Oc Oerlikon Stock Probability of Future OTC Stock Price Finishing Over 8.93
| OERLF Stock | USD 3.70 0.00 0.00% |
OERLF |
OC Oerlikon Target Price Odds to finish over 8.93
The tendency of OERLF OTC 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 move over $ 8.93 or more in 90 days |
| 3.70 | 90 days | 8.93 | near 1 |
Based on a normal probability distribution, the odds of OC Oerlikon to move over $ 8.93 or more in 90 days from now is near 1 (This OC Oerlikon probability density function shows the probability of OERLF OTC Stock to fall within a particular range of prices over 90 days) . Probability of OC Oerlikon price to stay between its current price of $ 3.70 and $ 8.93 at the end of the 90-day period is about 92.4 .
Assuming the 90 days horizon OC Oerlikon has a beta of -0.77. This indicates as returns on the benchmark increase, returns on holding OC Oerlikon are expected to decrease at a much lower rate. During a bear market, however, OC Oerlikon is likely to outperform the market. Additionally OC Oerlikon 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. OC Oerlikon Price Density |
| Price |
Predictive Modules for OC Oerlikon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OC Oerlikon. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.OC Oerlikon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OC Oerlikon is not an exception. The market had few large corrections towards the OC Oerlikon'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 OC Oerlikon, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OC Oerlikon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | -0.77 | |
σ | Overall volatility | 0.97 | |
Ir | Information ratio | -0.12 |
OC Oerlikon 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 OC Oerlikon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OC Oerlikon can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OC Oerlikon generated a negative expected return over the last 90 days | |
| OC Oerlikon has high historical volatility and very poor performance | |
| About 43.0% of the company outstanding shares are owned by corporate insiders |
OC Oerlikon Technical Analysis
OC Oerlikon's future price can be derived by breaking down and analyzing its technical indicators over time. OERLF OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OC Oerlikon. In general, you should focus on analyzing OERLF OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
OC Oerlikon Predictive Forecast Models
OC Oerlikon's time-series forecasting models is one of many OC Oerlikon's otc 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 OC Oerlikon'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 otc stock market movement and maximize returns from investment trading.
Things to note about OC Oerlikon
Checking the ongoing alerts about OC Oerlikon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OC Oerlikon help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OC Oerlikon generated a negative expected return over the last 90 days | |
| OC Oerlikon has high historical volatility and very poor performance | |
| About 43.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in OERLF OTC Stock
OC Oerlikon financial ratios help investors to determine whether OERLF OTC 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 OERLF with respect to the benefits of owning OC Oerlikon security.