Ocean Park High Etf Probability of Future Etf Price Finishing Over 25.43
| DUKH Etf | USD 25.52 0.02 0.08% |
Ocean |
Ocean Park Target Price Odds to finish over 25.43
The tendency of Ocean Etf 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 stay above $ 25.43 in 90 days |
| 25.52 | 90 days | 25.43 | about 64.62 |
Based on a normal probability distribution, the odds of Ocean Park to stay above $ 25.43 in 90 days from now is about 64.62 (This Ocean Park High probability density function shows the probability of Ocean Etf to fall within a particular range of prices over 90 days) . Probability of Ocean Park High price to stay between $ 25.43 and its current price of $25.52 at the end of the 90-day period is about 22.05 .
Given the investment horizon of 90 days Ocean Park has a beta of 0.13 suggesting as returns on the market go up, Ocean Park average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ocean Park High will be expected to be much smaller as well. Additionally Ocean Park High has an alpha of 0.0023, implying that it can generate a 0.002313 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ocean Park Price Density |
| Price |
Predictive Modules for Ocean Park
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ocean Park High. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.Ocean Park Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ocean Park is not an exception. The market had few large corrections towards the Ocean Park'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 Ocean Park High, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ocean Park within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.4 |
Ocean Park 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 Ocean Park for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ocean Park High can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ocean Park High has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Ocean Park High currently holds 55.95 B in liabilities with Debt to Equity (D/E) ratio of 133.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ocean Park High has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ocean Park until it has trouble settling it off, either with new capital or with free cash flow. So, Ocean Park's 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 Ocean Park High sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ocean to invest in growth at high rates of return. When we think about Ocean Park's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from gurufocus.com: Duke Energy Electrifies Its First Supply Chain Logistics Route |
Ocean Park Technical Analysis
Ocean Park's future price can be derived by breaking down and analyzing its technical indicators over time. Ocean Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ocean Park High. In general, you should focus on analyzing Ocean Etf price patterns and their correlations with different microeconomic environments and drivers.
Ocean Park Predictive Forecast Models
Ocean Park's time-series forecasting models is one of many Ocean Park's etf 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 Ocean Park'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 etf market movement and maximize returns from investment trading.
Things to note about Ocean Park High
Checking the ongoing alerts about Ocean Park for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ocean Park High help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ocean Park High has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Ocean Park High currently holds 55.95 B in liabilities with Debt to Equity (D/E) ratio of 133.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ocean Park High has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ocean Park until it has trouble settling it off, either with new capital or with free cash flow. So, Ocean Park's 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 Ocean Park High sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ocean to invest in growth at high rates of return. When we think about Ocean Park's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from gurufocus.com: Duke Energy Electrifies Its First Supply Chain Logistics Route |
Check out Ocean Park Backtesting, Portfolio Optimization, Ocean Park Correlation, Ocean Park Hype Analysis, Ocean Park Volatility, Ocean Park History as well as Ocean Park Performance. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Ocean Park High is measured differently than its book value, which is the value of Ocean that is recorded on the company's balance sheet. Investors also form their own opinion of Ocean Park's value that differs from its market value or its book value, called intrinsic value, which is Ocean Park'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 Ocean Park's market value can be influenced by many factors that don't directly affect Ocean Park'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 Ocean Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocean Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocean Park'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.