Wk Kellogg Co Stock Probability of Future Stock Price Finishing Under 7.49
| KLG Stock | 21.00 0.85 4.22% |
KLG |
WK Kellogg Target Price Odds to finish below 7.49
The tendency of KLG 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 drop to 7.49 or more in 90 days |
| 21.00 | 90 days | 7.49 | near 1 |
Based on a normal probability distribution, the odds of WK Kellogg to drop to 7.49 or more in 90 days from now is near 1 (This WK Kellogg Co probability density function shows the probability of KLG Stock to fall within a particular range of prices over 90 days) . Probability of WK Kellogg price to stay between 7.49 and its current price of 21.0 at the end of the 90-day period is close to 99 .
Considering the 90-day investment horizon WK Kellogg has a beta of 0.76. This indicates as returns on the market go up, WK Kellogg average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WK Kellogg Co will be expected to be much smaller as well. Additionally WK Kellogg Co has an alpha of 0.1593, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WK Kellogg Price Density |
| Price |
Predictive Modules for WK Kellogg
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WK Kellogg. 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.WK Kellogg Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WK Kellogg is not an exception. The market had few large corrections towards the WK Kellogg'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 WK Kellogg Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WK Kellogg within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.76 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | 0.04 |
WK Kellogg 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 WK Kellogg for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WK Kellogg can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WK Kellogg had very high historical volatility over the last 90 days | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: W. K. Kellogg Foundation Trust Reduces Stake in Kellanova Co |
WK Kellogg 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 KLG Stock often depends not only on the future outlook of the current and potential WK Kellogg'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. WK Kellogg's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86 M | |
| Cash And Short Term Investments | 89 M |
WK Kellogg Technical Analysis
WK Kellogg's future price can be derived by breaking down and analyzing its technical indicators over time. KLG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WK Kellogg Co. In general, you should focus on analyzing KLG Stock price patterns and their correlations with different microeconomic environments and drivers.
WK Kellogg Predictive Forecast Models
WK Kellogg's time-series forecasting models is one of many WK Kellogg'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 WK Kellogg'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 WK Kellogg
Checking the ongoing alerts about WK Kellogg for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WK Kellogg help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WK Kellogg had very high historical volatility over the last 90 days | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: W. K. Kellogg Foundation Trust Reduces Stake in Kellanova Co |
Check out WK Kellogg Backtesting, WK Kellogg Valuation, WK Kellogg Correlation, WK Kellogg Hype Analysis, WK Kellogg Volatility, WK Kellogg History as well as WK Kellogg Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WK Kellogg. If investors know KLG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WK Kellogg listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.147 | Dividend Share 0.64 | Earnings Share 0.78 | Revenue Per Share 31.752 | Quarterly Revenue Growth (0) |
The market value of WK Kellogg is measured differently than its book value, which is the value of KLG that is recorded on the company's balance sheet. Investors also form their own opinion of WK Kellogg's value that differs from its market value or its book value, called intrinsic value, which is WK Kellogg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WK Kellogg's market value can be influenced by many factors that don't directly affect WK Kellogg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WK Kellogg's value and its price as these two are different measures arrived at by different means. Investors typically determine if WK Kellogg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WK Kellogg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.