Oron Group (Israel) Probability of Future Stock Price Finishing Over 923.56
| ORON Stock | ILS 935.90 8.20 0.88% |
Oron |
Oron Group Target Price Odds to finish over 923.56
The tendency of Oron 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 S 923.56 in 90 days |
| 935.90 | 90 days | 923.56 | about 13.03 |
Based on a normal probability distribution, the odds of Oron Group to stay above S 923.56 in 90 days from now is about 13.03 (This Oron Group Investments probability density function shows the probability of Oron Stock to fall within a particular range of prices over 90 days) . Probability of Oron Group Investments price to stay between S 923.56 and its current price of S935.9 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Oron Group Investments has a beta of -0.44. This indicates as returns on the benchmark increase, returns on holding Oron Group are expected to decrease at a much lower rate. During a bear market, however, Oron Group Investments is likely to outperform the market. Additionally Oron Group Investments has an alpha of 0.2791, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Oron Group Price Density |
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Predictive Modules for Oron Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oron Group Investments. 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.Oron Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oron Group is not an exception. The market had few large corrections towards the Oron Group'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 Oron Group Investments, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oron Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | -0.44 | |
σ | Overall volatility | 62.59 | |
Ir | Information ratio | 0.06 |
Oron Group 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 Oron Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oron Group Investments can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oron Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Oron Group Investments has accumulated about 112.2 M in cash with (48.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.47. |
Oron Group Technical Analysis
Oron Group's future price can be derived by breaking down and analyzing its technical indicators over time. Oron Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oron Group Investments. In general, you should focus on analyzing Oron Stock price patterns and their correlations with different microeconomic environments and drivers.
Oron Group Predictive Forecast Models
Oron Group's time-series forecasting models is one of many Oron Group'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 Oron Group'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 Oron Group Investments
Checking the ongoing alerts about Oron Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oron Group Investments help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oron Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Oron Group Investments has accumulated about 112.2 M in cash with (48.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.47. |
Other Information on Investing in Oron Stock
Oron Group financial ratios help investors to determine whether Oron 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 Oron with respect to the benefits of owning Oron Group security.