Overstock (UK) Probability of Future Stock Price Finishing Over 5.90
| 0KDU Stock | 5.90 0.08 1.37% |
Overstock |
Overstock Target Price Odds to finish over 5.90
The tendency of Overstock 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 above the current price in 90 days |
| 5.90 | 90 days | 5.90 | under 95 |
Based on a normal probability distribution, the odds of Overstock to move above the current price in 90 days from now is under 95 (This Overstock probability density function shows the probability of Overstock Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Overstock has a beta of 0.61. This suggests as returns on the market go up, Overstock average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Overstock will be expected to be much smaller as well. Additionally Overstock has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Overstock Price Density |
| Price |
Predictive Modules for Overstock
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Overstock. 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.Overstock Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Overstock is not an exception. The market had few large corrections towards the Overstock'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 Overstock, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Overstock within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.74 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 1.90 | |
Ir | Information ratio | -0.14 |
Overstock 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 Overstock for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Overstock can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Overstock generated a negative expected return over the last 90 days | |
| Overstock has high historical volatility and very poor performance | |
| Overstock has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.56 B. Net Loss for the year was (307.84 M) with profit before overhead, payroll, taxes, and interest of 443.34 M. | |
| Overstock generates negative cash flow from operations | |
| About 62.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: US Court Throws Out Short Sellers Case Against Overstock - Finimize |
Overstock 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 Overstock Stock often depends not only on the future outlook of the current and potential Overstock'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. Overstock's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.2 M | |
| Dividends Paid | 3.8 M | |
| Cash And Short Term Investments | 302.6 M | |
| Shares Float | 45 M |
Overstock Technical Analysis
Overstock's future price can be derived by breaking down and analyzing its technical indicators over time. Overstock Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Overstock. In general, you should focus on analyzing Overstock Stock price patterns and their correlations with different microeconomic environments and drivers.
Overstock Predictive Forecast Models
Overstock's time-series forecasting models is one of many Overstock'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 Overstock'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 Overstock
Checking the ongoing alerts about Overstock for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Overstock help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Overstock generated a negative expected return over the last 90 days | |
| Overstock has high historical volatility and very poor performance | |
| Overstock has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.56 B. Net Loss for the year was (307.84 M) with profit before overhead, payroll, taxes, and interest of 443.34 M. | |
| Overstock generates negative cash flow from operations | |
| About 62.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: US Court Throws Out Short Sellers Case Against Overstock - Finimize |
Additional Tools for Overstock Stock Analysis
When running Overstock's price analysis, check to measure Overstock'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 Overstock is operating at the current time. Most of Overstock's value examination focuses on studying past and present price action to predict the probability of Overstock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Overstock's price. Additionally, you may evaluate how the addition of Overstock to your portfolios can decrease your overall portfolio volatility.