Onfolio Holdings Stock Probability of Future Stock Price Finishing Over 1.03
| ONFO Stock | USD 1.32 0.06 4.35% |
Onfolio |
Onfolio Holdings Target Price Odds to finish over 1.03
The tendency of Onfolio 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 $ 1.03 in 90 days |
| 1.32 | 90 days | 1.03 | about 87.49 |
Based on a normal probability distribution, the odds of Onfolio Holdings to stay above $ 1.03 in 90 days from now is about 87.49 (This Onfolio Holdings probability density function shows the probability of Onfolio Stock to fall within a particular range of prices over 90 days) . Probability of Onfolio Holdings price to stay between $ 1.03 and its current price of $1.32 at the end of the 90-day period is about 49.28 .
Given the investment horizon of 90 days Onfolio Holdings has a beta of -0.35. This indicates as returns on the benchmark increase, returns on holding Onfolio Holdings are expected to decrease at a much lower rate. During a bear market, however, Onfolio Holdings is likely to outperform the market. Additionally Onfolio Holdings has an alpha of 0.5407, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Onfolio Holdings Price Density |
| Price |
Predictive Modules for Onfolio 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 Onfolio 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.Onfolio Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Onfolio Holdings is not an exception. The market had few large corrections towards the Onfolio 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 Onfolio Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Onfolio Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | 0.08 |
Onfolio 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 Onfolio Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Onfolio 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.| Onfolio Holdings is way too risky over 90 days horizon | |
| Onfolio Holdings may become a speculative penny stock | |
| Onfolio Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 5.24 M. Net Loss for the year was (8.14 M) with profit before overhead, payroll, taxes, and interest of 735.03 K. | |
| Onfolio Holdings currently holds about 424.72 K in cash with (2.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18. | |
| Onfolio Holdings has a strong financial position based on the latest SEC filings | |
| Roughly 37.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Onfolio Holdings Inc. Announces Quarterly Preferred Stock Cash Dividend of 0.75 Per Share |
Onfolio 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 Onfolio Stock often depends not only on the future outlook of the current and potential Onfolio 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. Onfolio Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.1 M | |
| Cash And Short Term Investments | 982.3 K |
Onfolio Holdings Technical Analysis
Onfolio Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Onfolio Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Onfolio Holdings. In general, you should focus on analyzing Onfolio Stock price patterns and their correlations with different microeconomic environments and drivers.
Onfolio Holdings Predictive Forecast Models
Onfolio Holdings' time-series forecasting models is one of many Onfolio 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 Onfolio 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 Onfolio Holdings
Checking the ongoing alerts about Onfolio Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Onfolio Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Onfolio Holdings is way too risky over 90 days horizon | |
| Onfolio Holdings may become a speculative penny stock | |
| Onfolio Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 5.24 M. Net Loss for the year was (8.14 M) with profit before overhead, payroll, taxes, and interest of 735.03 K. | |
| Onfolio Holdings currently holds about 424.72 K in cash with (2.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18. | |
| Onfolio Holdings has a strong financial position based on the latest SEC filings | |
| Roughly 37.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Onfolio Holdings Inc. Announces Quarterly Preferred Stock Cash Dividend of 0.75 Per Share |
Check out Onfolio Holdings Backtesting, Onfolio Holdings Valuation, Onfolio Holdings Correlation, Onfolio Holdings Hype Analysis, Onfolio Holdings Volatility, Onfolio Holdings History as well as Onfolio Holdings Performance. To learn how to invest in Onfolio Stock, please use our How to Invest in Onfolio Holdings guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Movies & Entertainment 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 Onfolio Holdings. If investors know Onfolio 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 Onfolio Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.60) | Revenue Per Share 1.154 | Quarterly Revenue Growth 0.318 | Return On Assets (0.17) | Return On Equity (0.92) |
The market value of Onfolio Holdings is measured differently than its book value, which is the value of Onfolio that is recorded on the company's balance sheet. Investors also form their own opinion of Onfolio Holdings' value that differs from its market value or its book value, called intrinsic value, which is Onfolio Holdings' 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 Onfolio Holdings' market value can be influenced by many factors that don't directly affect Onfolio Holdings' 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 Onfolio Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Onfolio Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onfolio Holdings' 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.