Kainos Group Plc Stock Probability of Future Pink Sheet Price Finishing Under 0.89
| KNNNF Stock | USD 10.29 0.42 3.92% |
Kainos |
Kainos Group Target Price Odds to finish below 0.89
The tendency of Kainos 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 $ 0.89 or more in 90 days |
| 10.29 | 90 days | 0.89 | near 1 |
Based on a normal probability distribution, the odds of Kainos Group to drop to $ 0.89 or more in 90 days from now is near 1 (This Kainos Group plc probability density function shows the probability of Kainos Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Kainos Group plc price to stay between $ 0.89 and its current price of $10.29 at the end of the 90-day period is about 35.09 .
Assuming the 90 days horizon Kainos Group plc has a beta of -0.0892. This indicates as returns on the benchmark increase, returns on holding Kainos Group are expected to decrease at a much lower rate. During a bear market, however, Kainos Group plc is likely to outperform the market. Additionally Kainos Group plc 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. Kainos Group Price Density |
| Price |
Predictive Modules for Kainos Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kainos Group plc. 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.Kainos Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kainos Group is not an exception. The market had few large corrections towards the Kainos Group'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 Kainos Group plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kainos Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.53 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 1.57 | |
Ir | Information ratio | -0.11 |
Kainos Group 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 Kainos Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kainos Group plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kainos Group plc generated a negative expected return over the last 90 days | |
| Kainos Group plc has high historical volatility and very poor performance | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
Kainos Group 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 Kainos Pink Sheet often depends not only on the future outlook of the current and potential Kainos Group'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. Kainos Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 123.9 M |
Kainos Group Technical Analysis
Kainos Group's future price can be derived by breaking down and analyzing its technical indicators over time. Kainos Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kainos Group plc. In general, you should focus on analyzing Kainos Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Kainos Group Predictive Forecast Models
Kainos Group's time-series forecasting models is one of many Kainos Group'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 Kainos Group'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 Kainos Group plc
Checking the ongoing alerts about Kainos Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kainos Group plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kainos Group plc generated a negative expected return over the last 90 days | |
| Kainos Group plc has high historical volatility and very poor performance | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Kainos Pink Sheet
Kainos Group financial ratios help investors to determine whether Kainos 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 Kainos with respect to the benefits of owning Kainos Group security.