Oma Saastopankki (Finland) Probability of Future Stock Price Finishing Under 10.42
| OMASP Stock | 10.42 0.20 1.88% |
Oma |
Oma Saastopankki Target Price Odds to finish below 10.42
The tendency of Oma 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 below current price in 90 days |
| 10.42 | 90 days | 10.42 | about 6.59 |
Based on a normal probability distribution, the odds of Oma Saastopankki to move below current price in 90 days from now is about 6.59 (This Oma Saastopankki Oyj probability density function shows the probability of Oma Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Oma Saastopankki Oyj has a beta of -0.19. This indicates as returns on the benchmark increase, returns on holding Oma Saastopankki are expected to decrease at a much lower rate. During a bear market, however, Oma Saastopankki Oyj is likely to outperform the market. Additionally Oma Saastopankki Oyj 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. Oma Saastopankki Price Density |
| Price |
Predictive Modules for Oma Saastopankki
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oma Saastopankki Oyj. 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.Oma Saastopankki Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oma Saastopankki is not an exception. The market had few large corrections towards the Oma Saastopankki'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 Oma Saastopankki Oyj, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oma Saastopankki within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 1.33 | |
Ir | Information ratio | -0.19 |
Oma Saastopankki 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 Oma Saastopankki for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oma Saastopankki Oyj can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oma Saastopankki Oyj generated a negative expected return over the last 90 days | |
| Oma Saastopankki generates negative cash flow from operations | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
Oma Saastopankki 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 Oma Stock often depends not only on the future outlook of the current and potential Oma Saastopankki'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. Oma Saastopankki's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30 M |
Oma Saastopankki Technical Analysis
Oma Saastopankki's future price can be derived by breaking down and analyzing its technical indicators over time. Oma Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oma Saastopankki Oyj. In general, you should focus on analyzing Oma Stock price patterns and their correlations with different microeconomic environments and drivers.
Oma Saastopankki Predictive Forecast Models
Oma Saastopankki's time-series forecasting models is one of many Oma Saastopankki'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 Oma Saastopankki'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 Oma Saastopankki Oyj
Checking the ongoing alerts about Oma Saastopankki for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oma Saastopankki Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oma Saastopankki Oyj generated a negative expected return over the last 90 days | |
| Oma Saastopankki generates negative cash flow from operations | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Oma Stock
Oma Saastopankki financial ratios help investors to determine whether Oma 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 Oma with respect to the benefits of owning Oma Saastopankki security.