Kimball International Probability of Future Stock Price Finishing Under 16.23

KBALDelisted Stock  USD 12.30  0.00  0.00%   
Kimball International's future price is the expected price of Kimball International instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Kimball International performance during a given time horizon utilizing its historical volatility. 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 nation.
  
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Kimball International Target Price Odds to finish below 16.23

The tendency of Kimball 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 PriceHorizonTarget PriceOdds to stay under $ 16.23  after 90 days
 12.30 90 days 16.23 
close to 99
Based on a normal probability distribution, the odds of Kimball International to stay under $ 16.23  after 90 days from now is close to 99 (This Kimball International probability density function shows the probability of Kimball Stock to fall within a particular range of prices over 90 days) . Probability of Kimball International price to stay between its current price of $ 12.30  and $ 16.23  at the end of the 90-day period is about 43.92 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.7 . 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, Kimball International will likely underperform. Moreover Kimball International has an alpha of 1.0558, implying that it can generate a 1.06 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Kimball International Price Density   
       Price  

Predictive Modules for Kimball International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kimball International. 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 Kimball International'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.
Hype
Prediction
LowEstimatedHigh
12.3012.3012.30
Details
Intrinsic
Valuation
LowRealHigh
10.4710.4713.53
Details
Naive
Forecast
LowNextHigh
12.1912.1912.19
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.3012.3012.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kimball International. Your research has to be compared to or analyzed against Kimball International's peers to derive any actionable benefits. When done correctly, Kimball International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Kimball International.

Kimball International Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Kimball International is not an exception. The market had few large corrections towards the Kimball International'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 Kimball International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kimball International within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
1.06
β
Beta against NYSE Composite1.70
σ
Overall volatility
0.98
Ir
Information ratio 0.11

Kimball International 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 Kimball International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kimball International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Kimball International is not yet fully synchronised with the market data
Kimball International has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 665.88 M. Net Loss for the year was (15.71 M) with profit before overhead, payroll, taxes, and interest of 210.02 M.
Kimball International currently holds about 11.79 M in cash with (4.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32.
Roughly 68.0% of the company shares are owned by institutional investors

Kimball International 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 Kimball Stock often depends not only on the future outlook of the current and potential Kimball International'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. Kimball International's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding36.8 M
Cash And Short Term Investments10.9 M

Kimball International Technical Analysis

Kimball International's future price can be derived by breaking down and analyzing its technical indicators over time. Kimball Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kimball International. In general, you should focus on analyzing Kimball Stock price patterns and their correlations with different microeconomic environments and drivers.

Kimball International Predictive Forecast Models

Kimball International's time-series forecasting models is one of many Kimball International'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 Kimball International'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 Kimball International

Checking the ongoing alerts about Kimball International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kimball International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Kimball International is not yet fully synchronised with the market data
Kimball International has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 665.88 M. Net Loss for the year was (15.71 M) with profit before overhead, payroll, taxes, and interest of 210.02 M.
Kimball International currently holds about 11.79 M in cash with (4.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32.
Roughly 68.0% of the company shares are owned by institutional investors
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 nation.
Note that the Kimball International information on this page should be used as a complementary analysis to other Kimball International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Other Consideration for investing in Kimball Stock

If you are still planning to invest in Kimball International 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 Kimball International's history and understand the potential risks before investing.
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