Kingsway Financial Services Probability of Future OTC BB Equity Price Finishing Under 3.40
| KFSYFDelisted Stock | USD 3.25 0.18 5.86% |
Kingsway |
Kingsway Financial Target Price Odds to finish below 3.40
The tendency of Kingsway OTC BB Equity 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 $ 3.40 after 90 days |
| 3.25 | 90 days | 3.40 | about 28.49 |
Based on a normal probability distribution, the odds of Kingsway Financial to stay under $ 3.40 after 90 days from now is about 28.49 (This Kingsway Financial Services probability density function shows the probability of Kingsway OTC BB Equity to fall within a particular range of prices over 90 days) . Probability of Kingsway Financial price to stay between its current price of $ 3.25 and $ 3.40 at the end of the 90-day period is about 9.96 .
Assuming the 90 days horizon Kingsway Financial Services has a beta of -0.53. This indicates as returns on the benchmark increase, returns on holding Kingsway Financial are expected to decrease at a much lower rate. During a bear market, however, Kingsway Financial Services is likely to outperform the market. Additionally Kingsway Financial Services 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. Kingsway Financial Price Density |
| Price |
Predictive Modules for Kingsway Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kingsway Financial. Regardless of method or technology, however, to accurately forecast the otc bb equity market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc bb equity 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 Kingsway Financial'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.
Kingsway Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kingsway Financial is not an exception. The market had few large corrections towards the Kingsway Financial'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 Kingsway Financial Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kingsway Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | -0.53 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | -0.11 |
Kingsway Financial 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 Kingsway Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kingsway Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kingsway Financial is not yet fully synchronised with the market data | |
| Kingsway Financial has a very high chance of going through financial distress in the upcoming years | |
| Kingsway Financial Services has accumulated 103.31 M in total debt. Kingsway Financial has a current ratio of 0.9, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Kingsway Financial's use of debt, we should always consider it together with its cash and equity. | |
| Kingsway Financial Services has accumulated about 11.86 M in cash with (14.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.5. |
Kingsway Financial 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 Kingsway OTC BB Equity often depends not only on the future outlook of the current and potential Kingsway Financial'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. Kingsway Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.3 M | |
| Cash And Short Term Investments | 64.3 M |
Kingsway Financial Technical Analysis
Kingsway Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Kingsway OTC BB Equity technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kingsway Financial Services. In general, you should focus on analyzing Kingsway OTC BB Equity price patterns and their correlations with different microeconomic environments and drivers.
Kingsway Financial Predictive Forecast Models
Kingsway Financial's time-series forecasting models is one of many Kingsway Financial's otc bb equity 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 Kingsway Financial'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 otc bb equity market movement and maximize returns from investment trading.
Things to note about Kingsway Financial
Checking the ongoing alerts about Kingsway Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kingsway Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kingsway Financial is not yet fully synchronised with the market data | |
| Kingsway Financial has a very high chance of going through financial distress in the upcoming years | |
| Kingsway Financial Services has accumulated 103.31 M in total debt. Kingsway Financial has a current ratio of 0.9, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Kingsway Financial's use of debt, we should always consider it together with its cash and equity. | |
| Kingsway Financial Services has accumulated about 11.86 M in cash with (14.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.5. |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Kingsway OTC BB Equity
If you are still planning to invest in Kingsway Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kingsway Financial's history and understand the potential risks before investing.
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