Kar Auction Services Stock Probability of Future Stock Price Finishing Under 14.12
| KAR Stock | USD 20.50 0.17 0.84% |
KAR |
KAR Auction Target Price Odds to finish below 14.12
The tendency of KAR 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 $ 14.12 or more in 90 days |
| 20.50 | 90 days | 14.12 | roughly 2.05 |
Based on a normal probability distribution, the odds of KAR Auction to drop to $ 14.12 or more in 90 days from now is roughly 2.05 (This KAR Auction Services probability density function shows the probability of KAR Stock to fall within a particular range of prices over 90 days) . Probability of KAR Auction Services price to stay between $ 14.12 and its current price of $20.5 at the end of the 90-day period is about 85.74 .
Considering the 90-day investment horizon KAR Auction has a beta of 0.33. This indicates as returns on the market go up, KAR Auction average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KAR Auction Services will be expected to be much smaller as well. Additionally KAR Auction Services has an alpha of 0.3261, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). KAR Auction Price Density |
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Predictive Modules for KAR Auction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KAR Auction Services. 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.KAR Auction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KAR Auction is not an exception. The market had few large corrections towards the KAR Auction'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 KAR Auction Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KAR Auction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 1.99 | |
Ir | Information ratio | 0.14 |
KAR Auction 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 KAR Auction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KAR Auction Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the last year's revenue of 1.65 B. Reported Net Loss for the year was (154.1 M) with profit before taxes, overhead, and interest of 685.1 M. | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from kalkinemedia.com: Specialty Retailer OPENLANE Reports Earnings Growth |
KAR Auction 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 KAR Stock often depends not only on the future outlook of the current and potential KAR Auction'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. KAR Auction's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 109.1 M | |
| Cash And Short Term Investments | 93.5 M |
KAR Auction Technical Analysis
KAR Auction's future price can be derived by breaking down and analyzing its technical indicators over time. KAR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KAR Auction Services. In general, you should focus on analyzing KAR Stock price patterns and their correlations with different microeconomic environments and drivers.
KAR Auction Predictive Forecast Models
KAR Auction's time-series forecasting models is one of many KAR Auction'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 KAR Auction'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 KAR Auction Services
Checking the ongoing alerts about KAR Auction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KAR Auction Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the last year's revenue of 1.65 B. Reported Net Loss for the year was (154.1 M) with profit before taxes, overhead, and interest of 685.1 M. | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from kalkinemedia.com: Specialty Retailer OPENLANE Reports Earnings Growth |
Additional Tools for KAR Stock Analysis
When running KAR Auction's price analysis, check to measure KAR Auction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KAR Auction is operating at the current time. Most of KAR Auction's value examination focuses on studying past and present price action to predict the probability of KAR Auction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KAR Auction's price. Additionally, you may evaluate how the addition of KAR Auction to your portfolios can decrease your overall portfolio volatility.