Know Labs Stock Probability of Future Stock Price Finishing Over 0.16
| KNW Stock | USD 0.20 0.01 5.26% |
Know |
Know Labs Target Price Odds to finish over 0.16
The tendency of Know 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 $ 0.16 in 90 days |
| 0.20 | 90 days | 0.16 | close to 99 |
Based on a normal probability distribution, the odds of Know Labs to stay above $ 0.16 in 90 days from now is close to 99 (This Know Labs probability density function shows the probability of Know Stock to fall within a particular range of prices over 90 days) . Probability of Know Labs price to stay between $ 0.16 and its current price of $0.2 at the end of the 90-day period is roughly 2.14 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.59 . 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, Know Labs will likely underperform. Additionally Know Labs has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Know Labs Price Density |
| Price |
Predictive Modules for Know Labs
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Know Labs. 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 Know Labs' 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.
Know Labs Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Know Labs is not an exception. The market had few large corrections towards the Know Labs' 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 Know Labs, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Know Labs within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.06 | |
β | Beta against Dow Jones | 1.59 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.19 |
Know Labs 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 Know Labs for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Know Labs can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Know Labs generated a negative expected return over the last 90 days | |
| Know Labs has high historical volatility and very poor performance | |
| Know Labs has some characteristics of a very speculative penny stock | |
| Know Labs has a very high chance of going through financial distress in the upcoming years | |
| Reported Net Loss for the year was (15.29 M) with profit before taxes, overhead, and interest of 4.36 M. | |
| Know Labs has about 12.59 M in cash with (10.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19. | |
| Know Labs has a frail financial position based on the latest SEC disclosures | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Know Labs faces NYSE American non-compliance notice - Investing.com |
Know Labs 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 Know Stock often depends not only on the future outlook of the current and potential Know Labs' 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. Know Labs' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 49.6 M | |
| Cash And Short Term Investments | 8 M |
Know Labs Technical Analysis
Know Labs' future price can be derived by breaking down and analyzing its technical indicators over time. Know Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Know Labs. In general, you should focus on analyzing Know Stock price patterns and their correlations with different microeconomic environments and drivers.
Know Labs Predictive Forecast Models
Know Labs' time-series forecasting models is one of many Know Labs' 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 Know Labs' 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 Know Labs
Checking the ongoing alerts about Know Labs for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Know Labs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Know Labs generated a negative expected return over the last 90 days | |
| Know Labs has high historical volatility and very poor performance | |
| Know Labs has some characteristics of a very speculative penny stock | |
| Know Labs has a very high chance of going through financial distress in the upcoming years | |
| Reported Net Loss for the year was (15.29 M) with profit before taxes, overhead, and interest of 4.36 M. | |
| Know Labs has about 12.59 M in cash with (10.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19. | |
| Know Labs has a frail financial position based on the latest SEC disclosures | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Know Labs faces NYSE American non-compliance notice - Investing.com |
Additional Tools for Know Stock Analysis
When running Know Labs' price analysis, check to measure Know Labs' 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 Know Labs is operating at the current time. Most of Know Labs' value examination focuses on studying past and present price action to predict the probability of Know Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Know Labs' price. Additionally, you may evaluate how the addition of Know Labs to your portfolios can decrease your overall portfolio volatility.