Kelt Exploration Stock Probability of Future Pink Sheet Price Finishing Over 12.92
| KELTF Stock | USD 5.00 0.13 2.53% |
Kelt |
Kelt Exploration Target Price Odds to finish over 12.92
The tendency of Kelt 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 move over $ 12.92 or more in 90 days |
| 5.00 | 90 days | 12.92 | close to zero percent |
Based on a normal probability distribution, the odds of Kelt Exploration to move over $ 12.92 or more in 90 days from now is close to zero percent (This Kelt Exploration probability density function shows the probability of Kelt Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Kelt Exploration price to stay between its current price of $ 5.00 and $ 12.92 at the end of the 90-day period is nearly 4.12 .
Assuming the 90 days horizon Kelt Exploration has a beta of -0.38. This indicates as returns on the benchmark increase, returns on holding Kelt Exploration are expected to decrease at a much lower rate. During a bear market, however, Kelt Exploration is likely to outperform the market. Additionally Kelt Exploration has an alpha of 0.1627, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kelt Exploration Price Density |
| Price |
Predictive Modules for Kelt Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kelt Exploration. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kelt Exploration's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Kelt Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kelt Exploration is not an exception. The market had few large corrections towards the Kelt Exploration'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 Kelt Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kelt Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | 0 |
Kelt Exploration 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 Kelt Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kelt Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kelt Exploration has accumulated 1.15 M in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Kelt Exploration has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kelt Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Kelt Exploration's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kelt Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kelt to invest in growth at high rates of return. When we think about Kelt Exploration's use of debt, we should always consider it together with cash and equity. | |
| About 16.0% of Kelt Exploration outstanding shares are owned by corporate insiders |
Kelt Exploration 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 Kelt Pink Sheet often depends not only on the future outlook of the current and potential Kelt Exploration'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. Kelt Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 189.2 M |
Kelt Exploration Technical Analysis
Kelt Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Kelt Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kelt Exploration. In general, you should focus on analyzing Kelt Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Kelt Exploration Predictive Forecast Models
Kelt Exploration's time-series forecasting models is one of many Kelt Exploration'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 Kelt Exploration'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 Kelt Exploration
Checking the ongoing alerts about Kelt Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kelt Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kelt Exploration has accumulated 1.15 M in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Kelt Exploration has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kelt Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Kelt Exploration's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kelt Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kelt to invest in growth at high rates of return. When we think about Kelt Exploration's use of debt, we should always consider it together with cash and equity. | |
| About 16.0% of Kelt Exploration outstanding shares are owned by corporate insiders |
Other Information on Investing in Kelt Pink Sheet
Kelt Exploration financial ratios help investors to determine whether Kelt Pink Sheet 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 Kelt with respect to the benefits of owning Kelt Exploration security.