Kaman Chance of Future Stock Price Finishing Over 38.83
| KAMNDelisted Stock | USD 45.99 0.11 0.24% |
Kaman |
Kaman Target Price Odds to finish over 38.83
The tendency of Kaman 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 $ 38.83 in 90 days |
| 45.99 | 90 days | 38.83 | about 87.08 |
Based on a normal probability distribution, the odds of Kaman to stay above $ 38.83 in 90 days from now is about 87.08 (This Kaman probability density function shows the probability of Kaman Stock to fall within a particular range of prices over 90 days) . Probability of Kaman price to stay between $ 38.83 and its current price of $45.99 at the end of the 90-day period is about 49.93 .
Given the investment horizon of 90 days Kaman has a beta of -2.56. This indicates as returns on its benchmark rise, returns on holding Kaman are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Kaman is expected to outperform its benchmark. Moreover Kaman has an alpha of 1.7511, implying that it can generate a 1.75 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Kaman Price Density |
| Price |
Predictive Modules for Kaman
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kaman. 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 Kaman'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.
Kaman Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kaman is not an exception. The market had few large corrections towards the Kaman'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 Kaman, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kaman within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.75 | |
β | Beta against NYSE Composite | -2.56 | |
σ | Overall volatility | 4.91 | |
Ir | Information ratio | 0.12 |
Kaman 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 Kaman for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kaman can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kaman is not yet fully synchronised with the market data | |
| Kaman has a very high chance of going through financial distress in the upcoming years | |
| Over 89.0% of the company shares are owned by institutional investors | |
| On 11th of April 2024 Kaman paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 815 shares by Matthew Petterson of Kaman subject to Rule 16b-3 |
Kaman 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 Kaman Stock often depends not only on the future outlook of the current and potential Kaman'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. Kaman's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.3 M | |
| Cash And Short Term Investments | 35.2 M |
Kaman Technical Analysis
Kaman's future price can be derived by breaking down and analyzing its technical indicators over time. Kaman Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kaman. In general, you should focus on analyzing Kaman Stock price patterns and their correlations with different microeconomic environments and drivers.
Kaman Predictive Forecast Models
Kaman's time-series forecasting models is one of many Kaman'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 Kaman'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 Kaman
Checking the ongoing alerts about Kaman for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kaman help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kaman is not yet fully synchronised with the market data | |
| Kaman has a very high chance of going through financial distress in the upcoming years | |
| Over 89.0% of the company shares are owned by institutional investors | |
| On 11th of April 2024 Kaman paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 815 shares by Matthew Petterson of Kaman subject to Rule 16b-3 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Kaman Stock
If you are still planning to invest in Kaman check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kaman's history and understand the potential risks before investing.
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