Ocumetics Technology Corp Stock Probability of Future Stock Price Finishing Over 11.20
| OTC Stock | 0.30 0.03 9.09% |
Ocumetics |
Ocumetics Technology Target Price Odds to finish over 11.20
The tendency of Ocumetics 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 11.20 or more in 90 days |
| 0.30 | 90 days | 11.20 | close to zero percent |
Based on a normal probability distribution, the odds of Ocumetics Technology to move over 11.20 or more in 90 days from now is close to zero percent (This Ocumetics Technology Corp probability density function shows the probability of Ocumetics Stock to fall within a particular range of prices over 90 days) . Probability of Ocumetics Technology Corp price to stay between its current price of 0.30 and 11.20 at the end of the 90-day period is about 88.4 .
Assuming the 90 days horizon Ocumetics Technology Corp has a beta of -0.18. This indicates as returns on the benchmark increase, returns on holding Ocumetics Technology are expected to decrease at a much lower rate. During a bear market, however, Ocumetics Technology Corp is likely to outperform the market. Additionally Ocumetics Technology Corp has an alpha of 0.0128, implying that it can generate a 0.0128 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ocumetics Technology Price Density |
| Price |
Predictive Modules for Ocumetics Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ocumetics Technology Corp. 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.Ocumetics Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ocumetics Technology is not an exception. The market had few large corrections towards the Ocumetics Technology'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 Ocumetics Technology Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ocumetics Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.01 |
Ocumetics Technology 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 Ocumetics Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ocumetics Technology Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ocumetics Technology generated a negative expected return over the last 90 days | |
| Ocumetics Technology has some characteristics of a very speculative penny stock | |
| Ocumetics Technology has high historical volatility and very poor performance | |
| Ocumetics Technology has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ocumetics Technology generates negative cash flow from operations | |
| About 46.0% of the company outstanding shares are owned by corporate insiders |
Ocumetics Technology 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 Ocumetics Stock often depends not only on the future outlook of the current and potential Ocumetics Technology'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. Ocumetics Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 118.5 M |
Ocumetics Technology Technical Analysis
Ocumetics Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Ocumetics Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ocumetics Technology Corp. In general, you should focus on analyzing Ocumetics Stock price patterns and their correlations with different microeconomic environments and drivers.
Ocumetics Technology Predictive Forecast Models
Ocumetics Technology's time-series forecasting models is one of many Ocumetics Technology'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 Ocumetics Technology'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 Ocumetics Technology Corp
Checking the ongoing alerts about Ocumetics Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ocumetics Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ocumetics Technology generated a negative expected return over the last 90 days | |
| Ocumetics Technology has some characteristics of a very speculative penny stock | |
| Ocumetics Technology has high historical volatility and very poor performance | |
| Ocumetics Technology has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ocumetics Technology generates negative cash flow from operations | |
| About 46.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Ocumetics Stock Analysis
When running Ocumetics Technology's price analysis, check to measure Ocumetics Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocumetics Technology is operating at the current time. Most of Ocumetics Technology's value examination focuses on studying past and present price action to predict the probability of Ocumetics Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocumetics Technology's price. Additionally, you may evaluate how the addition of Ocumetics Technology to your portfolios can decrease your overall portfolio volatility.