Kingsway Financial Services Stock Probability of Future Stock Price Finishing Over 13.84
| KFS Stock | USD 8.37 0.09 1.06% |
Kingsway |
Kingsway Financial Target Price Odds to finish over 13.84
The tendency of Kingsway 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 move over $ 13.84 or more in 90 days |
| 8.37 | 90 days | 13.84 | close to zero percent |
Based on a normal probability distribution, the odds of Kingsway Financial to move over $ 13.84 or more in 90 days from now is close to zero percent (This Kingsway Financial Services probability density function shows the probability of Kingsway Stock to fall within a particular range of prices over 90 days) . Probability of Kingsway Financial price to stay between its current price of $ 8.37 and $ 13.84 at the end of the 90-day period is about 83.49 .
Considering the 90-day investment horizon Kingsway Financial has a beta of 0.43. This indicates as returns on the market go up, Kingsway Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kingsway Financial Services will be expected to be much smaller as well. Additionally Kingsway Financial Services has an alpha of 0.0554, implying that it can generate a 0.0554 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kingsway Financial Price Density |
| Price |
Predictive Modules for Kingsway Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kingsway Financial. 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.Kingsway Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kingsway Financial is not an exception. The market had few large corrections towards the Kingsway Financial'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 Kingsway Financial Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kingsway Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | 0.03 |
Kingsway Financial 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 Kingsway Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kingsway Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kingsway Financial has high likelihood to experience some financial distress in the next 2 years | |
| Kingsway Financial Services has 45.61 M in debt. Kingsway Financial has a current ratio of 0.9, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Kingsway to invest in growth at high rates of return. | |
| Kingsway Financial Services has about 64.17 M in cash with (26.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.5. | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from aol.com: Discarded batteries cause second bin lorry fire |
Kingsway Financial 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 Kingsway Stock often depends not only on the future outlook of the current and potential Kingsway Financial'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. Kingsway Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.4 M | |
| Cash And Short Term Investments | 9.3 M |
Kingsway Financial Technical Analysis
Kingsway Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Kingsway Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kingsway Financial Services. In general, you should focus on analyzing Kingsway Stock price patterns and their correlations with different microeconomic environments and drivers.