Oil States International Stock Probability of Future Stock Price Finishing Over 14.83
| OIS Stock | USD 4.59 0.02 0.44% |
Oil |
Oil States Target Price Odds to finish over 14.83
The tendency of Oil 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 move over $ 14.83 or more in 90 days |
| 4.59 | 90 days | 14.83 | close to zero percent |
Based on a normal probability distribution, the odds of Oil States to move over $ 14.83 or more in 90 days from now is close to zero percent (This Oil States International probability density function shows the probability of Oil Stock to fall within a particular range of prices over 90 days) . Probability of Oil States International price to stay between its current price of $ 4.59 and $ 14.83 at the end of the 90-day period is about 81.66 .
Considering the 90-day investment horizon Oil States has a beta of 0.95. This indicates Oil States International market returns are related to returns on the market. As the market goes up or down, Oil States is expected to follow. Additionally Oil States International 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. Oil States Price Density |
| Price |
Predictive Modules for Oil States
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oil States 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.Oil States Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oil States is not an exception. The market had few large corrections towards the Oil States' 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 Oil States International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oil States within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.95 | |
σ | Overall volatility | 0.41 | |
Ir | Information ratio | -0.03 |
Oil States 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 Oil States for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oil States 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.| Oil States generated a negative expected return over the last 90 days | |
| Oil States has high historical volatility and very poor performance | |
| Oil States has a strong financial position based on the latest SEC filings | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Oil States International, Inc.s Business Is Trailing The Industry But Its Shares Arent |
Oil States 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 Oil Stock often depends not only on the future outlook of the current and potential Oil States' 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. Oil States' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 63.2 M | |
| Cash And Short Term Investments | 47.1 M |
Oil States Technical Analysis
Oil States' future price can be derived by breaking down and analyzing its technical indicators over time. Oil Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oil States International. In general, you should focus on analyzing Oil Stock price patterns and their correlations with different microeconomic environments and drivers.
Oil States Predictive Forecast Models
Oil States' time-series forecasting models is one of many Oil States' 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 Oil States' 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 Oil States International
Checking the ongoing alerts about Oil States for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oil States International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oil States generated a negative expected return over the last 90 days | |
| Oil States has high historical volatility and very poor performance | |
| Oil States has a strong financial position based on the latest SEC filings | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Oil States International, Inc.s Business Is Trailing The Industry But Its Shares Arent |
Additional Tools for Oil Stock Analysis
When running Oil States' price analysis, check to measure Oil States' 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 Oil States is operating at the current time. Most of Oil States' value examination focuses on studying past and present price action to predict the probability of Oil States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil States' price. Additionally, you may evaluate how the addition of Oil States to your portfolios can decrease your overall portfolio volatility.