Oak Street Health Probability of Future Stock Price Finishing Over 38.84
| OSHDelisted Stock | USD 39.00 0.02 0.05% |
Oak |
Oak Street Target Price Odds to finish over 38.84
The tendency of Oak 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 above $ 38.84 in 90 days |
| 39.00 | 90 days | 38.84 | about 17.06 |
Based on a normal probability distribution, the odds of Oak Street to stay above $ 38.84 in 90 days from now is about 17.06 (This Oak Street Health probability density function shows the probability of Oak Stock to fall within a particular range of prices over 90 days) . Probability of Oak Street Health price to stay between $ 38.84 and its current price of $39.0 at the end of the 90-day period is about 1.19 .
Considering the 90-day investment horizon Oak Street has a beta of 0.17. This indicates as returns on the market go up, Oak Street average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oak Street Health will be expected to be much smaller as well. Additionally Oak Street Health has an alpha of 0.478, implying that it can generate a 0.48 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Oak Street Price Density |
| Price |
Predictive Modules for Oak Street
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oak Street Health. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oak Street's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Oak Street Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oak Street is not an exception. The market had few large corrections towards the Oak Street'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 Oak Street Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oak Street within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.48 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 3.33 | |
Ir | Information ratio | 0.1 |
Oak Street 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 Oak Street for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oak Street Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oak Street Health is not yet fully synchronised with the market data | |
| Oak Street Health has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 2.16 B. Reported Net Loss for the year was (509.7 M) with profit before taxes, overhead, and interest of 78.1 M. | |
| Oak Street Health has about 543.3 M in cash with (309.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.24. | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Heres Why Ensign Group is a Strong Value Stock |
Oak Street 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 Oak Stock often depends not only on the future outlook of the current and potential Oak Street'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. Oak Street's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 222.6 M | |
| Cash And Short Term Investments | 425.6 M |
Oak Street Technical Analysis
Oak Street's future price can be derived by breaking down and analyzing its technical indicators over time. Oak Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oak Street Health. In general, you should focus on analyzing Oak Stock price patterns and their correlations with different microeconomic environments and drivers.
Oak Street Predictive Forecast Models
Oak Street's time-series forecasting models is one of many Oak Street'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 Oak Street'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 Oak Street Health
Checking the ongoing alerts about Oak Street for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oak Street Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oak Street Health is not yet fully synchronised with the market data | |
| Oak Street Health has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 2.16 B. Reported Net Loss for the year was (509.7 M) with profit before taxes, overhead, and interest of 78.1 M. | |
| Oak Street Health has about 543.3 M in cash with (309.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.24. | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Heres Why Ensign Group is a Strong Value Stock |
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 state. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in Oak Stock
If you are still planning to invest in Oak Street Health 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 Oak Street's history and understand the potential risks before investing.
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