Okeanis Eco Tankers Probability of Future Pink Sheet Price Finishing Under 22.55
| OKENFDelisted Stock | USD 22.55 0.00 0.00% |
Okeanis |
Okeanis Eco Target Price Odds to finish below 22.55
The tendency of Okeanis Pink Sheet 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 below current price in 90 days |
| 22.55 | 90 days | 22.55 | about 91.09 |
Based on a normal probability distribution, the odds of Okeanis Eco to move below current price in 90 days from now is about 91.09 (This Okeanis Eco Tankers probability density function shows the probability of Okeanis Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Okeanis Eco Tankers has a beta of -0.37. This indicates as returns on the benchmark increase, returns on holding Okeanis Eco are expected to decrease at a much lower rate. During a bear market, however, Okeanis Eco Tankers is likely to outperform the market. Additionally Okeanis Eco Tankers has an alpha of 0.1671, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Okeanis Eco Price Density |
| Price |
Predictive Modules for Okeanis Eco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Okeanis Eco Tankers. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Okeanis Eco Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Okeanis Eco is not an exception. The market had few large corrections towards the Okeanis Eco'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 Okeanis Eco Tankers, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Okeanis Eco within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.37 | |
σ | Overall volatility | 1.54 | |
Ir | Information ratio | 0.02 |
Okeanis Eco 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 Okeanis Eco for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Okeanis Eco Tankers can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Okeanis Eco Tankers is not yet fully synchronised with the market data | |
| Okeanis Eco Tankers has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 169 M. Net Loss for the year was (902.9 K) with profit before overhead, payroll, taxes, and interest of 83.3 M. | |
| About 68.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Dot Ai Unveils ZiM, a Next-Gen IoT Tracking Technology |
Okeanis Eco 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 Okeanis Pink Sheet often depends not only on the future outlook of the current and potential Okeanis Eco'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. Okeanis Eco's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.3 M | |
| Dividends Paid | 3.2 M | |
| Short Long Term Debt | 42.2 M |
Okeanis Eco Technical Analysis
Okeanis Eco's future price can be derived by breaking down and analyzing its technical indicators over time. Okeanis Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Okeanis Eco Tankers. In general, you should focus on analyzing Okeanis Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Okeanis Eco Predictive Forecast Models
Okeanis Eco's time-series forecasting models is one of many Okeanis Eco's pink sheet 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 Okeanis Eco'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Okeanis Eco Tankers
Checking the ongoing alerts about Okeanis Eco for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Okeanis Eco Tankers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Okeanis Eco Tankers is not yet fully synchronised with the market data | |
| Okeanis Eco Tankers has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 169 M. Net Loss for the year was (902.9 K) with profit before overhead, payroll, taxes, and interest of 83.3 M. | |
| About 68.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Dot Ai Unveils ZiM, a Next-Gen IoT Tracking Technology |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Okeanis Pink Sheet
If you are still planning to invest in Okeanis Eco Tankers check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Okeanis Eco's history and understand the potential risks before investing.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Commodity Directory Find actively traded commodities issued by global exchanges |