Opus One Resources Stock Odds of Future Stock Price Finishing Over 34.70
| OOR Stock | CAD 0.04 0.01 10.00% |
Opus |
Opus One Target Price Odds to finish over 34.70
The tendency of Opus 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 C$ 34.70 or more in 90 days |
| 0.04 | 90 days | 34.70 | close to zero percent |
Based on a normal probability distribution, the odds of Opus One to move over C$ 34.70 or more in 90 days from now is close to zero percent (This Opus One Resources probability density function shows the probability of Opus Stock to fall within a particular range of prices over 90 days) . Probability of Opus One Resources price to stay between its current price of C$ 0.04 and C$ 34.70 at the end of the 90-day period is about 86.02 .
Assuming the 90 days horizon Opus One Resources has a beta of -2.58. This indicates as returns on its benchmark rise, returns on holding Opus One Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Opus One is expected to outperform its benchmark. Additionally Opus One Resources has an alpha of 0.8553, implying that it can generate a 0.86 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Opus One Price Density |
| Price |
Predictive Modules for Opus One
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Opus One Resources. 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.Opus One Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Opus One is not an exception. The market had few large corrections towards the Opus One'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 Opus One Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Opus One within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.86 | |
β | Beta against Dow Jones | -2.58 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.06 |
Opus One 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 Opus One for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Opus One Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Opus One Resources is way too risky over 90 days horizon | |
| Opus One Resources has some characteristics of a very speculative penny stock | |
| Opus One Resources appears to be risky and price may revert if volatility continues | |
| Opus One Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.52 M) with loss before overhead, payroll, taxes, and interest of (3.5 K). | |
| Opus One Resources has accumulated about 66.77 K in cash with (265.67 K) of positive cash flow from operations. |
Opus One 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 Opus Stock often depends not only on the future outlook of the current and potential Opus One'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. Opus One's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 157.7 M |
Opus One Technical Analysis
Opus One's future price can be derived by breaking down and analyzing its technical indicators over time. Opus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Opus One Resources. In general, you should focus on analyzing Opus Stock price patterns and their correlations with different microeconomic environments and drivers.
Opus One Predictive Forecast Models
Opus One's time-series forecasting models is one of many Opus One'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 Opus One'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 Opus One Resources
Checking the ongoing alerts about Opus One for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Opus One Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Opus One Resources is way too risky over 90 days horizon | |
| Opus One Resources has some characteristics of a very speculative penny stock | |
| Opus One Resources appears to be risky and price may revert if volatility continues | |
| Opus One Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.52 M) with loss before overhead, payroll, taxes, and interest of (3.5 K). | |
| Opus One Resources has accumulated about 66.77 K in cash with (265.67 K) of positive cash flow from operations. |
Additional Tools for Opus Stock Analysis
When running Opus One's price analysis, check to measure Opus One's 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 Opus One is operating at the current time. Most of Opus One's value examination focuses on studying past and present price action to predict the probability of Opus One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opus One's price. Additionally, you may evaluate how the addition of Opus One to your portfolios can decrease your overall portfolio volatility.