Oneconnect Financial Technology Stock Probability of Future Stock Price Finishing Over 1.42
| OCFT Stock | USD 2.58 0.29 10.10% |
Oneconnect |
Oneconnect Financial Target Price Odds to finish over 1.42
The tendency of Oneconnect 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 $ 1.42 in 90 days |
| 2.58 | 90 days | 1.42 | about 98.0 |
Based on a normal probability distribution, the odds of Oneconnect Financial to stay above $ 1.42 in 90 days from now is about 98.0 (This Oneconnect Financial Technology probability density function shows the probability of Oneconnect Stock to fall within a particular range of prices over 90 days) . Probability of Oneconnect Financial price to stay between $ 1.42 and its current price of $2.58 at the end of the 90-day period is about 56.91 .
Given the investment horizon of 90 days Oneconnect Financial has a beta of 0.76. This indicates as returns on the market go up, Oneconnect Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oneconnect Financial Technology will be expected to be much smaller as well. Moreover Oneconnect Financial Technology has an alpha of 1.8562, implying that it can generate a 1.86 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Oneconnect Financial Price Density |
| Price |
Predictive Modules for Oneconnect Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oneconnect Financial. 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.Oneconnect Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oneconnect Financial is not an exception. The market had few large corrections towards the Oneconnect Financial'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 Oneconnect Financial Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oneconnect Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.86 | |
β | Beta against Dow Jones | 0.76 | |
σ | Overall volatility | 0.50 | |
Ir | Information ratio | 0.15 |
Oneconnect Financial 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 Oneconnect Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oneconnect Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oneconnect Financial is way too risky over 90 days horizon | |
| Oneconnect Financial appears to be risky and price may revert if volatility continues | |
| Oneconnect Financial has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 3.67 B. Net Loss for the year was (362.71 M) with profit before overhead, payroll, taxes, and interest of 1.64 B. | |
| Oneconnect Financial Technology currently holds about 3.33 B in cash with (648.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.55, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Oneconnect Financial has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: OneConnect announces EGM outcomes - Investing.com |
Oneconnect Financial 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 Oneconnect Stock often depends not only on the future outlook of the current and potential Oneconnect Financial'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. Oneconnect Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Cash And Short Term Investments | 3.2 B |
Oneconnect Financial Technical Analysis
Oneconnect Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Oneconnect Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oneconnect Financial Technology. In general, you should focus on analyzing Oneconnect Stock price patterns and their correlations with different microeconomic environments and drivers.
Oneconnect Financial Predictive Forecast Models
Oneconnect Financial's time-series forecasting models is one of many Oneconnect Financial'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 Oneconnect Financial'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 Oneconnect Financial
Checking the ongoing alerts about Oneconnect Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oneconnect Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oneconnect Financial is way too risky over 90 days horizon | |
| Oneconnect Financial appears to be risky and price may revert if volatility continues | |
| Oneconnect Financial has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 3.67 B. Net Loss for the year was (362.71 M) with profit before overhead, payroll, taxes, and interest of 1.64 B. | |
| Oneconnect Financial Technology currently holds about 3.33 B in cash with (648.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.55, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Oneconnect Financial has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: OneConnect announces EGM outcomes - Investing.com |
Additional Tools for Oneconnect Stock Analysis
When running Oneconnect Financial's price analysis, check to measure Oneconnect Financial'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 Oneconnect Financial is operating at the current time. Most of Oneconnect Financial's value examination focuses on studying past and present price action to predict the probability of Oneconnect Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneconnect Financial's price. Additionally, you may evaluate how the addition of Oneconnect Financial to your portfolios can decrease your overall portfolio volatility.