OptiPharm (Korea) Probability of Future Stock Price Finishing Over 4775.00
| 153710 Stock | 4,775 50.00 1.06% |
OptiPharm |
OptiPharm Target Price Odds to finish over 4775.00
The tendency of OptiPharm 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 |
| 4,775 | 90 days | 4,775 | more than 93.0 |
Based on a normal probability distribution, the odds of OptiPharm to move above the current price in 90 days from now is more than 93.0 (This OptiPharm Co probability density function shows the probability of OptiPharm Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon OptiPharm Co has a beta of -0.0334. This suggests as returns on the benchmark increase, returns on holding OptiPharm are expected to decrease at a much lower rate. During a bear market, however, OptiPharm Co is likely to outperform the market. Additionally OptiPharm 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. OptiPharm Price Density |
| Price |
Predictive Modules for OptiPharm
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OptiPharm. 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.OptiPharm Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OptiPharm is not an exception. The market had few large corrections towards the OptiPharm'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 OptiPharm Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OptiPharm within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 377.46 | |
Ir | Information ratio | -0.39 |
OptiPharm 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 OptiPharm for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OptiPharm can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OptiPharm generated a negative expected return over the last 90 days |
OptiPharm Technical Analysis
OptiPharm's future price can be derived by breaking down and analyzing its technical indicators over time. OptiPharm Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OptiPharm Co. In general, you should focus on analyzing OptiPharm Stock price patterns and their correlations with different microeconomic environments and drivers.
OptiPharm Predictive Forecast Models
OptiPharm's time-series forecasting models is one of many OptiPharm'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 OptiPharm'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 OptiPharm
Checking the ongoing alerts about OptiPharm for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OptiPharm help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OptiPharm generated a negative expected return over the last 90 days |