Knorr Bremse Aktiengesellschaft Stock Probability of Future Pink Sheet Price Finishing Under 15.12
| KNRRY Stock | USD 18.72 0.35 1.84% |
Knorr |
Knorr Bremse Target Price Odds to finish below 15.12
The tendency of Knorr 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 $ 15.12 or more in 90 days |
| 18.72 | 90 days | 15.12 | near 1 |
Based on a normal probability distribution, the odds of Knorr Bremse to drop to $ 15.12 or more in 90 days from now is near 1 (This Knorr Bremse Aktiengesellschaft probability density function shows the probability of Knorr Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Knorr Bremse Aktieng price to stay between $ 15.12 and its current price of $18.72 at the end of the 90-day period is about 7.56 .
Assuming the 90 days horizon Knorr Bremse has a beta of 0.32. This indicates as returns on the market go up, Knorr Bremse 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 Price Density |
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Predictive Modules for Knorr Bremse
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 Aktieng. 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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Knorr Bremse is not an exception. The market had few large corrections towards the Knorr Bremse'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 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 1.31 | |
Ir | Information ratio | -0.16 |
Knorr Bremse 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 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Knorr Bremse Aktieng 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 Aktieng generated a negative expected return over the last 90 days |
Knorr Bremse 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 Pink Sheet often depends not only on the future outlook of the current and potential Knorr Bremse'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'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 Technical Analysis
Knorr Bremse's future price can be derived by breaking down and analyzing its technical indicators over time. Knorr 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 Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Knorr Bremse Predictive Forecast Models
Knorr Bremse's time-series forecasting models is one of many Knorr Bremse'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'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 Aktieng
Checking the ongoing alerts about Knorr Bremse for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Knorr Bremse Aktieng help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Knorr Bremse Aktieng generated a negative expected return over the last 90 days |
Additional Tools for Knorr Pink Sheet Analysis
When running Knorr Bremse's price analysis, check to measure Knorr Bremse'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 is operating at the current time. Most of Knorr Bremse's value examination focuses on studying past and present price action to predict the probability of Knorr Bremse'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's price. Additionally, you may evaluate how the addition of Knorr Bremse to your portfolios can decrease your overall portfolio volatility.