Kronos Worldwide Stock Probability of Future Stock Price Finishing Under 7.53
| KRO Stock | USD 10.46 0.07 0.67% |
Kronos |
Kronos Worldwide Target Price Odds to finish below 7.53
The tendency of Kronos 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 $ 7.53 or more in 90 days |
| 10.46 | 90 days | 7.53 | near 1 |
Based on a normal probability distribution, the odds of Kronos Worldwide to drop to $ 7.53 or more in 90 days from now is near 1 (This Kronos Worldwide probability density function shows the probability of Kronos Stock to fall within a particular range of prices over 90 days) . Probability of Kronos Worldwide price to stay between $ 7.53 and its current price of $10.46 at the end of the 90-day period is nearly 4.11 .
Considering the 90-day investment horizon Kronos Worldwide has a beta of 0.28. This indicates as returns on the market go up, Kronos Worldwide average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kronos Worldwide will be expected to be much smaller as well. Additionally Kronos Worldwide 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. Kronos Worldwide Price Density |
| Price |
Predictive Modules for Kronos Worldwide
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kronos Worldwide. 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.Kronos Worldwide Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kronos Worldwide is not an exception. The market had few large corrections towards the Kronos Worldwide'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 Kronos Worldwide, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kronos Worldwide within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | -0.06 |
Kronos Worldwide 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 Kronos Worldwide for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kronos Worldwide can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kronos Worldwide generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 1.67 B. Reported Net Loss for the year was (49.1 M) with profit before taxes, overhead, and interest of 391.1 M. | |
| Kronos Worldwide has a poor financial position based on the latest SEC disclosures | |
| About 81.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from globenewswire.com: Kronos Advanced Technologies Announces Cyber Monday Savings of Up to 50 percent on Innovative Air Purification Products, Plus Exclusive Deals Throughout the Holiday Season |
Kronos Worldwide 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 Kronos Stock often depends not only on the future outlook of the current and potential Kronos Worldwide'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. Kronos Worldwide's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 115.1 M | |
| Cash And Short Term Investments | 194.7 M |
Kronos Worldwide Technical Analysis
Kronos Worldwide's future price can be derived by breaking down and analyzing its technical indicators over time. Kronos Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kronos Worldwide. In general, you should focus on analyzing Kronos Stock price patterns and their correlations with different microeconomic environments and drivers.
Kronos Worldwide Predictive Forecast Models
Kronos Worldwide's time-series forecasting models is one of many Kronos Worldwide'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 Kronos Worldwide'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 Kronos Worldwide
Checking the ongoing alerts about Kronos Worldwide for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kronos Worldwide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kronos Worldwide generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 1.67 B. Reported Net Loss for the year was (49.1 M) with profit before taxes, overhead, and interest of 391.1 M. | |
| Kronos Worldwide has a poor financial position based on the latest SEC disclosures | |
| About 81.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from globenewswire.com: Kronos Advanced Technologies Announces Cyber Monday Savings of Up to 50 percent on Innovative Air Purification Products, Plus Exclusive Deals Throughout the Holiday Season |
Check out Kronos Worldwide Backtesting, Kronos Worldwide Valuation, Kronos Worldwide Correlation, Kronos Worldwide Hype Analysis, Kronos Worldwide Volatility, Kronos Worldwide History as well as Kronos Worldwide Performance. To learn how to invest in Kronos Stock, please use our How to Invest in Kronos Worldwide guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Commodity Chemicals 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 Kronos Worldwide. If investors know Kronos 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 Kronos Worldwide 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 (0.42) | Dividend Share 0.62 | Earnings Share 0.81 | Revenue Per Share 16.206 | Quarterly Revenue Growth 0.221 |
The market value of Kronos Worldwide is measured differently than its book value, which is the value of Kronos that is recorded on the company's balance sheet. Investors also form their own opinion of Kronos Worldwide's value that differs from its market value or its book value, called intrinsic value, which is Kronos Worldwide'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 Kronos Worldwide's market value can be influenced by many factors that don't directly affect Kronos Worldwide'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 Kronos Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kronos Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kronos Worldwide'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.