Kellton Tech (India) Probability of Future Stock Price Finishing Over 160.70
| KELLTONTEC | 171.50 23.89 16.18% |
Kellton |
Kellton Tech Target Price Odds to finish over 160.70
The tendency of Kellton 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 stay above 160.70 in 90 days |
| 171.50 | 90 days | 160.70 | about 8.35 |
Based on a normal probability distribution, the odds of Kellton Tech to stay above 160.70 in 90 days from now is about 8.35 (This Kellton Tech Solutions probability density function shows the probability of Kellton Stock to fall within a particular range of prices over 90 days) . Probability of Kellton Tech Solutions price to stay between 160.70 and its current price of 171.5 at the end of the 90-day period is about 7.88 .
Assuming the 90 days trading horizon Kellton Tech has a beta of 0.0841. This indicates as returns on the market go up, Kellton Tech average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kellton Tech Solutions will be expected to be much smaller as well. Additionally Kellton Tech Solutions has an alpha of 0.0517, implying that it can generate a 0.0517 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kellton Tech Price Density |
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Predictive Modules for Kellton Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kellton Tech Solutions. 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 Kellton Tech'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.
Kellton Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kellton Tech is not an exception. The market had few large corrections towards the Kellton Tech'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 Kellton Tech Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kellton Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 8.91 | |
Ir | Information ratio | 0.01 |
Kellton Tech 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 Kellton Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kellton Tech Solutions can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kellton Tech had very high historical volatility over the last 90 days | |
| About 50.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Stocks To Watch Awfis Space Solutions, NTPC Green, LTIMindtree, Infosys, HG Infra And More - NDTV Profit |
Kellton Tech 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 Kellton Stock often depends not only on the future outlook of the current and potential Kellton Tech'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. Kellton Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 97.4 M | |
| Cash And Short Term Investments | 277 M |
Kellton Tech Technical Analysis
Kellton Tech's future price can be derived by breaking down and analyzing its technical indicators over time. Kellton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kellton Tech Solutions. In general, you should focus on analyzing Kellton Stock price patterns and their correlations with different microeconomic environments and drivers.
Kellton Tech Predictive Forecast Models
Kellton Tech's time-series forecasting models is one of many Kellton Tech'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 Kellton Tech'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 Kellton Tech Solutions
Checking the ongoing alerts about Kellton Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kellton Tech Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kellton Tech had very high historical volatility over the last 90 days | |
| About 50.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Stocks To Watch Awfis Space Solutions, NTPC Green, LTIMindtree, Infosys, HG Infra And More - NDTV Profit |
Other Information on Investing in Kellton Stock
Kellton Tech financial ratios help investors to determine whether Kellton Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kellton with respect to the benefits of owning Kellton Tech security.