Ostin Technology Group Stock Probability of Future Stock Price Finishing Under 0.2
| OST Stock | USD 0.21 0.01 5.00% |
Ostin |
Ostin Technology Target Price Odds to finish below 0.2
The tendency of Ostin 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 drop to $ 0.20 or more in 90 days |
| 0.21 | 90 days | 0.20 | about 16.97 |
Based on a normal probability distribution, the odds of Ostin Technology to drop to $ 0.20 or more in 90 days from now is about 16.97 (This Ostin Technology Group probability density function shows the probability of Ostin Stock to fall within a particular range of prices over 90 days) . Probability of Ostin Technology price to stay between $ 0.20 and its current price of $0.21 at the end of the 90-day period is under 4.
Considering the 90-day investment horizon Ostin Technology has a beta of 0.37. This indicates as returns on the market go up, Ostin Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ostin Technology Group will be expected to be much smaller as well. Additionally Ostin Technology Group 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. Ostin Technology Price Density |
| Price |
Predictive Modules for Ostin Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ostin Technology. 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 Ostin Technology'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.
Ostin Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ostin Technology is not an exception. The market had few large corrections towards the Ostin Technology'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 Ostin Technology Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ostin Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.01 |
Ostin Technology 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 Ostin Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ostin Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ostin Technology generated a negative expected return over the last 90 days | |
| Ostin Technology has high historical volatility and very poor performance | |
| Ostin Technology has some characteristics of a very speculative penny stock | |
| Ostin Technology Group has 25.68 M in debt with debt to equity (D/E) ratio of 1.98, which is OK given its current industry classification. Ostin Technology has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ostin to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 57.53 M. Reported Net Loss for the year was (11.01 M) with profit before taxes, overhead, and interest of 12.61 M. | |
| Ostin Technology Group has about 3.53 M in cash with (2.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 53.0% of Ostin Technology outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Ostin Technology Group Announces Update to Effective Date of Reverse Share Split |
Ostin Technology 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 Ostin Stock often depends not only on the future outlook of the current and potential Ostin Technology'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. Ostin Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14 M | |
| Cash And Short Term Investments | 854.5 K |
Ostin Technology Technical Analysis
Ostin Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Ostin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ostin Technology Group. In general, you should focus on analyzing Ostin Stock price patterns and their correlations with different microeconomic environments and drivers.
Ostin Technology Predictive Forecast Models
Ostin Technology's time-series forecasting models is one of many Ostin Technology'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 Ostin Technology'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 Ostin Technology
Checking the ongoing alerts about Ostin Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ostin Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ostin Technology generated a negative expected return over the last 90 days | |
| Ostin Technology has high historical volatility and very poor performance | |
| Ostin Technology has some characteristics of a very speculative penny stock | |
| Ostin Technology Group has 25.68 M in debt with debt to equity (D/E) ratio of 1.98, which is OK given its current industry classification. Ostin Technology has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ostin to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 57.53 M. Reported Net Loss for the year was (11.01 M) with profit before taxes, overhead, and interest of 12.61 M. | |
| Ostin Technology Group has about 3.53 M in cash with (2.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 53.0% of Ostin Technology outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Ostin Technology Group Announces Update to Effective Date of Reverse Share Split |
Additional Tools for Ostin Stock Analysis
When running Ostin Technology's price analysis, check to measure Ostin Technology'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 Ostin Technology is operating at the current time. Most of Ostin Technology's value examination focuses on studying past and present price action to predict the probability of Ostin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ostin Technology's price. Additionally, you may evaluate how the addition of Ostin Technology to your portfolios can decrease your overall portfolio volatility.