Kimball Stock Probability of Future Stock Price Finishing Over 22.46

KE
 Stock
  

USD 22.46  0.47  2.05%   

Kimball Electronics' future price is the expected price of Kimball Electronics 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 Electronics performance during a given time horizon utilizing its historical volatility. The current year Price to Sales Ratio is expected to grow to 0.38, whereas Price to Book Value is forecasted to decline to 1.08.
  
Kimball Electronics' implied volatility is one of the determining factors in the pricing options written on Kimball Electronics. Implied volatility approximates the future value of Kimball Electronics based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Kimball Electronics over a specific time period. For example, 2022-12-16 CALL at $22.5 is a CALL option contract on Kimball Electronics' common stock with a strick price of 22.5 expiring on 2022-12-16. The contract was last traded on 2022-11-07 at 14:50:18 for $0.86 and, as of today, has 14 days remaining before the expiration. The option is currently trading at a bid price of $0.15, and an ask price of $2.0. The implied volatility as of the 2nd of December is 46.4139. View All Kimball options

Closest to current price Kimball long CALL Option Payoff at Expiration

Please see Kimball Electronics Backtesting, Kimball Electronics Valuation, Kimball Electronics Correlation, Kimball Electronics Hype Analysis, Kimball Electronics Volatility, Kimball Electronics History as well as Kimball Electronics Performance. Please specify Kimball Electronics time horizon, a valid symbol (red box) and a target price (blue box) you would like Kimball Electronics odds to be computed.

Kimball Electronics Target Price Odds to finish over 22.46

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 move above the current price in 90 days
 22.46 90 days 22.46 
about 11.19
Based on a normal probability distribution, the odds of Kimball Electronics to move above the current price in 90 days from now is about 11.19 (This Kimball Electronics probability density function shows the probability of Kimball Stock to fall within a particular range of prices over 90 days) .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.15 . This indicates Kimball Electronics market returns are highly-sensitive to returns on the market. As the market goes up or down, Kimball Electronics is expected to follow. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Kimball Electronics is significantly underperforming NYSE Composite.
   Kimball Electronics Price Density   
       Price  

Predictive Modules for Kimball Electronics

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 Electronics. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Kimball Electronics' 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. Please use the tools below to analyze the current value of Kimball Electronics in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
20.8923.0225.15
Details
Intrinsic
Valuation
LowReal ValueHigh
21.6723.8025.93
Details
Naive
Forecast
LowNext ValueHigh
20.3722.5024.64
Details
1 Analysts
Consensus
LowTarget PriceHigh
26.0026.0026.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kimball Electronics. Your research has to be compared to or analyzed against Kimball Electronics' peers to derive any actionable benefits. When done correctly, Kimball Electronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Kimball Electronics.

Kimball Electronics Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Kimball Electronics is not an exception. The market had few large corrections towards the Kimball Electronics' 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 Electronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kimball Electronics within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.02
β
Beta against NYSE Composite1.15
σ
Overall volatility
1.94
Ir
Information ratio -0.0019

Kimball Electronics 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 Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kimball Electronics 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 Electronics reports about 49.85 M in cash with (83.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.02.
Kimball Electronics has a poor financial position based on the latest SEC disclosures
Roughly 69.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Kimball Electronics Wins 2022 Service Excellence Awards in Seven Categories - Marketscreener.com

Kimball Electronics 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 Electronics' 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 Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding25284000.00
Cash And Short Term Investments49851000.00

Kimball Electronics Technical Analysis

Kimball Electronics' 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 Electronics. In general, you should focus on analyzing Kimball Stock price patterns and their correlations with different microeconomic environments and drivers.

Kimball Electronics Predictive Forecast Models

Kimball Electronics time-series forecasting models is one of many Kimball Electronics' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Kimball Electronics' 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 Electronics

Checking the ongoing alerts about Kimball Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kimball Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Kimball Electronics reports about 49.85 M in cash with (83.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.02.
Kimball Electronics has a poor financial position based on the latest SEC disclosures
Roughly 69.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Kimball Electronics Wins 2022 Service Excellence Awards in Seven Categories - Marketscreener.com
Please see Kimball Electronics Backtesting, Kimball Electronics Valuation, Kimball Electronics Correlation, Kimball Electronics Hype Analysis, Kimball Electronics Volatility, Kimball Electronics History as well as Kimball Electronics Performance. Note that the Kimball Electronics information on this page should be used as a complementary analysis to other Kimball Electronics' 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Kimball Stock analysis

When running Kimball Electronics price analysis, check to measure Kimball Electronics' 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 Kimball Electronics is operating at the current time. Most of Kimball Electronics' value examination focuses on studying past and present price action to predict the probability of Kimball Electronics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kimball Electronics' price. Additionally, you may evaluate how the addition of Kimball Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Kimball Electronics' industry 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 Kimball Electronics. If investors know Kimball 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 Kimball Electronics 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 YOY
2.8
Market Capitalization
570.6 M
Quarterly Revenue Growth YOY
0.39
Return On Assets
0.043
Return On Equity
0.0853
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' 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 Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' 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 Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine Kimball Electronics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' 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.