Kingfisher PLC (UK) Probability of Future Stock Price Finishing Over 292.8
| KGF Stock | 259.10 0.10 0.04% |
Kingfisher |
Kingfisher PLC Target Price Odds to finish over 292.8
The tendency of Kingfisher 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 292.80 or more in 90 days |
| 259.10 | 90 days | 292.80 | about 51.76 |
Based on a normal probability distribution, the odds of Kingfisher PLC to move over 292.80 or more in 90 days from now is about 51.76 (This Kingfisher PLC probability density function shows the probability of Kingfisher Stock to fall within a particular range of prices over 90 days) . Probability of Kingfisher PLC price to stay between its current price of 259.10 and 292.80 at the end of the 90-day period is about 40.83 .
Assuming the 90 days trading horizon Kingfisher PLC has a beta of -0.0342. This indicates as returns on the benchmark increase, returns on holding Kingfisher PLC are expected to decrease at a much lower rate. During a bear market, however, Kingfisher PLC is likely to outperform the market. Additionally Kingfisher PLC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Kingfisher PLC Price Density |
| Price |
Predictive Modules for Kingfisher PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kingfisher PLC. 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.Kingfisher PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kingfisher PLC is not an exception. The market had few large corrections towards the Kingfisher PLC'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 Kingfisher PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kingfisher PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 24.03 | |
Ir | Information ratio | -0.07 |
Kingfisher PLC 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 Kingfisher PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kingfisher PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kingfisher PLC generated a negative expected return over the last 90 days | |
| Over 82.0% of the company shares are owned by institutional investors | |
| On 15th of November 2024 Kingfisher PLC paid 0.038 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Kingfisher PLC Announces Share Transfer by Board Chair - MSN |
Kingfisher PLC 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 Kingfisher Stock often depends not only on the future outlook of the current and potential Kingfisher PLC'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. Kingfisher PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 B | |
| Cash And Short Term Investments | 360 M |
Kingfisher PLC Technical Analysis
Kingfisher PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Kingfisher Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kingfisher PLC. In general, you should focus on analyzing Kingfisher Stock price patterns and their correlations with different microeconomic environments and drivers.
Kingfisher PLC Predictive Forecast Models
Kingfisher PLC's time-series forecasting models is one of many Kingfisher PLC'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 Kingfisher PLC'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 Kingfisher PLC
Checking the ongoing alerts about Kingfisher PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kingfisher PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kingfisher PLC generated a negative expected return over the last 90 days | |
| Over 82.0% of the company shares are owned by institutional investors | |
| On 15th of November 2024 Kingfisher PLC paid 0.038 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Kingfisher PLC Announces Share Transfer by Board Chair - MSN |
Other Information on Investing in Kingfisher Stock
Kingfisher PLC financial ratios help investors to determine whether Kingfisher 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 Kingfisher with respect to the benefits of owning Kingfisher PLC security.