Kimball Electronics Stock Probability of Future Stock Price Finishing Under 17.65
| KE Stock | USD 18.61 0.22 1.20% |
Closest to current price Kimball long PUT Option Payoff at Expiration
Kimball |
Kimball Electronics Target Price Odds to finish below 17.65
The tendency of Kimball 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 $ 17.65 or more in 90 days |
| 18.61 | 90 days | 17.65 | about 11.77 |
Based on a normal probability distribution, the odds of Kimball Electronics to drop to $ 17.65 or more in 90 days from now is about 11.77 (This Kimball Electronics probability density function shows the probability of Kimball Stock to fall within a particular range of prices over 90 days) . Probability of Kimball Electronics price to stay between $ 17.65 and its current price of $18.61 at the end of the 90-day period is about 31.77 .
Allowing for the 90-day total investment horizon Kimball Electronics has a beta of 0.79. This indicates as returns on the market go up, Kimball Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kimball Electronics will be expected to be much smaller as well. Additionally Kimball Electronics has an alpha of 0.0606, implying that it can generate a 0.0606 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kimball Electronics Price Density |
| Price |
Predictive Modules for Kimball Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kimball Electronics. 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 Kimball Electronics' 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.
Kimball Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kimball Electronics is not an exception. The market had few large corrections towards the Kimball Electronics' 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 Kimball Electronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kimball Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.79 | |
σ | Overall volatility | 0.94 | |
Ir | Information ratio | 0.03 |
Kimball Electronics 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 Kimball Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kimball Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 79.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Earnings call transcript Kimball Electronics Q1 sees sales dip, debt reduced |
Kimball Electronics 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 Kimball Stock often depends not only on the future outlook of the current and potential Kimball Electronics' 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. Kimball Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.3 M | |
| Cash And Short Term Investments | 78 M |
Kimball Electronics Technical Analysis
Kimball Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Kimball Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kimball Electronics. In general, you should focus on analyzing Kimball Stock price patterns and their correlations with different microeconomic environments and drivers.
Kimball Electronics Predictive Forecast Models
Kimball Electronics' time-series forecasting models is one of many Kimball Electronics' 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 Kimball Electronics' 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 Kimball Electronics
Checking the ongoing alerts about Kimball Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kimball Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 79.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Earnings call transcript Kimball Electronics Q1 sees sales dip, debt reduced |
Check out Kimball Electronics Backtesting, Kimball Electronics Valuation, Kimball Electronics Correlation, Kimball Electronics Hype Analysis, Kimball Electronics Volatility, Kimball Electronics History as well as Kimball Electronics Performance. For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Electronic Equipment, Instruments & Components 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 Kimball Electronics. If investors know Kimball 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 Kimball Electronics 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 0.906 | Earnings Share 0.5 | Revenue Per Share | Quarterly Revenue Growth 0.15 | Return On Assets |
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' 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 Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' 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 Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimball Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' 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.