Kellanova (Brazil) Probability of Future Stock Price Finishing Under 215.29
| K1EL34 Stock | BRL 249.90 0.00 0.00% |
Kellanova |
Kellanova Target Price Odds to finish below 215.29
The tendency of Kellanova 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 R$ 215.29 or more in 90 days |
| 249.90 | 90 days | 215.29 | under 4 |
Based on a normal probability distribution, the odds of Kellanova to drop to R$ 215.29 or more in 90 days from now is under 4 (This Kellanova probability density function shows the probability of Kellanova Stock to fall within a particular range of prices over 90 days) . Probability of Kellanova price to stay between R$ 215.29 and its current price of R$249.9 at the end of the 90-day period is about 90.4 .
Assuming the 90 days trading horizon Kellanova has a beta of 0.14. This indicates as returns on the market go up, Kellanova average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kellanova will be expected to be much smaller as well. Additionally Kellanova has an alpha of 0.1754, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kellanova Price Density |
| Price |
Predictive Modules for Kellanova
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kellanova. 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.Kellanova Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kellanova is not an exception. The market had few large corrections towards the Kellanova'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 Kellanova, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kellanova within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 10.31 | |
Ir | Information ratio | 0.14 |
Kellanova 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 Kellanova for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kellanova can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kellanova has accumulated 8.26 B in total debt with debt to equity ratio (D/E) of 2.13, implying the company greatly relies on financing operations through barrowing. Kellanova has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kellanova until it has trouble settling it off, either with new capital or with free cash flow. So, Kellanova's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kellanova sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kellanova to invest in growth at high rates of return. When we think about Kellanova's use of debt, we should always consider it together with cash and equity. |
Kellanova 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 Kellanova Stock often depends not only on the future outlook of the current and potential Kellanova'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. Kellanova's indicators that are reflective of the short sentiment are summarized in the table below.
| Last Dividend Date | 31st of August 2021 | |
| Trailing Annual Dividend Rate | 2.29 | |
| Float Shares | 277.72M | |
| Average Daily Volume Last 10 Day | 3 | |
| Average Daily Volume In Three Month | 41 | |
| Trailing Annual Dividend Yield | 1.32% |
Kellanova Technical Analysis
Kellanova's future price can be derived by breaking down and analyzing its technical indicators over time. Kellanova Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kellanova. In general, you should focus on analyzing Kellanova Stock price patterns and their correlations with different microeconomic environments and drivers.
Kellanova Predictive Forecast Models
Kellanova's time-series forecasting models is one of many Kellanova'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 Kellanova'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 Kellanova
Checking the ongoing alerts about Kellanova for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kellanova help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kellanova has accumulated 8.26 B in total debt with debt to equity ratio (D/E) of 2.13, implying the company greatly relies on financing operations through barrowing. Kellanova has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kellanova until it has trouble settling it off, either with new capital or with free cash flow. So, Kellanova's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kellanova sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kellanova to invest in growth at high rates of return. When we think about Kellanova's use of debt, we should always consider it together with cash and equity. |
Additional Information and Resources on Investing in Kellanova Stock
When determining whether Kellanova is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kellanova Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kellanova Stock. Highlighted below are key reports to facilitate an investment decision about Kellanova Stock:Check out Kellanova Backtesting, Kellanova Valuation, Kellanova Correlation, Kellanova Hype Analysis, Kellanova Volatility, Kellanova History as well as Kellanova Performance. For information on how to trade Kellanova Stock refer to our How to Trade Kellanova Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.