Onespan Stock Odds of Future Stock Price Finishing Under 19.13
| OSPN Stock | USD 18.25 0.17 0.94% |
OneSpan |
OneSpan Target Price Odds to finish below 19.13
The tendency of OneSpan 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 under $ 19.13 after 90 days |
| 18.25 | 90 days | 19.13 | over 95.02 |
Based on a normal probability distribution, the odds of OneSpan to stay under $ 19.13 after 90 days from now is over 95.02 (This OneSpan probability density function shows the probability of OneSpan Stock to fall within a particular range of prices over 90 days) . Probability of OneSpan price to stay between its current price of $ 18.25 and $ 19.13 at the end of the 90-day period is about 9.79 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.08 . This indicates OneSpan market returns are highly reactive to returns on the market. As the market goes up or down, OneSpan is expected to follow. Additionally OneSpan has an alpha of 0.1928, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OneSpan Price Density |
| Price |
Predictive Modules for OneSpan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OneSpan. 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.OneSpan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OneSpan is not an exception. The market had few large corrections towards the OneSpan'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 OneSpan, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OneSpan within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 1.08 | |
σ | Overall volatility | 1.46 | |
Ir | Information ratio | 0.06 |
OneSpan 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 OneSpan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OneSpan can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OneSpan had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 235.11 M. Net Loss for the year was (29.8 M) with profit before overhead, payroll, taxes, and interest of 148.57 M. | |
| OneSpan currently holds about 96.5 M in cash with (10.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.47. | |
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: OneSpan Appoints Identity Expert Ashish Jain as CTO |
OneSpan 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 OneSpan Stock often depends not only on the future outlook of the current and potential OneSpan'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. OneSpan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 40.2 M | |
| Cash And Short Term Investments | 42.5 M |
OneSpan Technical Analysis
OneSpan's future price can be derived by breaking down and analyzing its technical indicators over time. OneSpan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OneSpan. In general, you should focus on analyzing OneSpan Stock price patterns and their correlations with different microeconomic environments and drivers.
OneSpan Predictive Forecast Models
OneSpan's time-series forecasting models is one of many OneSpan'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 OneSpan'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 OneSpan
Checking the ongoing alerts about OneSpan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OneSpan help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OneSpan had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 235.11 M. Net Loss for the year was (29.8 M) with profit before overhead, payroll, taxes, and interest of 148.57 M. | |
| OneSpan currently holds about 96.5 M in cash with (10.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.47. | |
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: OneSpan Appoints Identity Expert Ashish Jain as CTO |
Check out OneSpan Backtesting, OneSpan Valuation, OneSpan Correlation, OneSpan Hype Analysis, OneSpan Volatility, OneSpan History as well as OneSpan Performance. To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Systems Software 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 OneSpan. If investors know OneSpan 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 OneSpan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.27 | Earnings Share 0.74 | Revenue Per Share 6.356 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0972 |
The market value of OneSpan is measured differently than its book value, which is the value of OneSpan that is recorded on the company's balance sheet. Investors also form their own opinion of OneSpan's value that differs from its market value or its book value, called intrinsic value, which is OneSpan's 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 OneSpan's market value can be influenced by many factors that don't directly affect OneSpan's 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 OneSpan's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneSpan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneSpan's 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.