Accendra Health Stock Probability of Future Stock Price Finishing Over 2.21
| ACH Stock | USD 2.21 0.13 6.25% |
Accendra Health Target Price Odds to finish over 2.21
The tendency of Accendra 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 |
| 2.21 | 90 days | 2.21 | about 80.18 |
Based on a normal probability distribution, the odds of Accendra Health to move above the current price in 90 days from now is about 80.18 (This Accendra Health probability density function shows the probability of Accendra Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Accendra Health has a beta of 0.19. This suggests as returns on the market go up, Accendra Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Accendra Health will be expected to be much smaller as well. Additionally Accendra Health 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. Accendra Health Price Density |
| Price |
Predictive Modules for Accendra Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Accendra Health. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Accendra Health's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Accendra Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Accendra Health is not an exception. The market had few large corrections towards the Accendra Health'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 Accendra Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Accendra Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.31 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | -0.23 |
Accendra Health 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 Accendra Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Accendra Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Accendra Health generated a negative expected return over the last 90 days | |
| Accendra Health has high historical volatility and very poor performance | |
| Accendra Health was previously known as Owens Minor and was traded on New York Stock Exchange under the symbol OMI. | |
| The company reported the last year's revenue of 10.7 B. Reported Net Loss for the year was (362.69 M) with profit before taxes, overhead, and interest of 0. | |
| Accendra Health has a strong financial position based on the latest SEC filings | |
| Latest headline from thelincolnianonline.com: Y Intercept Hong Kong Ltd Increases Holdings in Owens Minor, Inc. OMI |
Accendra Health 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 Accendra Stock often depends not only on the future outlook of the current and potential Accendra Health'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. Accendra Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.1 M | |
| Cash And Short Term Investments | 49.4 M |
Accendra Health Technical Analysis
Accendra Health's future price can be derived by breaking down and analyzing its technical indicators over time. Accendra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Accendra Health. In general, you should focus on analyzing Accendra Stock price patterns and their correlations with different microeconomic environments and drivers.
Accendra Health Predictive Forecast Models
Accendra Health's time-series forecasting models is one of many Accendra Health'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 Accendra Health'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 Accendra Health
Checking the ongoing alerts about Accendra Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Accendra Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Accendra Health generated a negative expected return over the last 90 days | |
| Accendra Health has high historical volatility and very poor performance | |
| Accendra Health was previously known as Owens Minor and was traded on New York Stock Exchange under the symbol OMI. | |
| The company reported the last year's revenue of 10.7 B. Reported Net Loss for the year was (362.69 M) with profit before taxes, overhead, and interest of 0. | |
| Accendra Health has a strong financial position based on the latest SEC filings | |
| Latest headline from thelincolnianonline.com: Y Intercept Hong Kong Ltd Increases Holdings in Owens Minor, Inc. OMI |
Check out Accendra Health Analysis, Accendra Health Valuation, Accendra Health Correlation, Accendra Health Hype Analysis, Accendra Health Volatility, Accendra Health Price History as well as Accendra Health Performance. For more detail on how to invest in Accendra Stock please use our How to Invest in Accendra Health guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is there potential for Medical Distribution market expansion? Will Accendra introduce new products? Factors like these will boost the valuation of Accendra Health. If investors know Accendra will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Accendra Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Understanding Accendra Health requires distinguishing between market price and book value, where the latter reflects Accendra's accounting equity. The concept of intrinsic value—what Accendra Health's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Accendra Health's price substantially above or below its fundamental value.
Understanding that Accendra Health's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Accendra Health represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Accendra Health's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.