Overseas Shipholding Group Probability of Future Stock Price Finishing Under 5.43
| OSGDelisted Stock | USD 8.49 0.00 0.00% |
Overseas |
Overseas Shipholding Target Price Odds to finish below 5.43
The tendency of Overseas 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 $ 5.43 or more in 90 days |
| 8.49 | 90 days | 5.43 | under 4 |
Based on a normal probability distribution, the odds of Overseas Shipholding to drop to $ 5.43 or more in 90 days from now is under 4 (This Overseas Shipholding Group probability density function shows the probability of Overseas Stock to fall within a particular range of prices over 90 days) . Probability of Overseas Shipholding price to stay between $ 5.43 and its current price of $8.49 at the end of the 90-day period is about 79.54 .
Considering the 90-day investment horizon Overseas Shipholding Group has a beta of -0.42. This indicates as returns on the benchmark increase, returns on holding Overseas Shipholding are expected to decrease at a much lower rate. During a bear market, however, Overseas Shipholding Group is likely to outperform the market. Additionally Overseas Shipholding Group has an alpha of 0.4746, implying that it can generate a 0.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Overseas Shipholding Price Density |
| Price |
Predictive Modules for Overseas Shipholding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Overseas Shipholding. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Overseas Shipholding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Overseas Shipholding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Overseas Shipholding is not an exception. The market had few large corrections towards the Overseas Shipholding'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 Overseas Shipholding Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Overseas Shipholding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | -0.42 | |
σ | Overall volatility | 1.12 | |
Ir | Information ratio | 0.14 |
Overseas Shipholding 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 Overseas Shipholding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Overseas Shipholding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Overseas Shipholding is not yet fully synchronised with the market data | |
| Overseas Shipholding has a very high chance of going through financial distress in the upcoming years | |
| Overseas Shipholding Group has 573.89 M in debt with debt to equity (D/E) ratio of 1.71, which is OK given its current industry classification. Overseas Shipholding has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Overseas to invest in growth at high rates of return. | |
| About 28.0% of Overseas Shipholding outstanding shares are owned by corporate insiders |
Overseas Shipholding 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 Overseas Stock often depends not only on the future outlook of the current and potential Overseas Shipholding'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. Overseas Shipholding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 81.2 M | |
| Cash And Short Term Investments | 91.2 M |
Overseas Shipholding Technical Analysis
Overseas Shipholding's future price can be derived by breaking down and analyzing its technical indicators over time. Overseas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Overseas Shipholding Group. In general, you should focus on analyzing Overseas Stock price patterns and their correlations with different microeconomic environments and drivers.
Overseas Shipholding Predictive Forecast Models
Overseas Shipholding's time-series forecasting models is one of many Overseas Shipholding'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 Overseas Shipholding'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 Overseas Shipholding
Checking the ongoing alerts about Overseas Shipholding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Overseas Shipholding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Overseas Shipholding is not yet fully synchronised with the market data | |
| Overseas Shipholding has a very high chance of going through financial distress in the upcoming years | |
| Overseas Shipholding Group has 573.89 M in debt with debt to equity (D/E) ratio of 1.71, which is OK given its current industry classification. Overseas Shipholding has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Overseas to invest in growth at high rates of return. | |
| About 28.0% of Overseas Shipholding outstanding shares are owned by corporate insiders |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Overseas Stock
If you are still planning to invest in Overseas Shipholding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Overseas Shipholding's history and understand the potential risks before investing.
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