Oceanic Beverages (Taiwan) Probability of Future Stock Price Finishing Under 10.86
| 1213 Stock | TWD 12.15 0.05 0.41% |
Oceanic |
Oceanic Beverages Target Price Odds to finish below 10.86
The tendency of Oceanic 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 drop to NT$ 10.86 or more in 90 days |
| 12.15 | 90 days | 10.86 | near 1 |
Based on a normal probability distribution, the odds of Oceanic Beverages to drop to NT$ 10.86 or more in 90 days from now is near 1 (This Oceanic Beverages Co probability density function shows the probability of Oceanic Stock to fall within a particular range of prices over 90 days) . Probability of Oceanic Beverages price to stay between NT$ 10.86 and its current price of NT$12.15 at the end of the 90-day period is about 46.35 .
Assuming the 90 days trading horizon Oceanic Beverages has a beta of 0.32. This suggests as returns on the market go up, Oceanic Beverages average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oceanic Beverages Co will be expected to be much smaller as well. Additionally Oceanic Beverages Co 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. Oceanic Beverages Price Density |
| Price |
Predictive Modules for Oceanic Beverages
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oceanic Beverages. 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.Oceanic Beverages Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oceanic Beverages is not an exception. The market had few large corrections towards the Oceanic Beverages' 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 Oceanic Beverages Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oceanic Beverages within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.09 |
Oceanic Beverages 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 Oceanic Beverages for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oceanic Beverages can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oceanic Beverages generated a negative expected return over the last 90 days | |
| Oceanic Beverages Co has accumulated 151.87 M in total debt with debt to equity ratio (D/E) of 1.12, which is about average as compared to similar companies. Oceanic Beverages has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Oceanic Beverages until it has trouble settling it off, either with new capital or with free cash flow. So, Oceanic Beverages' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Oceanic Beverages sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Oceanic to invest in growth at high rates of return. When we think about Oceanic Beverages' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 425.21 M. Net Loss for the year was (94.44 M) with loss before overhead, payroll, taxes, and interest of (10.02 M). | |
| Oceanic Beverages Co has accumulated about 8.69 M in cash with (27.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Roughly 75.0% of Oceanic Beverages shares are owned by insiders or employees |
Oceanic Beverages 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 Oceanic Stock often depends not only on the future outlook of the current and potential Oceanic Beverages' 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. Oceanic Beverages' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 56.6 M |
Oceanic Beverages Technical Analysis
Oceanic Beverages' future price can be derived by breaking down and analyzing its technical indicators over time. Oceanic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oceanic Beverages Co. In general, you should focus on analyzing Oceanic Stock price patterns and their correlations with different microeconomic environments and drivers.
Oceanic Beverages Predictive Forecast Models
Oceanic Beverages' time-series forecasting models is one of many Oceanic Beverages' 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 Oceanic Beverages' 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 Oceanic Beverages
Checking the ongoing alerts about Oceanic Beverages for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oceanic Beverages help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oceanic Beverages generated a negative expected return over the last 90 days | |
| Oceanic Beverages Co has accumulated 151.87 M in total debt with debt to equity ratio (D/E) of 1.12, which is about average as compared to similar companies. Oceanic Beverages has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Oceanic Beverages until it has trouble settling it off, either with new capital or with free cash flow. So, Oceanic Beverages' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Oceanic Beverages sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Oceanic to invest in growth at high rates of return. When we think about Oceanic Beverages' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 425.21 M. Net Loss for the year was (94.44 M) with loss before overhead, payroll, taxes, and interest of (10.02 M). | |
| Oceanic Beverages Co has accumulated about 8.69 M in cash with (27.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Roughly 75.0% of Oceanic Beverages shares are owned by insiders or employees |
Additional Tools for Oceanic Stock Analysis
When running Oceanic Beverages' price analysis, check to measure Oceanic Beverages' 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 Oceanic Beverages is operating at the current time. Most of Oceanic Beverages' value examination focuses on studying past and present price action to predict the probability of Oceanic Beverages' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceanic Beverages' price. Additionally, you may evaluate how the addition of Oceanic Beverages to your portfolios can decrease your overall portfolio volatility.