Korn Ferry Stock Probability of Future Stock Price Finishing Under 43.38

KFY Stock  USD 65.76  0.18  0.27%   
Korn Ferry's implied volatility is one of the determining factors in the pricing options written on Korn Ferry. Implied volatility approximates the future value of Korn Ferry 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 Korn Ferry over a specific time period. For example, 2024-04-19 CALL at $65.0 is a CALL option contract on Korn Ferry's common stock with a strick price of 65.0 expiring on 2024-04-19. The contract was last traded on 2024-03-18 at 13:45:24 for $1.2 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.15, and an ask price of $3.8. The implied volatility as of the 28th of March is 29.58. View All Korn options

Closest to current price Korn long CALL Option Payoff at Expiration

Korn Ferry's future price is the expected price of Korn Ferry 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 Korn Ferry performance during a given time horizon utilizing its historical volatility. Check out Korn Ferry Backtesting, Korn Ferry Valuation, Korn Ferry Correlation, Korn Ferry Hype Analysis, Korn Ferry Volatility, Korn Ferry History as well as Korn Ferry Performance.
For more information on how to buy Korn Stock please use our How to Invest in Korn Ferry guide.
  
At this time, Korn Ferry's Price Earnings Ratio is fairly stable compared to the past year. Price To Sales Ratio is likely to rise to 0.95 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.32) in 2024. Please specify Korn Ferry's target price for which you would like Korn Ferry odds to be computed.

Korn Ferry Target Price Odds to finish below 43.38

The tendency of Korn 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 drop to $ 43.38  or more in 90 days
 65.76 90 days 43.38 
near 1
Based on a normal probability distribution, the odds of Korn Ferry to drop to $ 43.38  or more in 90 days from now is near 1 (This Korn Ferry probability density function shows the probability of Korn Stock to fall within a particular range of prices over 90 days) . Probability of Korn Ferry price to stay between $ 43.38  and its current price of $65.76 at the end of the 90-day period is roughly 97.0 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.56 . 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, Korn Ferry will likely underperform. Additionally Korn Ferry has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Korn Ferry Price Density   
       Price  

Predictive Modules for Korn Ferry

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Korn Ferry. 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 Korn Ferry'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
64.3865.9167.44
Details
Intrinsic
Valuation
LowRealHigh
53.7555.2872.53
Details
Naive
Forecast
LowNextHigh
62.3063.8265.35
Details
5 Analysts
Consensus
LowTargetHigh
52.3357.5063.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Korn Ferry. Your research has to be compared to or analyzed against Korn Ferry's peers to derive any actionable benefits. When done correctly, Korn Ferry'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 Korn Ferry.

Korn Ferry Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Korn Ferry is not an exception. The market had few large corrections towards the Korn Ferry'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 Korn Ferry, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Korn Ferry within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.0088
β
Beta against NYSE Composite1.56
σ
Overall volatility
3.23
Ir
Information ratio 0.04

Korn Ferry 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 Korn Ferry for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Korn Ferry can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Korn Ferry is unlikely to experience financial distress in the next 2 years
Over 97.0% of the company shares are owned by institutional investors
Latest headline from zacks.com: Best Momentum Stocks to Buy for March 27th

Korn Ferry 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 Korn Stock often depends not only on the future outlook of the current and potential Korn Ferry'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. Korn Ferry's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding51.9 M
Cash And Short Term Investments888.9 M

Korn Ferry Technical Analysis

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

Korn Ferry Predictive Forecast Models

Korn Ferry's time-series forecasting models is one of many Korn Ferry'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 Korn Ferry'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 Korn Ferry

Checking the ongoing alerts about Korn Ferry for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Korn Ferry help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Korn Ferry is unlikely to experience financial distress in the next 2 years
Over 97.0% of the company shares are owned by institutional investors
Latest headline from zacks.com: Best Momentum Stocks to Buy for March 27th
When determining whether Korn Ferry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Korn Ferry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Korn Ferry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Korn Ferry Stock:
Check out Korn Ferry Backtesting, Korn Ferry Valuation, Korn Ferry Correlation, Korn Ferry Hype Analysis, Korn Ferry Volatility, Korn Ferry History as well as Korn Ferry Performance.
For more information on how to buy Korn Stock please use our How to Invest in Korn Ferry guide.
Note that the Korn Ferry information on this page should be used as a complementary analysis to other Korn Ferry'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Korn Ferry's price analysis, check to measure Korn Ferry's 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 Korn Ferry is operating at the current time. Most of Korn Ferry's value examination focuses on studying past and present price action to predict the probability of Korn Ferry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korn Ferry's price. Additionally, you may evaluate how the addition of Korn Ferry to your portfolios can decrease your overall portfolio volatility.
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Is Korn Ferry's 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 Korn Ferry. If investors know Korn 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 Korn Ferry 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
4.288
Dividend Share
0.84
Earnings Share
2.89
Revenue Per Share
54.849
Quarterly Revenue Growth
(0.02)
The market value of Korn Ferry is measured differently than its book value, which is the value of Korn that is recorded on the company's balance sheet. Investors also form their own opinion of Korn Ferry's value that differs from its market value or its book value, called intrinsic value, which is Korn Ferry'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 Korn Ferry's market value can be influenced by many factors that don't directly affect Korn Ferry'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 Korn Ferry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Korn Ferry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Korn Ferry'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.