Omesti Bhd (Malaysia) Probability of Future Stock Price Finishing Over 0.13
| 9008 Stock | 0.14 0.01 6.67% |
Omesti |
Omesti Bhd Target Price Odds to finish over 0.13
The tendency of Omesti 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 0.13 in 90 days |
| 0.14 | 90 days | 0.13 | about 16.03 |
Based on a normal probability distribution, the odds of Omesti Bhd to stay above 0.13 in 90 days from now is about 16.03 (This Omesti Bhd probability density function shows the probability of Omesti Stock to fall within a particular range of prices over 90 days) . Probability of Omesti Bhd price to stay between 0.13 and its current price of 0.14 at the end of the 90-day period is about 6.76 .
Assuming the 90 days trading horizon Omesti Bhd has a beta of -0.28. This suggests as returns on the benchmark increase, returns on holding Omesti Bhd are expected to decrease at a much lower rate. During a bear market, however, Omesti Bhd is likely to outperform the market. Additionally Omesti Bhd has an alpha of 0.3702, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Omesti Bhd Price Density |
| Price |
Predictive Modules for Omesti Bhd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Omesti Bhd. 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.Omesti Bhd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Omesti Bhd is not an exception. The market had few large corrections towards the Omesti Bhd'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 Omesti Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Omesti Bhd within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.04 |
Omesti Bhd 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 Omesti Bhd for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Omesti Bhd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Omesti Bhd had very high historical volatility over the last 90 days | |
| Omesti Bhd has some characteristics of a very speculative penny stock |
Omesti Bhd Technical Analysis
Omesti Bhd's future price can be derived by breaking down and analyzing its technical indicators over time. Omesti Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Omesti Bhd. In general, you should focus on analyzing Omesti Stock price patterns and their correlations with different microeconomic environments and drivers.
Omesti Bhd Predictive Forecast Models
Omesti Bhd's time-series forecasting models is one of many Omesti Bhd'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 Omesti Bhd'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 Omesti Bhd
Checking the ongoing alerts about Omesti Bhd for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Omesti Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Omesti Bhd had very high historical volatility over the last 90 days | |
| Omesti Bhd has some characteristics of a very speculative penny stock |