Kenon Holdings (Israel) Probability of Future Stock Price Finishing Over 8270.00
| KEN Stock | 8,270 44.00 0.53% |
Kenon |
Kenon Holdings Target Price Odds to finish over 8270.00
The tendency of Kenon 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 above the current price in 90 days |
| 8,270 | 90 days | 8,270 | about 84.04 |
Based on a normal probability distribution, the odds of Kenon Holdings to move above the current price in 90 days from now is about 84.04 (This Kenon Holdings probability density function shows the probability of Kenon Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.03 . This indicates Kenon Holdings market returns are sensitive to returns on the market. As the market goes up or down, Kenon Holdings is expected to follow. Additionally Kenon Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Kenon Holdings Price Density |
| Price |
Predictive Modules for Kenon Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kenon Holdings. 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 Kenon Holdings' 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.
Kenon Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kenon Holdings is not an exception. The market had few large corrections towards the Kenon Holdings' 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 Kenon Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kenon Holdings within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.11 | |
β | Beta against NYSE Composite | 1.03 | |
σ | Overall volatility | 428.51 | |
Ir | Information ratio | -0.04 |
Kenon Holdings 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 Kenon Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kenon Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kenon Holdings generated a negative expected return over the last 90 days | |
| Kenon Holdings has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Kenon Holdings 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 Kenon Stock often depends not only on the future outlook of the current and potential Kenon Holdings' 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. Kenon Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 53.9 M |
Kenon Holdings Technical Analysis
Kenon Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Kenon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kenon Holdings. In general, you should focus on analyzing Kenon Stock price patterns and their correlations with different microeconomic environments and drivers.
Kenon Holdings Predictive Forecast Models
Kenon Holdings' time-series forecasting models is one of many Kenon Holdings' 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 Kenon Holdings' 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 Kenon Holdings
Checking the ongoing alerts about Kenon Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kenon Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kenon Holdings generated a negative expected return over the last 90 days | |
| Kenon Holdings has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Check out Kenon Holdings Backtesting, Kenon Holdings Valuation, Kenon Holdings Correlation, Kenon Holdings Hype Analysis, Kenon Holdings Volatility, Kenon Holdings History as well as Kenon Holdings Performance. For information on how to trade Kenon Stock refer to our How to Trade Kenon Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Kenon Stock analysis
When running Kenon Holdings' price analysis, check to measure Kenon Holdings' 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 Kenon Holdings is operating at the current time. Most of Kenon Holdings' value examination focuses on studying past and present price action to predict the probability of Kenon Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kenon Holdings' price. Additionally, you may evaluate how the addition of Kenon Holdings to your portfolios can decrease your overall portfolio volatility.
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