Knorr Bremse Aktiengesellschaft Stock Probability of Future Pink Sheet Price Finishing Under 10.83
| KNRRY Stock | USD 19.63 0.13 0.67% |
Knorr-Bremse |
Knorr-Bremse Aktiengesellscha Target Price Odds to finish below 10.83
The tendency of Knorr-Bremse 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 drop to $ 10.83 or more in 90 days |
| 19.63 | 90 days | 10.83 | near 1 |
Based on a normal probability distribution, the odds of Knorr-Bremse Aktiengesellscha to drop to $ 10.83 or more in 90 days from now is near 1 (This Knorr Bremse Aktiengesellschaft probability density function shows the probability of Knorr-Bremse Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Knorr-Bremse Aktiengesellscha price to stay between $ 10.83 and its current price of $19.63 at the end of the 90-day period is about 19.61 .
Assuming the 90 days horizon Knorr-Bremse Aktiengesellscha has a beta of 0.21. This indicates as returns on the market go up, Knorr-Bremse Aktiengesellscha average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Knorr Bremse Aktiengesellschaft will be expected to be much smaller as well. Additionally Knorr Bremse Aktiengesellschaft 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. Knorr-Bremse Aktiengesellscha Price Density |
| Price |
Predictive Modules for Knorr-Bremse Aktiengesellscha
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Knorr-Bremse Aktiengesellscha. 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.Knorr-Bremse Aktiengesellscha Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Knorr-Bremse Aktiengesellscha is not an exception. The market had few large corrections towards the Knorr-Bremse Aktiengesellscha'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 Knorr Bremse Aktiengesellschaft, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Knorr-Bremse Aktiengesellscha within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 1.24 | |
Ir | Information ratio | -0.11 |
Knorr-Bremse Aktiengesellscha 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 Knorr-Bremse Aktiengesellscha for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Knorr-Bremse Aktiengesellscha can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Knorr-Bremse Aktiengesellscha generated a negative expected return over the last 90 days |
Knorr-Bremse Aktiengesellscha 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 Knorr-Bremse Pink Sheet often depends not only on the future outlook of the current and potential Knorr-Bremse Aktiengesellscha'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. Knorr-Bremse Aktiengesellscha's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 644.8 M | |
| Cash And Short Term Investments | 1.4 B |
Knorr-Bremse Aktiengesellscha Technical Analysis
Knorr-Bremse Aktiengesellscha's future price can be derived by breaking down and analyzing its technical indicators over time. Knorr-Bremse Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Knorr Bremse Aktiengesellschaft. In general, you should focus on analyzing Knorr-Bremse Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Knorr-Bremse Aktiengesellscha Predictive Forecast Models
Knorr-Bremse Aktiengesellscha's time-series forecasting models is one of many Knorr-Bremse Aktiengesellscha'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 Knorr-Bremse Aktiengesellscha'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 Knorr-Bremse Aktiengesellscha
Checking the ongoing alerts about Knorr-Bremse Aktiengesellscha for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Knorr-Bremse Aktiengesellscha help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Knorr-Bremse Aktiengesellscha generated a negative expected return over the last 90 days |
Additional Tools for Knorr-Bremse Pink Sheet Analysis
When running Knorr-Bremse Aktiengesellscha's price analysis, check to measure Knorr-Bremse Aktiengesellscha'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 Knorr-Bremse Aktiengesellscha is operating at the current time. Most of Knorr-Bremse Aktiengesellscha's value examination focuses on studying past and present price action to predict the probability of Knorr-Bremse Aktiengesellscha's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Knorr-Bremse Aktiengesellscha's price. Additionally, you may evaluate how the addition of Knorr-Bremse Aktiengesellscha to your portfolios can decrease your overall portfolio volatility.