Knife River Stock Probability of Future Stock Price Finishing Under 102.81
| KNF Stock | 105.71 5.68 5.68% |
Knife |
Knife River Target Price Odds to finish below 102.81
The tendency of Knife 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 102.81 or more in 90 days |
| 105.71 | 90 days | 102.81 | about 85.98 |
Based on a normal probability distribution, the odds of Knife River to drop to 102.81 or more in 90 days from now is about 85.98 (This Knife River probability density function shows the probability of Knife Stock to fall within a particular range of prices over 90 days) . Probability of Knife River price to stay between 102.81 and its current price of 105.71 at the end of the 90-day period is about 8.03 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.87 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Knife River will likely underperform. Additionally Knife River has an alpha of 0.1944, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Knife River Price Density |
| Price |
Predictive Modules for Knife River
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Knife River. 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.Knife River Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Knife River is not an exception. The market had few large corrections towards the Knife River'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 Knife River, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Knife River within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 1.87 | |
σ | Overall volatility | 6.03 | |
Ir | Information ratio | 0.09 |
Knife River 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 Knife River for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Knife River can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Knife River has a frail financial position based on the latest SEC disclosures | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Knife River Enters Definitive Agreement to Acquire Strata Corporation |
Knife River 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 Knife Stock often depends not only on the future outlook of the current and potential Knife River'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. Knife River's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 56.7 M | |
| Cash And Short Term Investments | 262.3 M |
Knife River Technical Analysis
Knife River's future price can be derived by breaking down and analyzing its technical indicators over time. Knife Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Knife River. In general, you should focus on analyzing Knife Stock price patterns and their correlations with different microeconomic environments and drivers.
Knife River Predictive Forecast Models
Knife River's time-series forecasting models is one of many Knife River'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 Knife River'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 Knife River
Checking the ongoing alerts about Knife River for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Knife River help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Knife River has a frail financial position based on the latest SEC disclosures | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Knife River Enters Definitive Agreement to Acquire Strata Corporation |
Check out Knife River Backtesting, Knife River Valuation, Knife River Correlation, Knife River Hype Analysis, Knife River Volatility, Knife River History as well as Knife River Performance. For more detail on how to invest in Knife Stock please use our How to Invest in Knife River guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Diversified Metals & Mining 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 Knife River. If investors know Knife 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 Knife River 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 0.008 | Earnings Share 3.51 | Revenue Per Share 51.039 | Quarterly Revenue Growth 0.014 | Return On Assets 0.0726 |
The market value of Knife River is measured differently than its book value, which is the value of Knife that is recorded on the company's balance sheet. Investors also form their own opinion of Knife River's value that differs from its market value or its book value, called intrinsic value, which is Knife River's 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 Knife River's market value can be influenced by many factors that don't directly affect Knife River's 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 Knife River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knife River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knife River's 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.