Key Petroleum (Australia) Probability of Future Stock Price Finishing Under 0.1
| KEY Stock | 0.07 0.02 34.00% |
Key |
Key Petroleum Target Price Odds to finish below 0.1
The tendency of Key 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 stay under 0.10 after 90 days |
| 0.07 | 90 days | 0.10 | about 67.54 |
Based on a normal probability distribution, the odds of Key Petroleum to stay under 0.10 after 90 days from now is about 67.54 (This Key Petroleum probability density function shows the probability of Key Stock to fall within a particular range of prices over 90 days) . Probability of Key Petroleum price to stay between its current price of 0.07 and 0.10 at the end of the 90-day period is about 64.53 .
Assuming the 90 days trading horizon Key Petroleum has a beta of 0.48. This indicates as returns on the market go up, Key Petroleum average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Key Petroleum will be expected to be much smaller as well. Additionally Key Petroleum 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. Key Petroleum Price Density |
| Price |
Predictive Modules for Key Petroleum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Key Petroleum. 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.Key Petroleum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Key Petroleum is not an exception. The market had few large corrections towards the Key Petroleum'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 Key Petroleum, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Key Petroleum within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.07 |
Key Petroleum 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 Key Petroleum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Key Petroleum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Key Petroleum generated a negative expected return over the last 90 days | |
| Key Petroleum has high historical volatility and very poor performance | |
| Key Petroleum has some characteristics of a very speculative penny stock | |
| Key Petroleum has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 8.09 K. Net Loss for the year was (961.39 K) with profit before overhead, payroll, taxes, and interest of 10.98 K. | |
| Key Petroleum has accumulated about 345.16 K in cash with (703.46 K) of positive cash flow from operations. | |
| Roughly 54.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Westpac Banking Boosts Share Buy-Back Efforts - TipRanks |
Key Petroleum 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 Key Stock often depends not only on the future outlook of the current and potential Key Petroleum'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. Key Petroleum's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.1 B | |
| Cash And Short Term Investments | 172.1 K |
Key Petroleum Technical Analysis
Key Petroleum's future price can be derived by breaking down and analyzing its technical indicators over time. Key Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Key Petroleum. In general, you should focus on analyzing Key Stock price patterns and their correlations with different microeconomic environments and drivers.
Key Petroleum Predictive Forecast Models
Key Petroleum's time-series forecasting models is one of many Key Petroleum's 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 Key Petroleum'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 stock market movement and maximize returns from investment trading.
Things to note about Key Petroleum
Checking the ongoing alerts about Key Petroleum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Key Petroleum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Key Petroleum generated a negative expected return over the last 90 days | |
| Key Petroleum has high historical volatility and very poor performance | |
| Key Petroleum has some characteristics of a very speculative penny stock | |
| Key Petroleum has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 8.09 K. Net Loss for the year was (961.39 K) with profit before overhead, payroll, taxes, and interest of 10.98 K. | |
| Key Petroleum has accumulated about 345.16 K in cash with (703.46 K) of positive cash flow from operations. | |
| Roughly 54.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Westpac Banking Boosts Share Buy-Back Efforts - TipRanks |
Additional Tools for Key Stock Analysis
When running Key Petroleum's price analysis, check to measure Key Petroleum'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 Key Petroleum is operating at the current time. Most of Key Petroleum's value examination focuses on studying past and present price action to predict the probability of Key Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Key Petroleum's price. Additionally, you may evaluate how the addition of Key Petroleum to your portfolios can decrease your overall portfolio volatility.