Kinsale Capital Group Stock Probability of Future Stock Price Finishing Under 463.45
| KNSL Stock | USD 507.70 4.62 0.92% |
Closest to current price Kinsale long CALL Option Payoff at Expiration
Kinsale |
Kinsale Capital Target Price Odds to finish below 463.45
The tendency of Kinsale 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 $ 463.45 or more in 90 days |
| 507.70 | 90 days | 463.45 | about 41.98 |
Based on a normal probability distribution, the odds of Kinsale Capital to drop to $ 463.45 or more in 90 days from now is about 41.98 (This Kinsale Capital Group probability density function shows the probability of Kinsale Stock to fall within a particular range of prices over 90 days) . Probability of Kinsale Capital Group price to stay between $ 463.45 and its current price of $507.7 at the end of the 90-day period is about 53.1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.49 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Kinsale Capital will likely underperform. Additionally Kinsale Capital Group 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. Kinsale Capital Price Density |
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Predictive Modules for Kinsale Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kinsale Capital Group. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kinsale Capital'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.
Kinsale Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kinsale Capital is not an exception. The market had few large corrections towards the Kinsale Capital'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 Kinsale Capital Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kinsale Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 1.49 | |
σ | Overall volatility | 23.63 | |
Ir | Information ratio | 0.01 |
Kinsale Capital 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 Kinsale Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kinsale Capital Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kinsale Capital Group currently holds 183.85 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Kinsale Capital Group has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Kinsale Capital's use of debt, we should always consider it together with its cash and equity. | |
| Kinsale Capital has a frail financial position based on the latest SEC disclosures | |
| Over 88.0% of Kinsale Capital shares are owned by institutional investors | |
| Latest headline from zacks.com: Why Kinsale Capital Group, Inc. is a Top Momentum Stock for the Long-Term |
Kinsale Capital 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 Kinsale Stock often depends not only on the future outlook of the current and potential Kinsale Capital'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. Kinsale Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.3 M | |
| Cash And Short Term Investments | 126.7 M |
Kinsale Capital Technical Analysis
Kinsale Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Kinsale Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kinsale Capital Group. In general, you should focus on analyzing Kinsale Stock price patterns and their correlations with different microeconomic environments and drivers.
Kinsale Capital Predictive Forecast Models
Kinsale Capital's time-series forecasting models is one of many Kinsale Capital'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 Kinsale Capital'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 Kinsale Capital Group
Checking the ongoing alerts about Kinsale Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kinsale Capital Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kinsale Capital Group currently holds 183.85 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Kinsale Capital Group has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Kinsale Capital's use of debt, we should always consider it together with its cash and equity. | |
| Kinsale Capital has a frail financial position based on the latest SEC disclosures | |
| Over 88.0% of Kinsale Capital shares are owned by institutional investors | |
| Latest headline from zacks.com: Why Kinsale Capital Group, Inc. is a Top Momentum Stock for the Long-Term |
Check out Kinsale Capital Backtesting, Kinsale Capital Valuation, Kinsale Capital Correlation, Kinsale Capital Hype Analysis, Kinsale Capital Volatility, Kinsale Capital History as well as Kinsale Capital Performance. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinsale Capital. If investors know Kinsale will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinsale Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.503 | Dividend Share 0.59 | Earnings Share 17.51 | Revenue Per Share 65.998 | Quarterly Revenue Growth 0.33 |
The market value of Kinsale Capital Group is measured differently than its book value, which is the value of Kinsale that is recorded on the company's balance sheet. Investors also form their own opinion of Kinsale Capital's value that differs from its market value or its book value, called intrinsic value, which is Kinsale Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinsale Capital's market value can be influenced by many factors that don't directly affect Kinsale Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kinsale Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinsale Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinsale Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.