Optimi Health Corp Stock Probability of Future OTC Stock Price Finishing Under 0.17
| OPTHF Stock | USD 0.16 0.01 5.88% |
Optimi |
Optimi Health Target Price Odds to finish below 0.17
The tendency of Optimi 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 stay under $ 0.17 after 90 days |
| 0.16 | 90 days | 0.17 | about 49.88 |
Based on a normal probability distribution, the odds of Optimi Health to stay under $ 0.17 after 90 days from now is about 49.88 (This Optimi Health Corp probability density function shows the probability of Optimi OTC Stock to fall within a particular range of prices over 90 days) . Probability of Optimi Health Corp price to stay between its current price of $ 0.16 and $ 0.17 at the end of the 90-day period is about 17.16 .
Assuming the 90 days horizon the otc stock has the beta coefficient of 2.37 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Optimi Health will likely underperform. Additionally Optimi Health Corp 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. Optimi Health Price Density |
| Price |
Predictive Modules for Optimi Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Optimi Health Corp. 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.Optimi Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Optimi Health is not an exception. The market had few large corrections towards the Optimi Health'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 Optimi Health Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Optimi Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | 2.37 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.04 |
Optimi Health 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 Optimi Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Optimi Health Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Optimi Health Corp generated a negative expected return over the last 90 days | |
| Optimi Health Corp has high historical volatility and very poor performance | |
| Optimi Health Corp has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 80.72 K. Net Loss for the year was (7.35 M) with loss before overhead, payroll, taxes, and interest of (49.99 K). | |
| Optimi Health Corp has accumulated about 3.81 M in cash with (4.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 17.0% of the company outstanding shares are owned by corporate insiders |
Optimi Health 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 Optimi OTC Stock often depends not only on the future outlook of the current and potential Optimi Health'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. Optimi Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 80.9 M |
Optimi Health Technical Analysis
Optimi Health's future price can be derived by breaking down and analyzing its technical indicators over time. Optimi OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Optimi Health Corp. In general, you should focus on analyzing Optimi OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Optimi Health Predictive Forecast Models
Optimi Health's time-series forecasting models is one of many Optimi Health'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 Optimi Health'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 Optimi Health Corp
Checking the ongoing alerts about Optimi Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Optimi Health Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Optimi Health Corp generated a negative expected return over the last 90 days | |
| Optimi Health Corp has high historical volatility and very poor performance | |
| Optimi Health Corp has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 80.72 K. Net Loss for the year was (7.35 M) with loss before overhead, payroll, taxes, and interest of (49.99 K). | |
| Optimi Health Corp has accumulated about 3.81 M in cash with (4.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 17.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Optimi OTC Stock
Optimi Health financial ratios help investors to determine whether Optimi 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 Optimi with respect to the benefits of owning Optimi Health security.