Osaka Steel Co, Stock Probability of Future Pink Sheet Price Finishing Under 10.08
| OSKXF Stock | 10.20 0.00 0.00% |
Osaka |
Osaka Steel Target Price Odds to finish below 10.08
The tendency of Osaka Pink Sheet 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 10.08 or more in 90 days |
| 10.20 | 90 days | 10.08 | near 1 |
Based on a normal probability distribution, the odds of Osaka Steel to drop to 10.08 or more in 90 days from now is near 1 (This Osaka Steel Co, probability density function shows the probability of Osaka Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Osaka Steel Co, price to stay between 10.08 and its current price of 10.2 at the end of the 90-day period is about 68.18 .
Assuming the 90 days horizon Osaka Steel Co, has a beta of -0.0163. This indicates as returns on the benchmark increase, returns on holding Osaka Steel are expected to decrease at a much lower rate. During a bear market, however, Osaka Steel Co, is likely to outperform the market. Additionally Osaka Steel Co, has an alpha of 0.0073, implying that it can generate a 0.007336 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Osaka Steel Price Density |
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Predictive Modules for Osaka Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Osaka Steel Co,. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Osaka Steel'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.
Osaka Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Osaka Steel is not an exception. The market had few large corrections towards the Osaka Steel'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 Osaka Steel Co,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Osaka Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.88 |
Osaka Steel Technical Analysis
Osaka Steel's future price can be derived by breaking down and analyzing its technical indicators over time. Osaka Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Osaka Steel Co,. In general, you should focus on analyzing Osaka Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Osaka Steel Predictive Forecast Models
Osaka Steel's time-series forecasting models is one of many Osaka Steel's pink sheet 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 Osaka Steel'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 pink sheet market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Osaka Steel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Osaka Steel's short interest history, or implied volatility extrapolated from Osaka Steel options trading.
Other Information on Investing in Osaka Pink Sheet
Osaka Steel financial ratios help investors to determine whether Osaka Pink Sheet 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 Osaka with respect to the benefits of owning Osaka Steel security.