equity. |
Additional Tools for Kesko Pink Sheet Analysis
When running Kesko Oyj's price analysis, check to measure Kesko Oyj'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 Kesko Oyj is operating at the current time. Most of Kesko Oyj's value examination focuses on studying past and present price action to predict the probability of Kesko Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kesko Oyj's price. Additionally, you may evaluate how the addition of Kesko Oyj to your portfolios can decrease your overall portfolio volatility.