OVERSEA CHINUNSPADR2 (Germany) Probability of Future Stock Price Finishing Under 11.95
| OCBB Stock | EUR 23.00 0.40 1.71% |
OVERSEA |
OVERSEA CHINUNSPADR2 Target Price Odds to finish below 11.95
The tendency of OVERSEA 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 drop to € 11.95 or more in 90 days |
| 23.00 | 90 days | 11.95 | near 1 |
Based on a normal probability distribution, the odds of OVERSEA CHINUNSPADR2 to drop to € 11.95 or more in 90 days from now is near 1 (This OVERSEA CHINUNSPADR2 probability density function shows the probability of OVERSEA Stock to fall within a particular range of prices over 90 days) . Probability of OVERSEA CHINUNSPADR2 price to stay between € 11.95 and its current price of €23.0 at the end of the 90-day period is about 85.69 .
Assuming the 90 days trading horizon OVERSEA CHINUNSPADR2 has a beta of 0.23. This indicates as returns on the market go up, OVERSEA CHINUNSPADR2 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding OVERSEA CHINUNSPADR2 will be expected to be much smaller as well. Additionally OVERSEA CHINUNSPADR2 has an alpha of 0.113, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OVERSEA CHINUNSPADR2 Price Density |
| Price |
Predictive Modules for OVERSEA CHINUNSPADR2
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OVERSEA CHINUNSPADR2. 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.OVERSEA CHINUNSPADR2 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OVERSEA CHINUNSPADR2 is not an exception. The market had few large corrections towards the OVERSEA CHINUNSPADR2'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 OVERSEA CHINUNSPADR2, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OVERSEA CHINUNSPADR2 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 1.03 | |
Ir | Information ratio | 0.1 |
OVERSEA CHINUNSPADR2 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 OVERSEA CHINUNSPADR2 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OVERSEA CHINUNSPADR2 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OVERSEA CHINUNSPADR2 has accumulated about 57.44 B in cash with (13.8 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 25.57, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
OVERSEA CHINUNSPADR2 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 OVERSEA Stock often depends not only on the future outlook of the current and potential OVERSEA CHINUNSPADR2'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. OVERSEA CHINUNSPADR2's indicators that are reflective of the short sentiment are summarized in the table below.
OVERSEA CHINUNSPADR2 Technical Analysis
OVERSEA CHINUNSPADR2's future price can be derived by breaking down and analyzing its technical indicators over time. OVERSEA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OVERSEA CHINUNSPADR2. In general, you should focus on analyzing OVERSEA Stock price patterns and their correlations with different microeconomic environments and drivers.
OVERSEA CHINUNSPADR2 Predictive Forecast Models
OVERSEA CHINUNSPADR2's time-series forecasting models is one of many OVERSEA CHINUNSPADR2'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 OVERSEA CHINUNSPADR2'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 OVERSEA CHINUNSPADR2
Checking the ongoing alerts about OVERSEA CHINUNSPADR2 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OVERSEA CHINUNSPADR2 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OVERSEA CHINUNSPADR2 has accumulated about 57.44 B in cash with (13.8 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 25.57, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in OVERSEA Stock
OVERSEA CHINUNSPADR2 financial ratios help investors to determine whether OVERSEA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in OVERSEA with respect to the benefits of owning OVERSEA CHINUNSPADR2 security.