KNR Constructions (India) Probability of Future Stock Price Finishing Under 251.75
| KNRCON Stock | 315.25 0.40 0.13% |
KNR |
KNR Constructions Target Price Odds to finish below 251.75
The tendency of KNR 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 251.75 or more in 90 days |
| 315.25 | 90 days | 251.75 | near 1 |
Based on a normal probability distribution, the odds of KNR Constructions to drop to 251.75 or more in 90 days from now is near 1 (This KNR Constructions Limited probability density function shows the probability of KNR Stock to fall within a particular range of prices over 90 days) . Probability of KNR Constructions price to stay between 251.75 and its current price of 315.25 at the end of the 90-day period is about 44.95 .
Assuming the 90 days trading horizon KNR Constructions Limited has a beta of -0.0114. This indicates as returns on the benchmark increase, returns on holding KNR Constructions are expected to decrease at a much lower rate. During a bear market, however, KNR Constructions Limited is likely to outperform the market. Additionally KNR Constructions Limited 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. KNR Constructions Price Density |
| Price |
Predictive Modules for KNR Constructions
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KNR Constructions. 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.KNR Constructions Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KNR Constructions is not an exception. The market had few large corrections towards the KNR Constructions' 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 KNR Constructions Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KNR Constructions within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 18.89 | |
Ir | Information ratio | -0.06 |
KNR Constructions 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 KNR Constructions for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KNR Constructions can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KNR Constructions generated a negative expected return over the last 90 days | |
| KNR Constructions is unlikely to experience financial distress in the next 2 years | |
| KNR Constructions Limited has accumulated about 0 in cash with (3.16 B) of positive cash flow from operations. | |
| Roughly 49.0% of the company outstanding shares are owned by corporate insiders |
KNR Constructions 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 KNR Stock often depends not only on the future outlook of the current and potential KNR Constructions' 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. KNR Constructions' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 281.3 M | |
| Cash And Short Term Investments | 4 B |
KNR Constructions Technical Analysis
KNR Constructions' future price can be derived by breaking down and analyzing its technical indicators over time. KNR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KNR Constructions Limited. In general, you should focus on analyzing KNR Stock price patterns and their correlations with different microeconomic environments and drivers.
KNR Constructions Predictive Forecast Models
KNR Constructions' time-series forecasting models is one of many KNR Constructions' 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 KNR Constructions' 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 KNR Constructions
Checking the ongoing alerts about KNR Constructions for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KNR Constructions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KNR Constructions generated a negative expected return over the last 90 days | |
| KNR Constructions is unlikely to experience financial distress in the next 2 years | |
| KNR Constructions Limited has accumulated about 0 in cash with (3.16 B) of positive cash flow from operations. | |
| Roughly 49.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in KNR Stock
KNR Constructions financial ratios help investors to determine whether KNR 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 KNR with respect to the benefits of owning KNR Constructions security.