KSB Pumps (Pakistan) Probability of Future Stock Price Finishing Under 113.86
| KSBP Stock | 131.42 5.65 4.12% |
KSB |
KSB Pumps Target Price Odds to finish below 113.86
The tendency of KSB 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 113.86 or more in 90 days |
| 131.42 | 90 days | 113.86 | near 1 |
Based on a normal probability distribution, the odds of KSB Pumps to drop to 113.86 or more in 90 days from now is near 1 (This KSB Pumps probability density function shows the probability of KSB Stock to fall within a particular range of prices over 90 days) . Probability of KSB Pumps price to stay between 113.86 and its current price of 131.42 at the end of the 90-day period is about 39.35 .
Assuming the 90 days trading horizon KSB Pumps has a beta of 0.58. This indicates as returns on the market go up, KSB Pumps average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KSB Pumps will be expected to be much smaller as well. Additionally KSB Pumps has an alpha of 0.0144, implying that it can generate a 0.0144 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). KSB Pumps Price Density |
| Price |
Predictive Modules for KSB Pumps
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KSB Pumps. 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.KSB Pumps Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KSB Pumps is not an exception. The market had few large corrections towards the KSB Pumps' 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 KSB Pumps, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KSB Pumps within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 7.85 | |
Ir | Information ratio | -0.01 |
KSB Pumps 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 KSB Pumps for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KSB Pumps can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KSB Pumps generated a negative expected return over the last 90 days | |
| KSB Pumps has high historical volatility and very poor performance |
KSB Pumps Technical Analysis
KSB Pumps' future price can be derived by breaking down and analyzing its technical indicators over time. KSB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KSB Pumps. In general, you should focus on analyzing KSB Stock price patterns and their correlations with different microeconomic environments and drivers.
KSB Pumps Predictive Forecast Models
KSB Pumps' time-series forecasting models is one of many KSB Pumps' 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 KSB Pumps' 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 KSB Pumps
Checking the ongoing alerts about KSB Pumps for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KSB Pumps help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KSB Pumps generated a negative expected return over the last 90 days | |
| KSB Pumps has high historical volatility and very poor performance |
Other Information on Investing in KSB Stock
KSB Pumps financial ratios help investors to determine whether KSB 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 KSB with respect to the benefits of owning KSB Pumps security.