Kenorland Minerals Stock Probability of Future OTC Stock Price Finishing Over 3.64
| KLDCF Stock | USD 0.81 0.05 6.58% |
Kenorland |
Kenorland Minerals Target Price Odds to finish over 3.64
The tendency of Kenorland 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 over $ 3.64 or more in 90 days |
| 0.81 | 90 days | 3.64 | close to zero percent |
Based on a normal probability distribution, the odds of Kenorland Minerals to move over $ 3.64 or more in 90 days from now is close to zero percent (This Kenorland Minerals probability density function shows the probability of Kenorland OTC Stock to fall within a particular range of prices over 90 days) . Probability of Kenorland Minerals price to stay between its current price of $ 0.81 and $ 3.64 at the end of the 90-day period is about 57.48 .
Assuming the 90 days horizon Kenorland Minerals has a beta of 0.66. This indicates as returns on the market go up, Kenorland Minerals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kenorland Minerals will be expected to be much smaller as well. Additionally Kenorland Minerals 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. Kenorland Minerals Price Density |
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Predictive Modules for Kenorland Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kenorland Minerals. 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 Kenorland Minerals' 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.
Kenorland Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kenorland Minerals is not an exception. The market had few large corrections towards the Kenorland Minerals' 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 Kenorland Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kenorland Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.66 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.03 |
Kenorland Minerals 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 Kenorland Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kenorland Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kenorland Minerals has some characteristics of a very speculative penny stock | |
| Kenorland Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Kenorland Minerals has accumulated about 7.38 M in cash with (3.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 37.0% of the company outstanding shares are owned by corporate insiders |
Kenorland Minerals 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 Kenorland OTC Stock often depends not only on the future outlook of the current and potential Kenorland Minerals' 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. Kenorland Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 51.6 M |
Kenorland Minerals Technical Analysis
Kenorland Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Kenorland OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kenorland Minerals. In general, you should focus on analyzing Kenorland OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Kenorland Minerals Predictive Forecast Models
Kenorland Minerals' time-series forecasting models is one of many Kenorland Minerals' 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 Kenorland Minerals' 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 Kenorland Minerals
Checking the ongoing alerts about Kenorland Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kenorland Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kenorland Minerals has some characteristics of a very speculative penny stock | |
| Kenorland Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Kenorland Minerals has accumulated about 7.38 M in cash with (3.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 37.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Kenorland OTC Stock
Kenorland Minerals financial ratios help investors to determine whether Kenorland 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 Kenorland with respect to the benefits of owning Kenorland Minerals security.