Omnia Holdings (South Africa) Probability of Future Stock Price Finishing Under 6,017
| OMN Stock | 7,315 25.00 0.34% |
Omnia |
Omnia Holdings Target Price Odds to finish below 6,017
The tendency of Omnia 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 below current price in 90 days |
| 7,315 | 90 days | 7,315 | about 86.79 |
Based on a normal probability distribution, the odds of Omnia Holdings to move below current price in 90 days from now is about 86.79 (This Omnia Holdings Limited probability density function shows the probability of Omnia Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Omnia Holdings has a beta of 0.32. This indicates as returns on the market go up, Omnia Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Omnia Holdings Limited will be expected to be much smaller as well. Additionally Omnia Holdings Limited has an alpha of 0.2155, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Omnia Holdings Price Density |
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Predictive Modules for Omnia Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Omnia Holdings. 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.Omnia Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Omnia Holdings is not an exception. The market had few large corrections towards the Omnia Holdings' 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 Omnia Holdings Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Omnia Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 395.46 | |
Ir | Information ratio | 0.11 |
Omnia Holdings 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 Omnia Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Omnia Holdings 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 86.0% of the company shares are owned by institutional investors |
Omnia Holdings 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 Omnia Stock often depends not only on the future outlook of the current and potential Omnia Holdings' 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. Omnia Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 168 M | |
| Cash And Short Term Investments | 2.4 B |
Omnia Holdings Technical Analysis
Omnia Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Omnia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Omnia Holdings Limited. In general, you should focus on analyzing Omnia Stock price patterns and their correlations with different microeconomic environments and drivers.
Omnia Holdings Predictive Forecast Models
Omnia Holdings' time-series forecasting models is one of many Omnia Holdings' 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 Omnia Holdings' 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 Omnia Holdings
Checking the ongoing alerts about Omnia Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Omnia Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 86.0% of the company shares are owned by institutional investors |
Other Information on Investing in Omnia Stock
Omnia Holdings financial ratios help investors to determine whether Omnia Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Omnia with respect to the benefits of owning Omnia Holdings security.