Kewal Kiran (India) Probability of Future Stock Price Finishing Over 616.4
| KKCL Stock | 596.95 1.65 0.28% |
Kewal |
Kewal Kiran Target Price Odds to finish over 616.4
The tendency of Kewal 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 616.40 or more in 90 days |
| 596.95 | 90 days | 616.40 | about 73.14 |
Based on a normal probability distribution, the odds of Kewal Kiran to move over 616.40 or more in 90 days from now is about 73.14 (This Kewal Kiran Clothing probability density function shows the probability of Kewal Stock to fall within a particular range of prices over 90 days) . Probability of Kewal Kiran Clothing price to stay between its current price of 596.95 and 616.40 at the end of the 90-day period is about 19.79 .
Assuming the 90 days trading horizon Kewal Kiran Clothing has a beta of -0.13. This indicates as returns on the benchmark increase, returns on holding Kewal Kiran are expected to decrease at a much lower rate. During a bear market, however, Kewal Kiran Clothing is likely to outperform the market. Additionally Kewal Kiran Clothing 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. Kewal Kiran Price Density |
| Price |
Predictive Modules for Kewal Kiran
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kewal Kiran Clothing. 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.Kewal Kiran Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kewal Kiran is not an exception. The market had few large corrections towards the Kewal Kiran'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 Kewal Kiran Clothing, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kewal Kiran within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 22.79 | |
Ir | Information ratio | -0.14 |
Kewal Kiran 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 Kewal Kiran for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kewal Kiran Clothing can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kewal Kiran Clothing generated a negative expected return over the last 90 days | |
| Kewal Kiran Clothing is unlikely to experience financial distress in the next 2 years | |
| About 74.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Kewal Kiran Clothing Upgraded to Hold by MarketsMOJO Strong Management Efficiency and Financial Position - MarketsMojo |
Kewal Kiran 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 Kewal Stock often depends not only on the future outlook of the current and potential Kewal Kiran'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. Kewal Kiran's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 61.6 M | |
| Cash And Short Term Investments | 3.7 B |
Kewal Kiran Technical Analysis
Kewal Kiran's future price can be derived by breaking down and analyzing its technical indicators over time. Kewal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kewal Kiran Clothing. In general, you should focus on analyzing Kewal Stock price patterns and their correlations with different microeconomic environments and drivers.
Kewal Kiran Predictive Forecast Models
Kewal Kiran's time-series forecasting models is one of many Kewal Kiran'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 Kewal Kiran'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 Kewal Kiran Clothing
Checking the ongoing alerts about Kewal Kiran for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kewal Kiran Clothing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kewal Kiran Clothing generated a negative expected return over the last 90 days | |
| Kewal Kiran Clothing is unlikely to experience financial distress in the next 2 years | |
| About 74.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Kewal Kiran Clothing Upgraded to Hold by MarketsMOJO Strong Management Efficiency and Financial Position - MarketsMojo |
Additional Tools for Kewal Stock Analysis
When running Kewal Kiran's price analysis, check to measure Kewal Kiran'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 Kewal Kiran is operating at the current time. Most of Kewal Kiran's value examination focuses on studying past and present price action to predict the probability of Kewal Kiran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kewal Kiran's price. Additionally, you may evaluate how the addition of Kewal Kiran to your portfolios can decrease your overall portfolio volatility.