Ooma Inc Stock Chance of Future Stock Price Finishing Under 10.16
| OOMA Stock | USD 14.06 0.15 1.06% |
Ooma |
Ooma Target Price Odds to finish below 10.16
The tendency of Ooma 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 drop to $ 10.16 or more in 90 days |
| 14.06 | 90 days | 10.16 | about 1.18 |
Based on a normal probability distribution, the odds of Ooma to drop to $ 10.16 or more in 90 days from now is about 1.18 (This Ooma Inc probability density function shows the probability of Ooma Stock to fall within a particular range of prices over 90 days) . Probability of Ooma Inc price to stay between $ 10.16 and its current price of $14.06 at the end of the 90-day period is about 70.2 .
Given the investment horizon of 90 days Ooma has a beta of 0.27. This indicates as returns on the market go up, Ooma average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ooma Inc will be expected to be much smaller as well. Additionally Ooma Inc has an alpha of 0.3311, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ooma Price Density |
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Predictive Modules for Ooma
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ooma Inc. 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.Ooma Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ooma is not an exception. The market had few large corrections towards the Ooma'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 Ooma Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ooma within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 1.38 | |
Ir | Information ratio | 0.15 |
Ooma 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 Ooma for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ooma Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 236.74 M. Net Loss for the year was (835 K) with profit before overhead, payroll, taxes, and interest of 137.65 M. | |
| About 73.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Disposition of 41029 shares by Eric Stang of Ooma at 6.04 subject to Rule 16b-3 |
Ooma 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 Ooma Stock often depends not only on the future outlook of the current and potential Ooma'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. Ooma's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.6 M | |
| Cash And Short Term Investments | 17.5 M |
Ooma Technical Analysis
Ooma's future price can be derived by breaking down and analyzing its technical indicators over time. Ooma Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ooma Inc. In general, you should focus on analyzing Ooma Stock price patterns and their correlations with different microeconomic environments and drivers.
Ooma Predictive Forecast Models
Ooma's time-series foreca