Oceaneering International Stock Probability of Future Stock Price Finishing Under 27.09

OII Stock  USD 25.87  0.25  0.96%   
Oceaneering International's future price is the expected price of Oceaneering International instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Oceaneering International performance during a given time horizon utilizing its historical volatility. Check out Oceaneering International Backtesting, Oceaneering International Valuation, Oceaneering International Correlation, Oceaneering International Hype Analysis, Oceaneering International Volatility, Oceaneering International History as well as Oceaneering International Performance.
For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.
  
As of now, Oceaneering International's Price Cash Flow Ratio is decreasing as compared to previous years. The Oceaneering International's current Price Sales Ratio is estimated to increase to 0.99, while Price Book Value Ratio is projected to decrease to 2.02. Please specify Oceaneering International's target price for which you would like Oceaneering International odds to be computed.

Oceaneering International Target Price Odds to finish below 27.09

The tendency of Oceaneering 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 PriceHorizonTarget PriceOdds to stay under $ 27.09  after 90 days
 25.87 90 days 27.09 
about 64.45
Based on a normal probability distribution, the odds of Oceaneering International to stay under $ 27.09  after 90 days from now is about 64.45 (This Oceaneering International probability density function shows the probability of Oceaneering Stock to fall within a particular range of prices over 90 days) . Probability of Oceaneering International price to stay between its current price of $ 25.87  and $ 27.09  at the end of the 90-day period is about 24.89 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.83 . 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, Oceaneering International will likely underperform. Additionally Oceaneering International has an alpha of 0.0546, implying that it can generate a 0.0546 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Oceaneering International Price Density   
       Price  

Predictive Modules for Oceaneering International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oceaneering International. 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.
Hype
Prediction
LowEstimatedHigh
23.0125.9528.89
Details
Intrinsic
Valuation
LowRealHigh
23.0125.9528.89
Details
Naive
Forecast
LowNextHigh
21.0523.9926.92
Details
5 Analysts
Consensus
LowTargetHigh
23.2125.5028.31
Details

Oceaneering International Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Oceaneering International is not an exception. The market had few large corrections towards the Oceaneering International'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 Oceaneering International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oceaneering International within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.05
β
Beta against Dow Jones1.83
σ
Overall volatility
1.92
Ir
Information ratio 0.04

Oceaneering International 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 Oceaneering International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oceaneering International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 98.0% of the company shares are owned by institutional investors
Latest headline from gurufocus.com: Oceaneering International Stock Drops 5.10 percent Amid Sector Decline

Oceaneering International 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 Oceaneering Stock often depends not only on the future outlook of the current and potential Oceaneering International'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. Oceaneering International's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding102.2 M
Cash And Short Term Investments461.6 M

Oceaneering International Technical Analysis

Oceaneering International's future price can be derived by breaking down and analyzing its technical indicators over time. Oceaneering Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oceaneering International. In general, you should focus on analyzing Oceaneering Stock price patterns and their correlations with different microeconomic environments and drivers.

Oceaneering International Predictive Forecast Models

Oceaneering International's time-series forecasting models is one of many Oceaneering International'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 Oceaneering International'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 Oceaneering International

Checking the ongoing alerts about Oceaneering International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oceaneering International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 98.0% of the company shares are owned by institutional investors
Latest headline from gurufocus.com: Oceaneering International Stock Drops 5.10 percent Amid Sector Decline
When determining whether Oceaneering International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oceaneering International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceaneering International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceaneering International Stock:
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oceaneering International. If investors know Oceaneering will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oceaneering International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.379
Earnings Share
1.32
Revenue Per Share
25.723
Quarterly Revenue Growth
0.07
Return On Assets
0.0578
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oceaneering International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oceaneering International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.