Ocean Sun (Norway) Probability of Future Stock Price Finishing Over 8.15
OSUN Stock | NOK 1.80 0.07 4.05% |
Ocean |
Ocean Sun Target Price Odds to finish over 8.15
The tendency of Ocean 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 move over 8.15 or more in 90 days |
1.80 | 90 days | 8.15 | close to zero percent |
Based on a normal probability distribution, the odds of Ocean Sun to move over 8.15 or more in 90 days from now is close to zero percent (This Ocean Sun As probability density function shows the probability of Ocean Stock to fall within a particular range of prices over 90 days) . Probability of Ocean Sun As price to stay between its current price of 1.80 and 8.15 at the end of the 90-day period is about 77.91 .
Assuming the 90 days trading horizon Ocean Sun has a beta of 0.48. This indicates as returns on the market go up, Ocean Sun average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ocean Sun As will be expected to be much smaller as well. Additionally Ocean Sun As has an alpha of 0.1854, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ocean Sun Price Density |
Price |
Predictive Modules for Ocean Sun
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ocean Sun As. 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.Ocean Sun Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ocean Sun is not an exception. The market had few large corrections towards the Ocean Sun'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 Ocean Sun As, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ocean Sun within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | 0.02 |
Ocean Sun 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 Ocean Sun for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ocean Sun As can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Ocean Sun As had very high historical volatility over the last 90 days | |
Ocean Sun As may become a speculative penny stock | |
Ocean Sun As has high likelihood to experience some financial distress in the next 2 years | |
The company reported the revenue of 238.4 K. Net Loss for the year was (18.76 M) with profit before overhead, payroll, taxes, and interest of 3.37 M. | |
Ocean Sun As has accumulated about 76.99 M in cash with (18.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Roughly 72.0% of the company outstanding shares are owned by corporate insiders |
Ocean Sun 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 Ocean Stock often depends not only on the future outlook of the current and potential Ocean Sun'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. Ocean Sun's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 45 M | |
Cash And Short Term Investments | 77 M | |
Shares Float | 10.4 M |
Ocean Sun Technical Analysis
Ocean Sun's future price can be derived by breaking down and analyzing its technical indicators over time. Ocean Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ocean Sun As. In general, you should focus on analyzing Ocean Stock price patterns and their correlations with different microeconomic environments and drivers.
Ocean Sun Predictive Forecast Models
Ocean Sun's time-series forecasting models is one of many Ocean Sun'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 Ocean Sun'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 Ocean Sun As
Checking the ongoing alerts about Ocean Sun for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ocean Sun As help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Ocean Sun As had very high historical volatility over the last 90 days | |
Ocean Sun As may become a speculative penny stock | |
Ocean Sun As has high likelihood to experience some financial distress in the next 2 years | |
The company reported the revenue of 238.4 K. Net Loss for the year was (18.76 M) with profit before overhead, payroll, taxes, and interest of 3.37 M. | |
Ocean Sun As has accumulated about 76.99 M in cash with (18.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Roughly 72.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Ocean Stock
Ocean Sun financial ratios help investors to determine whether Ocean 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 Ocean with respect to the benefits of owning Ocean Sun security.