Ontrak Stock Forecast - Market Facilitation Index
| OTRK Stock | USD 1.85 0.05 2.78% |
Ontrak Stock Forecast is based on your current time horizon. Although Ontrak's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ontrak's systematic risk associated with finding meaningful patterns of Ontrak fundamentals over time.
Ontrak |
| Check Ontrak Volatility | Backtest Ontrak | Information Ratio |
Ontrak Trading Date Momentum
| On November 29 2024 Ontrak Inc was traded for 1.85 at the closing time. The top price for the day was 1.85 and the lowest listed price was 1.80 . There was no trading activity during the period 0.0. Lack of trading volume on November 29, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.70% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Ontrak
For every potential investor in Ontrak, whether a beginner or expert, Ontrak's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ontrak Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ontrak. Basic forecasting techniques help filter out the noise by identifying Ontrak's price trends.Ontrak Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ontrak stock to make a market-neutral strategy. Peer analysis of Ontrak could also be used in its relative valuation, which is a method of valuing Ontrak by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ontrak Inc Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ontrak's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ontrak's current price.| Cycle Indicators | ||
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Ontrak Market Strength Events
Market strength indicators help investors to evaluate how Ontrak stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ontrak shares will generate the highest return on investment. By undertsting and applying Ontrak stock market strength indicators, traders can identify Ontrak Inc entry and exit signals to maximize returns.
Ontrak Risk Indicators
The analysis of Ontrak's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ontrak's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ontrak stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.4 | |||
| Standard Deviation | 8.19 | |||
| Variance | 67.07 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Is Health Care Providers & Services 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 Ontrak. If investors know Ontrak 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 Ontrak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 31.91 | Revenue Per Share 4.585 | Quarterly Revenue Growth (0.17) | Return On Assets (0.45) | Return On Equity (3.41) |
The market value of Ontrak Inc is measured differently than its book value, which is the value of Ontrak that is recorded on the company's balance sheet. Investors also form their own opinion of Ontrak's value that differs from its market value or its book value, called intrinsic value, which is Ontrak'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 Ontrak's market value can be influenced by many factors that don't directly affect Ontrak'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 Ontrak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ontrak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ontrak'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.