Kinea High (Brazil) Probability of Future Fund Price Finishing Under 102.36
| KNHY11 Fund | BRL 102.70 0.20 0.19% |
Kinea |
Kinea High Target Price Odds to finish below 102.36
The tendency of Kinea Fund 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 R$ 102.36 or more in 90 days |
| 102.70 | 90 days | 102.36 | about 16.2 |
Based on a normal probability distribution, the odds of Kinea High to drop to R$ 102.36 or more in 90 days from now is about 16.2 (This Kinea High Yield probability density function shows the probability of Kinea Fund to fall within a particular range of prices over 90 days) . Probability of Kinea High Yield price to stay between R$ 102.36 and its current price of R$102.7 at the end of the 90-day period is about 5.61 .
Assuming the 90 days trading horizon Kinea High Yield has a beta of -0.0307. This indicates as returns on the benchmark increase, returns on holding Kinea High are expected to decrease at a much lower rate. During a bear market, however, Kinea High Yield is likely to outperform the market. Additionally Kinea High Yield 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. Kinea High Price Density |
| Price |
Predictive Modules for Kinea High
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kinea High Yield. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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.Kinea High Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kinea High is not an exception. The market had few large corrections towards the Kinea High'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 Kinea High Yield, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kinea High within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 1.66 | |
Ir | Information ratio | -0.38 |
Kinea High 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 Kinea High for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kinea High Yield can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kinea High Yield generated a negative expected return over the last 90 days |
Kinea High Technical Analysis
Kinea High's future price can be derived by breaking down and analyzing its technical indicators over time. Kinea Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kinea High Yield. In general, you should focus on analyzing Kinea Fund price patterns and their correlations with different microeconomic environments and drivers.
Kinea High Predictive Forecast Models
Kinea High's time-series forecasting models is one of many Kinea High's fund 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 Kinea High'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 fund market movement and maximize returns from investment trading.
Things to note about Kinea High Yield
Checking the ongoing alerts about Kinea High for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kinea High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kinea High Yield generated a negative expected return over the last 90 days |
Other Information on Investing in Kinea Fund
Kinea High financial ratios help investors to determine whether Kinea Fund 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 Kinea with respect to the benefits of owning Kinea High security.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |